New Latino media startup launches with historic $80M raise

Latina activists and entrepreneurs Jess Morales Rocketto and Stephanie Valencia have raised $80 million to launch a new Hispanic media company called the Latino Media Network.Why it matters: It’s one of the largest capital raises for a Latina-owned and operated startup in the U.S.»It’s pretty audacious for people like us to be doing something this big,» Morales Rocketto said in an interview. «Steph and I have been raising money for a long time, but this is orders of magnitude bigger than what we’ve ever done.»

Origen: New Latino media startup launches with historic $80M raise