Nowports Raises $60M Series B Financing

December 16, 2021Client News

Gunderson Dettmer represented client Nowports, a leading Latin American logistics startup, in its $60 million Series B Financing led by Tiger Global, standing out as one of the largest Series B rounds in Latin America. Nowports streamlines the import and export processes of Latin American companies and improves the visibility of their supply chains with valuable information.

In the announcement of the transaction, co-founder and CEO of Nowports Alfonso de los Rios said, "We are excited about the challenges that we are going to face with this investment—starting with faster growth in the countries where we already are, strengthening the relationship with the Asian countries where we import the most, and reinforcing the digital transformation with more efficient tools and financial facilities. Altogether, Nowports is the most integrated solution for supply chains in Latin America.”

The Gunderson deal team was led by Daniel Green and included Matthew Weber, Maurice Osei, Jamilah Mena, and Carly Brower.

Tiger Global