Cayena has secured $55 million in Series B funding led by Bicycle Capital to enhance its B2B marketplace for the wholesale food industry in Latin America.
Target Information
Cayena is a prominent B2B marketplace that focuses on the wholesale food sector in Latin America. The company facilitates connections between suppliers and buyers, streamlining the procurement process and enhancing efficiency within the food supply chain. By leveraging advanced technology and a user-friendly platform, Cayena aims to empower food businesses across the region, enabling them to access quality products and services more effectively.
This recent funding round positions Cayena to amplify its operational capabilities and expand its reach within the growing marketplace. With the additional capital, the company intends to enhance its technological infrastructure, improve customer experience, and broaden its product offerings to meet the diverse needs of its clientele.
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Industry Overview
The wholesale food industry in Latin America is rapidly evolving, characterized by increasing digital transformation and rising consumer demand for convenience and quality. Traditional business methods are gradually being replaced by
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Disclosed details
Transaction Size: $55M