Where Argentina And Spain Are Scoring Startup Goals
We put together a snapshot of recent startup funding tallies and trends for World Cup finalists Spain and Argentina. While neither accounts for a particularly large share of global or even regional investment, both have an intriguing pipeline of recently funded companies. Joanna Glasner jglasner This year, I've been watching the World Cup with the play-by-play in Spanish, only because that streaming app was way cheaper.
Key Takeaways
- With the final game between Argentina and Spain approaching on Sunday, however, it's seeming like a real perk.
- As you'll see, neither accounts for a particularly large share of global or even regional investment.
Both however, have an intriguing pipeline of recently funded companies.
- The most famous Argentine-founded internet company - online marketplace MercadoLibre - commands a market cap around $94 billion on Nasdaq .
(It's currently headquartered in Uruguay but traces its roots to a Buenos Aires garage.
- Spain Oddsmakers say Spain is the favorite going into the final.
However, it's well known that often the underdog also prevails.
- " Other standouts among the bigger rounds this year include: Factorial , an AI-enabled HR and payroll platform, scooped up $150 million in Series D funding at a $2.
Stats & Key Facts
- #After it won the final in 2022, we wrote a venture funding-themed story calling the country's startup scene "small, scrappy and sometimes very successful.
- #The most famous Argentine-founded internet company - online marketplace MercadoLibre - commands a market cap around $94 billion on Nasdaq .
- #1 billion in known funding to date, including a $195 million March financing.
- #Others that have raised good-sized rounds this year are also in the fintech space, including: Pomelo , a payments infrastructure startup, closed on a $55 million Series C round co-led by Kaszek and Insight Partners .
And if you can make that stretch a good 21 seconds in one breath, all the better. Here at Crunchbase News, meanwhile, we've been prepping for the final in a less vocally demanding but much more data-intense manner. Since both contenders are far more famous for soccer than accomplishments in the startup realm, we figured a small step to rectify that was in order.
To do this, we put together a snapshot of recent startup funding tallies and trends for both Spain and Argentina. As you'll see, neither accounts for a particularly large share of global or even regional investment. Both however, have an intriguing pipeline of recently funded companies.
Argentina We'll start with our second World Cup-related profile of Argentina. After it won the final in 2022, we wrote a venture funding-themed story calling the country's startup scene "small, scrappy and sometimes very successful. " Four years later, that description still holds.
For more details please read the original article at Crunchbase News.
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