Argentina’s ten largest reported startup financing announcements identified between January 1 and October 23, 2026, totaled US$397.4 million, covering digital finance, enterprise software, biotechnology, entertainment and mining technology. Ualá led with US$197 million, followed by Humand’s US$66 million Series A and Pomelo’s US$55 million Series C. The selection includes established scaleups expanding internationally and earlier-stage companies developing products for regional and global markets.
Where Argentina’s Largest Startup Financings Concentrated
Ualá Nearly Matched the Other Nine Rounds Combined
Ualá’s US$197 million financing represented 49.6% of the US$397.4 million combined total, almost matching the US$200.4 million raised across the other nine companies. Adding Humand and Pomelo brings the three largest transactions to US$318 million, or approximately 80% of the amount represented here. The other seven rounds collectively raised US$79.4 million, showing how strongly three announcements influenced the overall total.
Enterprise Software Outraised Fintech Beyond the Largest Round
Fintech accounts for US$274 million across Ualá, Pomelo, Belo, and Autonomy, equivalent to 68.9% of the reported total. Excluding Ualá, the remaining three fintech companies raised US$77 million, below the US$96 million combined for Humand and COR in enterprise software. Those two software businesses therefore account for 47.9% of the US$200.4 million raised by the other nine companies, changing the sector balance once the largest transaction is removed.
Tether Appeared in Rounds Representing More Than Half the Total
Tether participated in Ualá’s US$197 million round and led belo’s US$14 million Series A, bringing the combined value of the associated financings to US$211 million, or 53.1% of the ranking’s total. Ualá identified Tether’s contribution as US$20 million already included in its round, while belo’s announcement did not disclose Tether’s individual investment. The US$211 million measures the full size of these two rounds and must not be interpreted as the amount invested by Tether.
Argentina’s Ten Largest Reported Startup Funding Rounds in 2026
Ualá
Amount: US$197 million | Stage: Undisclosed | Sector: Fintech
Ualá announced financing led by Allianz X in March 2026, with the company’s latest disclosure putting the round at US$197 million and its valuation at US$3.2 billion. Founded by Pierpaolo Barbieri, the digital banking platform operates in Argentina, Mexico and Colombia and will use the capital to expand its financial services and insurance offering. Investors included Tencent and Stone Ridge Holdings Group, while Tether’s US$20 million participation is already included in the round total.
Humand
Amount: US$66 million | Stage: Series A | Sector: Enterprise Software & Productivity
Humand announced a US$66 million Series A in February 2026, co-led by Kaszek and Goodwater Capital, with participation from Marcos Galperin, Y Combinator and Newtopia VC. Founded by Nicolás Benenzon and Gerónimo Maspero, the company provides a mobile platform combining internal communication, human resources and employee development for workers without desk-based roles. With technology developed principally in Argentina and headquarters in the United States, Humand plans to use the financing for product development and international expansion, including Europe.
Pomelo
Amount: US$55 million | Stage: Series C | Sector: Fintech
Pomelo raised US$55 million in a Series C co-led by Kaszek and Insight Partners, with participation from Index Ventures, Adams Street Partners and other investors, bringing its reported total funding to US$160 million. Founded in 2021 by Gastón Irigoyen, Hernán Corral and Juan Fantoni, the company provides technology that enables banks, fintechs and large businesses to issue and process payment cards across Latin America. The financing will support additional payment methods, a global card built on stablecoins, payment tokenization and AI-assisted chargeback management.
COR
Amount: US$30 million | Stage: Undisclosed | Sector: Enterprise Software & Productivity
COR secured US$30 million from FTV Capital in July 2026 to expand its software for agencies and professional services firms. Led by co-founder and CEO Santiago Bibiloni, its platform connects project management, resource planning and financial performance to help teams understand costs and profitability. The investment will support further AI development, international expansion and entry into additional professional-services sectors, including law firms, accounting practices and software businesses.
belo
Amount: US$14 million | Stage: Series A | Sector: Fintech
belo announced a US$14 million Series A in April 2026, led by Tether, with participation from Titan Fund, The Venture City, Mindset Ventures and G2. Led by CEO Manuel Beaudroit, the digital wallet connects local payments with international transfers and digital dollars, serving users across Latin America while expanding in Brazil. The company said it had operated profitably for three years before the round and plans to use the capital to enter additional markets and expand its team.
BIOMAKERS
Amount: US$8 million | Stage: Series A | Sector: Biotech & Pharma
BIOMAKERS announced an additional US$8 million as part of its Series A in January 2026, backed by investors including Labcorp Venture Fund, Oncology Ventures and Zentynel Frontier Investments. Headquartered in San Francisco with laboratory operations in Argentina, Brazil and Mexico, the company combines molecular diagnostics, clinical and genomic data, and tumour biobanks to support precision oncology. Led by co-founder and CEO Nicolás Kirchuk, it will use the funding to strengthen its diagnostic, data and AI infrastructure for therapeutic development, diagnostic research and clinical trial execution.
