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Congratulations to portfolio company Fondeadora, which raised an additional $14m in new Series A funding, bringing the round total to $28m. Portag3 led, and was joined by insider Gradient Ventures. Y Combinator, Scott Belsky, Sound Ventures, Fintech Collective and Ignia also participated in the first tranche of the Series A.
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“We received an unsolicited and unexpected term sheet three months after our Series A,” co-founder and co-CEO Norman Müller told me. The company’s valuation has doubled with the round extension as well.
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