Funded Startups in Uruguay
Uruguay’s most recent disclosed rounds cluster in the 2023–2025 window, spanning 2020-03-05 (YVY Life Sciences, $2M) through 2025-09-11 (Mappa.ai, $3M).
Uruguay’s most recent disclosed rounds cluster in the 2023–2025 window, spanning 2020-03-05 (YVY Life Sciences, $2M) through 2025-09-11 (Mappa.ai, $3M). The largest disclosed amount in the 15-row view is dLocal’s $150M on 2021-04-02, which dwarfs the next-largest disclosed rounds (Satellogic $20M on 2025-04-15 and Axenya $12M on 2025-08-25), while most other disclosed figures sit far below that $20M band.
Sector and stage signals are uneven: “Montevideo” dominates as the listed location across entries, and several rounds are unlabeled on amount or stage (five rounds show “undisclosed” amounts, and multiple entries list “Series Unknown” or blank stages). Commercially, “Commerce and Shopping” appears in three entries (nocnoc $14M on 2023-06-09; Handy undisclosed on 2023-11-01; dLocal $150M on 2021-04-02), while “Series Unknown” classification shows up repeatedly alongside Seed/Series A/Pre-Seed represented by Mappa.ai (Seed, $3M), Axenya (Series A, $12M), and UNIVERSIMM (Pre-Seed, undisclosed).
Most recent rounds
15 shownRelated listings
Frequently asked
What stands out most in round size, and is it driven by one company?
dLocal’s $150M round on 2021-04-02 is the clear outlier in disclosed amounts; the next-highest disclosed entries are Satellogic ($20M on 2025-04-15) and Axenya ($12M on 2025-08-25), while most other disclosed rounds are well under that range (for example, SEG Ingenieria at $380K on 2023-03-27 and PayFlex at $20K on 2024-03-01).
How much of the activity is concentrated in the most recent period shown (last ~12 months)?
Within 2024-03-01 (PayFlex) through 2025-09-11 (Mappa.ai), the page includes multiple disclosed rounds and several undisclosed ones: $20K (PayFlex, 2024-03-01), $20M (Satellogic, 2025-04-15), $12M (Axenya, 2025-08-25), plus at least one undisclosed Pre-Seed (UNIVERSIMM, 2025-02-13).
Is Montevideo the dominant geographic pattern, or are there multiple cities listed?
Every row shown lists Montevideo, Uruguay (for example, Axenya on 2025-08-25 and dLocal on 2021-04-02), with no alternative city names appearing in the 15-row view.
Do specific sectors recur, and does the largest disclosed amount align with one of them?
“Commerce and Shopping” appears three times: Handy (undisclosed, 2023-11-01), nocnoc ($14M, 2023-06-09), and dLocal ($150M, 2021-04-02). In this view, the sector recurrence includes the single largest disclosed round (dLocal’s $150M).
What stage/amount labeling patterns could complicate comparisons (Series Unknown, blank stage, or undisclosed amounts)?
Comparisons are affected by missing financials and/or stage labels: five entries show “undisclosed” amounts (UNIVERSIMM 2025-02-13; Handy 2023-11-01; Boxes devices 2022-07-11; plus the blank/NA amount cases in the table), and several rows also use “Series Unknown” or blank stage fields (for example, Satellogic is “Series Unknown” on 2025-04-15 at $20M, and PayFlex shows a blank stage on 2024-03-01 at $20K).
Which entries are closest to the extremes of disclosed amounts?
The smallest disclosed amount is Viatik’s $10K on 2023-03-01, while the largest disclosed is dLocal at $150M on 2021-04-02. The disclosed middle includes many sub-$1M rounds and mid-single-digit figures, such as Bunker DB at $1M (2022-09-21) and Mappa.ai at $3M (2025-09-11).
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.