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Venture Capital News: Nuvocargo Raises $20.5M

2021-12-10
NEW YORK, NY, Nuvocargo, an all-in-one digital platform for US/Mexico trade, has raised $20.5M, led by Tiger Global Management.
Nuvocargo, an all-in-one digital platform for US/Mexico trade, has raised $20.5M, led by Tiger Global Management, at a $180M valuation.

Also participating in the round was The Flexport Fund, the COO of $8.7B LatAm startup Kavak, and existing major investors QED Investors and NFX. Prior Nuvocargo investors include David Velez, founder of Nubank (valued at $30B+), the cofounders of Deel ($5B), Rappi ($5B), Ramp ($4B), Loft ($3B), Y Combinator, among others.

This additional funding brings Nuvocargo's total raised to date to $37.8M since its launch in late 2019.
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