MEDU Protection is a Mexican startup that develops sustainable medical apparel to reduce environmental impact, reducing up to 25 kg of waste per garment in an industry that generates up to 5 million tons annually. To continue developing these products, the company has just raised US$4 million in a seed round led by MaC Venture […]
Sandra Pérez
Periodista de tecnología y negocios basada en México. Escribí para Fortune en Español y Muy Interesante.
Posted inMexico, News
Alloy Capital Invests More Than US$14 Million in Conversational Messaging Company Auronix
Alloy Capital announced in a press release that it has invested around US$14.5 million in Auronix, a Mexican company that provides conversational messaging solutions. In other words, they provide SaaS that keeps companies communicating with their customers through the platforms they use the most, such as WhatsApp, Messenger, or SMS. Alloy Capital’s investment was made […]
Posted inNews
Ebanx’s ‘Latin America Summit’ Leaves Brazil, Arrives in Mexico for the First Time
After five years of being held in Brazil, it’s country of origin, the Latin America Summit of Ebanx, the Brazilian unicorn dedicated to payment processing, is coming to Mexico City for the first time. In its sixth edition, experts will meet from September 12 to 14 to discuss the new digital business opportunities that exist […]
Posted inCryptocurrencies, News
Mercado Libre Launches Its Own Cryptocurrency in Brazil
Mercado Libre announced today the launch of Mercado Coin, its first cryptocurrency, in Brazil. It was developed on the Ethereum blockchain and will be used through Mercado Libre and Mercado Pago in that country for US$0.10. The company expects that by the end of August 80 million users will have access to Mercado Coin, Cointelegraph […]
Posted inChile, News, Startups
Reversso Raises US$1.1 Million To Improve Returns and Exchanges at Online Stores
Reversso, a company that offers B2B software to improve returns and exchanges on e-commerce sites, raised US$1.1 million in a seed round led by the Santiago, Chile-based Genesis Ventures fund. This amount brings the funding to US$1.6 million, Benjamín Santa María, CEO and co-founder of the Reversso, told Contxto. This round was also backed by […]
Posted inNews, Venture Capital
Meet the 500 Global LatAm Newest Batch of Startups
At a time of economic uncertainty, there are venture capital (VC) funds that continue as usual: such is the case of 500 Global LatAm, which has just announced its 16th batch, the second this year, comprising ten startups that will receive US$60 000 in investment each. As well as a fund, 500 Global (previously 500 […]
Posted inNews, Puerto Rico, Startups
Raincoat Raises US$4.5 Million To Provide Natural Disaster Insurance in LatAm
Raincoat, a Puerto Rico-based startup that provides insurance solutions for weather-related disasters, raised US$4.5 million in a seed round led by Anthemis. With the new round, the company will have around US$4,650 in funding. Also participating in the raise were SoftBank Group’s SB Opportunity Fund, Banco Popular de Puerto Rico, Chilean financial group Consorcio, Miami-based […]
Posted inEntrevistas, Mujeres, News
Marlene Garayzar: I Co-founded Stori Because I Wanted to Work on Something With Social Impact
A new Mexican unicorn emerged a few days ago after raising US$150 million in a Series C and valuing itself at more than US$1 billion: Stori, a company focused on offering credit to the country’s unbanked. The fintech company founded not only attracted the attention of the entrepreneurial ecosystem for its new status but also […]
Posted inMexico, News
Arrenda Raises US$26.5 Million To Offer Credit to Landlords in Mexico
Fintech Arrenda raised US$26.5 million in a pre-seed round that combined equity and debt. The round was led by Fasanara Capital and had participation from Kube Ventures, ODX, Toehold Ventures, Wharton Fintech, Lightspeed Venture Partners Scout Fund, PRMM Inmobiliaria, and angel investors. The fintech that offers credit to landlords also announced the arrival of its […]
Posted inMexico, News
Swvl Acquires Transportation Startup Urbvan for US$82 Million
Nasdaq-listed transportation startup Swvl Holdings Corp. acquired Mexico’s Urbvan for US$82 million. With this transaction, the company expands its presence to 164 cities in 22 countries, boosting its growth in Latin America, where it already has a presence in Brazil, Argentina, and Chile. “Thanks to this merger, Urbvan becomes a global company,” Joao Matos Albino, […]