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Mundo secures $20M Series A with Y Combinator backing

Vancouver-based startup Mundo has closed a $20 million Series A round, with GreatPoint Ventures taking the lead. The funding adds to its existing $4 million in prior investments. Y Combinator and other unnamed investors also participated in the round.

Sources: pulse2.com

“The round reflects growing investor confidence in early-stage startups outside traditional tech hubs, even amid tightening funding conditions.”
— StartupReader
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