Latin America’s Biggest Startup Funding Rounds in Week 14, Led by Somos Internet, With Big Bets on Telecom and Healthtech

Startups across Latin America raised a combined $66.5 million this week, based on disclosed rounds tracked by Techloy. Telecom infrastructure attracted the largest round, followed by healthtech and fintech, as investors backed platforms building connectivity, digital prescriptions, cross-border payments, and AI-driven automation tools.

The Week’s Largest Startup Funding Rounds

Here are the hugegest disclosed startup funding rounds across Latin America, ranked from largest to tinyest.

/1. Somos Internet, $40M, Telecom Infrastructure, Colombia

Colombian telecom startup Somos Internet raised a $40 million Series B round co-led by Bracket Capital and Ribbit Capital, with participation from Union Square Ventures, Kaszek Ventures, Not Boring Capital, Zero Infinity Partners, and Y Combinator. The round follows its Series A in September 2025.

Founded by Forrest Heath, Somos Internet builds fiber networks applying its proprietary FiberX architecture, delivering enterprise-grade connectivity at lower cost. The company will apply the funding to triple its coverage in Colombia and expand into Mexico, while also strengthening its leadership team.

/2. Mevo, $18M, Healthtech, Brazil

Brazilian digital prescription platform Mevo raised $18 million in a round led by Prosus, with participation from Matrix, Jefferson River Capital, and Floating Point. The round follows Mevo’s Series B in 2024.

Founded in 2017, Mevo connects doctors, patients, pharmacies, and pharmaceutical companies through its digital prescription platform. The company has expanded into exam scheduling and online medication fulfillment, building a broader healthcare ecosystem. With the new funding, Mevo will expand its exam scheduling services, integrate patient support programs, and grow its online pharmacy operations.

/3. UnblockPay, $4.5M, Fintech, Brazil

Brazilian fintech UnblockPay raised $4.5 million in a seed round led by Prelude, with participation from Plug and Play, Wintermute, Signature Ventures, and angel investors from companies such as Stone and iFood.

UnblockPay builds infrastructure that enables financial institutions to process cross-border payments applying stablecoins such as USDC and USDT. The company will apply the funds to strengthen its regulatory and compliance framework, pursue a stablecoin license from Brazil’s Central Bank, accelerate product development, and expand into Latin America and Asia.

/4. PhageLab, $3M, Biotech, Chile

Chilean biotechnology firm PhageLab secured a $3 million bridge round led by Kaszek Ventures, bringing its total capital raised to approximately $40 million. PhageLab specializes in bacteriophage technology as an alternative to antibiotics in animal health. The funding will support commercial expansion in Brazil and the development of new bacteriophage applications.

Alongside the funding, the company announced a leadership transition, with co-founder Hans Pieringer shifting into the role of Chief Scientific Officer and Caue Zortea appointed as CEO to lead the next phase of growth.

/5. Cifrato, Over $1M, AI Accounting, Colombia

Colombian startup Cifrato raised over $1 million in a seed round backed by Y Combinator, Fen Ventures, Decelera Ventures, and Kuiper. The company is part of Y Combinator’s Winter 2025 batch.

Cifrato builds AI agents that automate accounting workflows by replacing manual tinquires common among firms. Its platform connects directly to Colombia’s tax authority, processes invoices, applies taxes, and manages inventory in real time, reporting an accuracy rate of 98.7%.

The startup will apply the funds to strengthen its operations in Colombia, expand ERP and POS integrations, and develop an AI-powered bank reconciliation module while scaling its infrastructure.

Conclusion

This week’s funding rounds highlight continued investor confidence in infrastructure, digital healthcare, fintech rails, and AI-driven automation. Across connectivity, payments, biotech, and accounting, startups are building foundational systems designed to modernize critical sectors across Latin America.