Autonomy
Amount: US$8 million | Stage: Series A | Sector: Fintech
Autonomy closed a US$8 million Series A announced in August 2026, with participation from Magna Capital, Comafi, Natan VC and Murchison Ventures. Founded by José Trusso and Leandro Cuccioli, the company provides rental and rent-to-own vehicles for drivers working through ride-hailing platforms such as Uber, DiDi and Cabify. The funding will support fleet expansion, technology development and regional growth as Autonomy targets 10,000 vehicles in the Southern Cone by December 2027.
Shorta
Amount: US$7 million | Stage: Pre-Seed | Sector: Media & Entertainment
Shorta first announced its pre-seed at US$6 million in April 2026, with the same round subsequently reaching US$7 million and backing from Newtopia VC, Monashees and technology entrepreneurs including Guillermo Rauch and Matías Woloski. Founded by Armando Bo, Tomás Escobar and Ariel Arrieta, the company produces and distributes original fiction designed for vertical viewing on mobile phones. The financing will support content production, development of its digital platform and international expansion.
Giraffe Bio
Amount: US$6.4 million | Stage: Seed | Sector: Natural Resources & Mining Tech
Giraffe Bio raised US$6.4 million in a Seed round announced in October 2026, led by Orion Industrial Ventures with participation from BHP Ventures, Twynam, AIR Capital and Baruch Future Ventures. Operating in Argentina and Chile, the company combines AI and biotechnology to develop biochemical reagents intended to improve copper recovery from ore using existing mineral processing equipment. The financing will support manufacturing scale-up, industrial pilot programs, expanded research capabilities and growth of its technical and commercial teams.
CrofaBiotech
Amount: US$6 million | Stage: Seed | Sector: Biotech & Pharma
CrofaBiotech was reported in October 2026 to have secured US$6 million in Seed financing from national and international backers, including strategic investor Grupo Avalian. Founded by Adrián Mutto, Adrián Abalovich and Mariela Balbo, the startup develops genetically edited pigs for research into future organ transplants, drawing on Argentina’s scientific ecosystem and the National University of San Martín. The reported financing supports technology development and specialist infrastructure, while its US$6.7 million cumulative funding includes an earlier US$700,000 pre-seed round.
Methodology
This review covers the ten largest reported startup financing announcements identified between January 1 and October 23, 2026. Companies qualify when Argentina is their primary startup ecosystem, assessed through headquarters, substantive operations and established market presence, including qualifying businesses headquartered abroad. Founder nationality, a local office or customers in Argentina alone are insufficient.
The ranking covers independently founded, privately held, innovation-driven startups and scaleups, including equity rounds, SAFEs, convertible notes and strategic financing. Eligible mixed packages are ranked at their full announced value, including associated debt, grant or secondary components, and transactions awaiting regulatory approval remain eligible when clearly identified as conditional. Standalone debt, standalone grants, secondary-only transactions, acquisitions, public offerings, public-company financings, corporate-created or controlled subsidiaries and traditional businesses are excluded.
TravelX’s August 2026 Series A was reviewed but could not be ranked because the amount of new investment was not disclosed. The US$45 million figure accompanying that announcement describes cumulative company funding. tapi’s US$27 million Series B was excluded under the Argentina-primary rule because its headquarters and principal business focus are in Mexico.
All ten amounts were directly reported in US dollars, so no additional currency conversions were required. Ualá is shown at its latest US$197 million round total, including Tether’s US$20 million participation, and Shorta is shown at its updated US$7 million pre-seed total. CrofaBiotech’s reported US$6 million Seed amount is counted separately from its earlier US$700,000 pre-seed, rather than treating US$6.7 million of cumulative funding as a new round.
Conventional funding stages follow explicit company, investor or credible media reporting, with other transactions classified as Undisclosed. BIOMAKERS and Autonomy are tied at US$8 million and are ordered by their earliest public announcement dates. CrofaBiotech’s reported US$6 million Seed round sets the cutoff for the ten announcements shown here.
The ten reported transactions totaled US$397.4 million, with the three largest accounting for approximately 80% and four fintech companies representing 68.9% of the combined value. Enterprise software contributed US$96 million, while biotechnology, entertainment and mining technology accounted for the remaining US$27.4 million. These figures describe the selected financing announcements and their reported round totals, providing a view of the largest identified transactions without representing all startup investment in Argentina.