Uncover, a Brazilian martech company, sets a record for investment in a US$1.5M seed funding round

Uncover aims to utilize this new funding to expand its teams in product development, sales, and growth further to establish itself in the thriving Brazilian market for Software as a Service (SaaS) focused on Marketing Mix Modeling.

Uncover is a B2B SaaS used by advertisers nationwide to enhance the efficiency and accuracy of the results generated by their media investments. The startup has revolutionized how return on investment (ROI) is measured by automating marketing data integration.

The Salvadoran fintech Cubo secured US$3.5 million from IDB Lab to expand to Guatemala and develop digital payment solutions for micro, small, and medium-sized enterprises in Central America. Cubo’s payment platform is versatile and can handle card transactions through different methods, such as point-of-sale systems, payment links, and QR codes. Cubo connects with over 10,000 businesses in Central America, where 40% are led by women, aligning with Cubo’s goal of achieving regional financial and technological inclusion.

CDPI Emerging Markets

Nigerian online grocery startup Pricepally has secured $1.3 million in seed funding to expand its operations. Backers include returning investor Samurai Incubate and new investors SOSV, ELEA, Hi2 Global, and Chui Ventures.

CDPI Emerging Markets

Full image variations based on creative assets or text prompts, plus text overlay and image expansion, are among the new GenAI features offered by Meta. Also offered, text generation to create variations on ad headlines. The features are available in Ads Manager through Advantage+ creative.

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Uncover, a Brazilian martech company, sets a record for investment in a US$1.5M seed funding round

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Cubo raises US$3.5M round and arrives in Guatemala

Nigerian grocery startup Pricepally raises US$1.3M to expand

Meta Announces Enhanced GenAI Features for Advertisers