Debuting Its Second Batch Of 18 Companies, 500 Startups Looks To Become The Most Active Seed Fund In Mexico | TechCrunch
Summary
500 Startups Mexico City announced its second accelerator batch of 18 companies, up from 10 in the first cohort, with each startup receiving $35K and entering a five-month program. The firm says it has made 35 investments in Mexico to date, positioning itself as the most active seed fund in the country. The new cohort spans 10 Mexican cities, includes two companies from outside Mexico, and covers payment, e-commerce, inventory and other software-focused startups. The program drew more than 250 applications and will incubate the companies at the accelerator's Mexico City offices.
Funding
Amount
$35.0K
Total raised
Date
May 30, 2013
Announcement date
Investors
Mexican.VC
Lead investors
Company
calzaclick.net
Funded company
Classifications
industries
Fintech & Banking
applications
AI & Machine learning
AskAI Classifications
Labels
Payment Processing Software
Fintech
API Products
Linked Companies
Conekta
$1M to $5M
Juvasoft Soluciones S.C.
up to $1M