NXTP Labs raised 38,5 million funding round
By: NXTP Labs
NXTP Labs has already invested in 168 companies across the region including Satellogic, Jampp, Auth0, Properati and had 9 exits comprised of acquisition of Comenta.tv by Wayin, and Sparkflow that was acquired by Undertone. With the recent funding, NXTP Labs will now be able to become more active in follow-on rounds up to $1M per company.
With local presence in Chile, Uruguay, Colombia, México and Argentina, and a founding participation in Puente Labs in Silicon Valley, NXTP Labs has built a powerful network of more than 1,200 entrepreneurs and over 300 mentors and investors.
Ariel Arrieta, co-founder and managing director of NXTP Labs concludes: “We are sparking thepotential of Latin American entrepreneurs and their success on a global scale. It’s also true, that raising funds to increase their growth and impact is still a great challenge for these latitudes”.
Information about NXTP Labs
NXTP Labs is an investment fund and acceleration program that invests in early-stage startups and has, to date, invested in more than 160 companies of different profiles. Our focus is on technology companies seeking Spanish-speaking countries with regional and global opportunities. We provide seed capital, consulting services, direct advice, training and most importantly, access to first class mentors in Latin America, the United States and Europe. In exchange for these assets, the accelerator requests a percentage of equity of the company.
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