peru

Mexican venture firm ALL VP has a $73 million first close on its latest fund

Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the Mexico City-based, early stage technology investor, has held a first close of $73 million for its latest investment vehicle. The firm launched its first $6 million investment vehicle in 2012, according to CrunchBase, just as Mexico’s former President Enrique Peña Nieto was coming to power with a pro-business platform. One which emphasized technology development as part of its strategy for encouraging economic growth. ALL VP founding partner Fernando Lelo de Larrea sai...

Truck Driver Nearly Destroyed the Nazca Lines in Peru

The mysterious Nazca Lines have baffled the world for centuries, with many archaeologists wondering just how the heck an ancient civilization dating as far back as 500 B.C. could have constructed such intricate lines without the use of any aerial vehicles. To this day the lines remain among the most astounding geoglyphs ever found, when scale and precision are taken into account. Just this month, however, a man in a truck was caught driving through the UNESCO World Heritage Site, resulting in deep tire gouges across three of the glyphs. #COMUNICADO: Ministerio de Cultura denuncia penalmente a chofer de camión que ingresó a la Pampa de Nasca: https://t.co/SlcJeyYgMm #PrensaCultura pic.twitter.com/rdMf26Eo8r — Ministerio Cultura (@MinCulturaPe) January 29, 2018 “They are the most outstanding...

Alternate Trails And An Overlooked Archaeological Site Could Soon Become Peru’s Hottest Tourist Spots

Machu Picchu is one of the world’s most famous archaeological sites, and each year, nearly two million people visit the lost city. But while most visitors opt for the traditional multi-day trek along the Inca Trail to get there, many are overlooking more authentic, nature-filled hikes through the native villages. These also allow adventurous tourists to pay a visit to Choquequirao, the often forgotten neighbor of Machu Picchu that features even more views of the scenic valley. Rather than taking the standard route through the Andes, the trip to Choquequirao can be navigated in a variety of ways. Plus, once you get there, often times there are less than a few dozen people at the site. This is mainly because of how much longer it takes to get to versus Machu Picchu, because hiking through th...