Hugo raises Series A, launches hugo Ventures to boost regional digitization

▤ Summary

Hugo raised a Series A round and plans to use part of the capital to launch Hugo Ventures. The new vehicle will invest up to US$10 million in early-stage startups that want to operate in Latin America, especially Central America and the Caribbean. Hugo will write checks from US$10,000 to US$250,000 and target companies in sectors such as fintech, insurance, e-commerce, logistics, healthcare, software development, and customer service. The move supports regional digitization while Hugo continues expanding across Latin America.

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