Nowports, an automatic digital freight forwarder in Latin America, has raised $16 million in Collection A funding.
Mouro Capital — a enterprise capital fund targeted on fintechs and adjoining companies that’s backed by Banco Santander — led the spherical for the Monterrey, Mexico-based startup. Basis Capital additionally participated within the financing, which included participation from present backers Broadhaven Ventures, InvestoVC, Monashees, Base10 Companions and Y Combinator.
Quite a few angels additionally put cash within the spherical, together with Justo.mx founder Ricardo Weder, Luuna’s Carlos Salinas from Luuna and Tinder co-founder Justin Mateen. The funding brings Nowports’ whole raised since its 2018 inception to over $24 million.
Nowports raised its preliminary seed spherical in 2019 after graduating from Y Combinator’s Winter 2019 batch with a mission to innovate the freight forwarding trade by serving to firms enhance the import course of. Its software program and providers observe freight shipments from