CargoX
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CargoX announced today that it has raised $20 million in Series C funding led by Goldman Sachs. The startup is currently focused on the Brazilian market, where it connects businesses that need to ship something with drivers who have excess capacity in their trucks. The goal is to help truckers make more money while reducing shipping costs for businesses. Read More
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A majority of the most successful startups coming out of Latin America have fallen under the “copycat” business model. On the other hand, there’s been a rise in truly disruptive ideas coming out of Latin America, as well. Certainly, “copycat” startups can be innovators, but not all innovators are disruptors. Read More
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