There is money flowing into startups leveraging it to tackle real-world problems anywhere in the world, including in Latin America, but also in Africa. the two newly minted Latin American AI unicorns in Q3 were NotCo, a food tech company, and Unico, a digital ID provider.
Venture capital firms Seaya Ventures and Cathay Innovation have created a joint fund aimed at startups across Latin America that are redefining their industries and society. The team’s first investment was made in September when it went in on Chilean fintech Xepelin’s $230 million round. As solo firms, both have been active in the region making other investments in Mexico’s Kueski and Lana, Brazil’s Facily and alt.bank, and Colombia’s RobinFood and Chile’s Fracttal.
South African tech talent marketplace OfferZen which is one of the beneficiaries of the growing global demand for tech workers, has raised €4.5 million ($5.07 million) in Series A funding from South African investment company Base Capital.
Customer intelligence platform Acxiom will collaborate with ActionIQ to deliver enhanced customer insights. ActionIQ’s CDP will integrate with Acxiom’s demographic, household, behavioral and preference data and with Acxiom’s RealID identity resolution solution. Acxiom experts will work with clients to customize and streamline ActionIQ.