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Can spacetech truly take off in Latin America?
Contxto – On October 9, 2020, the Mexican government took a break from its regularly scheduled Earth-bound matters to make an announcement that took many by surprise. Latin America was launching a unified regional Latin American and Caribbean Space Agency (ALCE, as it is known in Spanish). The landmark agreement was signed alongside Argentina, making […]
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 […]
Moova, the logistics Airbnb, sees double expected growth thanks to pandemic
Contxto – Moova, the self-proclaimed Airbnb of urban logistics startup from Argentina, duplicated its annual turnover expectation thanks to the Covid-19 pandemic. While the lock down forced many businesses to drastically change their ways in order to survive, some others like Moova benefitted from the conditions introduced by this global crisis. The company’s CEO, Antonio […]
Startups from Paraguay (beta)
Contxto – Startups in Paraguay are as interesting as this often ignored corner of the Latin American ecosystem is. Yet, there is a common trend to be seen as in the rest of the region. It was one we detected almost exactly a year ago when we wrote a market map of fintech startups in […]
Latin America launches united regional space agency, ALCE
Contxto – Marcelo Ebrard, Mexico’s Secretary of External Relations, has just announced that his country signed a landmark agreement with Argentina to create the Latin American and Caribbean Space Agency (ALCE, the abbreviation of its name in Spanish). This is one large step for Latin America… and perhaps an even larger step for Latin American […]
Satellogic launches Global Consortium of Geospatial Imagery with major institutions
Contxto – The Argentine satellite whizzes behind Satellogic recently launched their very own Global Consortium of Geospatial Imagery with major industry players dedicated to the advancement of observing the Earth with the latest satellite technology. Also read: Argentina’s Satellogic announces US$50 million in funding to shoot for the stars Within this consortium are the European […]
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 […]
Wheel the World joins Plug and Play Travel & Hospitality’s portfolio
Contxto – Previously featured on our Market Map for Latam startups serving people with disabilities, Wheel the World is making Contxto headlines once again following its inclusion into Plug and Play Travel & Hospitality’s portfolio, according to the accelerator’s LinkedIn. Also read: Wheel the World wins Tourism Tech Adventures competition in Chile Álvaro Silberstein and […]
3 science-based startups from Argentina each raise US$1.75 million
Contxto – Many of the investment rounds we cover here at Contxto involve a lot of the same stuff: consumer fintechs, proptech platforms, B2B lending startups… But every once in a while, a fund will pop up announcing funding for more out-of-the-box startups as is the case with the Center for Technological, Entrepreneurial, and Social […]
“Women investing” is no longer a wish in Mexico’s VC ecosystem, it is now a non-profit
Contxto – Mujeres Invirtiendo—a group dedicated to building a venture capital (VC) industry in which more women participate in investment decision-making—has formalized its operations by establishing itself as a non-profit in Mexico. Now, they have opened to the public a fundraising campaign through Donadora to cover expenses surrounding their efforts to establish themselves officially. That […]