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SPOT is the first company that develops software based on Artificial Intelligence and Computational Vision in the region, providing solutions that change reality, one of those solutions is VISION, a software capable of creating surveillance videos in actionable intelligence, making them searchable. , processable and quantifiable.
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Elenas raises US$2 million to empower door-to-door saleswomen in Colombia
Contxto – Startup Elenas just raised a seed round worth US$2 million to bring empowerment, ownership, and a better quality of life to women in Colombia. The investors in this round were Alpha4 Ventures, Amador Holdings, Polymath Ventures, and Meesho. They’ll use the investment to continue expanding through their native Colombia and the upcoming years […]
Fintech Quanto scores US$15M with Brazil’s largest banks
Contxto – The Brazilian Fintech Quanto just raised US $15 million with Itaú Unibanco and Bradesco: The two largest banks in Brazil. Not satisfied with bagging these major financial institutions when it comes to banking, Kaszek Ventures and Coatue—both VCs—also pitched some funds for this investment round. While Itaú Unibanco’s contribution happened as a direct […]
Puerto Rican project chosen for Google News Lab Boot Camp
Contxto- In an age of “Fake News,” journalism has become more controversial, but at the same time, more fact-driven. Many outlets are looking for that extra support to become mainstream media and be able to reach more people. However, this wouldn’t be possible without a platform, and that is what the Google News Initiative Startup […]
eHealth Care: Chilean AI might dramatically improve Covid contact tracing tech
Contxto– Sabrina Sepúlveda, a Chilean scientist, has created a mobile kit for detecting Covid-19 by means of artificial intelligence (AI) technology. The kit uses an algorithm that, in combination with the patient’s symptoms, helps identify if there is a risk of infection prior to a PCR testing, the standard procedure. As of October 2020, two […]
Koibanx raises seed round with an eye set on Mexico
Contxto – Last Thursday (1), Koibanx announced it had closed a seed round for an undisclosed amount. For those of you who haven’t heard about Koibanx, they are a fintech offering back-end platform for banks or other financial institutions to connect APIs. The only investor revealed to have participated in this round has been Innogen […]
Two new Latin American-ish unicorns forebode ominous news for the region
Contxto – The world announced two new unicorns into the ecosystem just this week, and both have a distinctly Latin American flavor. One is Orca Bio, a clinical-stage biotechnology company developing high precision allogeneic cell therapies, which announced that it had scored Series D financing with US$192 million. The round was co-led by Lightspeed Venture […]
Fintech was about going digital, why are challenger banks addicted to plastic cards?
Contxto – Some might think that the story of fintech in Latin America is that of an underdog: A rebellious bunch of disruptors playing by their own rules and trying to conquer a game as old as time. However, the most recent strategy adopted by challenger banks doesn’t portray them as dissidents – in fact, […]
Fintech Moni launches lending solutions into Colombia
Contxto – Fintech Moni is entering a new market. Last Tuesday (29), the Argentine startup announced the launch of its credit solutions into Colombia. Users in the Andean country can now apply for personal loans ranging from ~US$26 to US$262. [wd_hustle id=”InArticleOptin” type=”embedded”/] Prepaid cards in Argentina Back in its native country, Moni also offers […]
Logistics and Supply Chain Management (SCM) startups from Mexico (beta)
Our ecosystem is on the move and so are our Market Maps. Don’t get caught off guard and sign up for this, and even more, content moving to our upcoming premium platform, New Money: powered by Typeform Contxto – The concept behind what logistics startups in Mexico do may seem easy to glean at first. […]
Yummy closes seed round to go beyond food delivery in Venezuela
Contxto – Food delivery startups are always up to something in Latin America. Yet, Venezuela is the one country that’s often sidelined from these developments. Mainly due to its internal instability. But for former Postmates director, Vicente Zavarce, there is major potential in his home country. And so, with the goal of bringing a tried-and-tested […]