Kavak raises $127M, Ep 204
Update: 2025-04-22
Description
This week’s Espresso covers news from Finaktiva, Smart Compass, Mombak, and more!
Outline of this episode:
Outline of this episode:
- [00:30 ] – Kavak raises $127M in down round, drops valuation to $2.2B
- [00:43 ] – Onfly raises $40M Series B to expand corporate travel platform
- [00:56 ] – Altis raises $2.6M in equity and debt
- [01:05 ] – Toku raises $48M Series A extension to expand payments platform
- [01:16 ] – AdmiralONE raises $462K and acquires two startups
- [01:31 ] – Banorte acquires RappiCard in $50M deal
- [01:39 ] – ActiveCampaign acquires Mexican WhatsApp automation startup Hilos
- Startups: Kavak, Onfly, Altis, Toku, AdmiralONE, Grupo Financiero Banorte, RappiCard, ActiveCampaign, Hilos,
- VCs: SoftBank, General Atlantic, Goldman Sachs, HSBC, Tidemark, Magma Partners, Latitud, Oak HC/FT
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