Categories: Business

Colombian Startups With Funds Locked In SVB Recount Hours of Anxiety

Some of Colombia’s most-renowned entrepreneurs, such as Alexander Torrenegra, founder of remote work platform Torre (which raised $10 million in a seed round in 2021); Daniel Bilbao, leader of the identity verification startup Truora (which raised a $15 million Series A in 2022); and Rubén Córdoba, CEO of employment platform HoyTrabajas, which raised a $3.5-million seed round in 2022, recount how their money became trapped by the collapse of Silicon Valley Bank (SVB).

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