Habi, a startup that emerged in 2019 to digitize the process of buying and selling homes in Colombia, this week became Colombia’s second unicorn. The startup’s model is two-sided. For those who want to sell properties, Habi buys them expeditiously, within 10 days. And to those looking to buy, Habi offers real estate, helping them obtain a mortgage loan. The company operates in more than 15 cities in Colombia and Mexico.
Spot2, a Mexican brokerage startup, announced a $4.2 million seed round led by Streamline Ventures. HOF Capital, Acrew Capital, H20 funds, and angel investors. Spot2 was founded in 2021. It holds the promise of enabling commercial real estate identification, validation, and lease closing in six times less time than usual. The proptech developed technology based on an algorithm that offers solutions to connect brands with available commercial spaces successfully.
Egyptian startup Instabug, a mobile monitoring, crash and bug reporting solution for mobile teams, has raised US$46 million in Series B funding to add to its product and build what it says will be the first mobile observability and performance monitoring platform.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.