Debuting Its Second Batch Of 18 Companies, 500 Startups Looks To Become The Most Active Seed Fund In Mexico | TechCrunch

Funding Rounds

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

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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