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Cybersecurity startup Strike raises US$5.4M

Strike is a continuous penetration testing platform that seeks to expand access to cybersecurity in Latin America. Penetration tests are simulated cyberattacks to detect vulnerabilities. Strike proposes that companies get offensive security throughout the year for the same price they used to pay for a one-time checkup a couple of times in the same period. Strike combines automation with a network of ethical hackers working for the company.

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Malaysia’s Carsome set to list on Nasdaq with US$2B valuation

April 28, 2022

Malaysian used car marketplace Carsome is going public on New York’s Nasdaq and the Singapore Stock Exchange with a company valuation amounting to US$2 billion. Reports by financial news outlets familiar with the move have said that the company had already confidentially filed for the initial public offering (IPO) with Nasdaq earlier, with the target being US$400 million in funds raised.

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Morado, a Colombian startup aiming to digitize beauty salons, raises US$5M

April 28, 2022

Morado’s value proposition is offering to the owners of beauty salons, spas, and related establishments a Marketplace of supplies of all kinds (beauty products, uniforms, furniture) giving them credits, next-day delivery, and other digital stores’ related services. The company has said it will use this financing to expand its operation in Colombia, where it already has 60 employees, and expand into Mexico, where it plans to be operational by the end of this year.

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US Requests Breakup of Google

April 22, 2025

The U.S. Department of Justice has formally requested the sale of the Chrome browser among other measures following last August’s guilty verdict in its search advertising antitrust suit (not to be confused with last week’s guilty verdict in the adtech antitrust lawsuit). Google is asking for a much narrower focus on deals to be the default search engine for Apple, Mozilla and others. There will be a three-week hearing on the government’s proposals.

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