The INCmty entrepreneurship festival, promoted by the Tecnológico de Monterrey, invites Mexican startups, as well as companies and entrepreneurs, to attend its tenth edition from November 15 to 17 at Cintermex, Monterrey, and boost their businesses .
Within the framework of the festival there will be activities that will detonate the high impact investing Therefore, national and international funds, venture capital funds, corporate ventures, family offices, angel investors, as well as founders of startups in seed stage and series A have been invited.
These are the funds that will be present and that will make investment announcements during the festival.
German Society for International Cooperation: GIZ
The German Society for International Cooperation: GIZ, is one of the institutions that has actively participated with INCmty in 2021 through the INC Tech & Social Impact Energy Challenge, which called for startups with innovative models that tackle climate change through through the use of alternative energies within the energy sector.
GIZ will make an investment announcement during the entrepreneurship festival
Daikin Industries
Daikin, a leading Japanese company in air conditioning, and INCmty, have strengthened ties since the beginning of this 2022 to seek to trigger opportunities within the HVAC (heating, ventilation and air conditioning) industry towards the entrepreneurial community of Latin America through the INCmty DisruptAir Challenge 2022; challenge with which it sought to attract 47 Projects with Minimum Viable Product (MVP) and Startups in pre-seed and seed stages that are transforming the HVAC industry.
Daikin will also make an investment announcement
Alaya Capital
It is a Venture Capital fund of entrepreneurs for entrepreneurs. Located in Chile, it is about to raise its third fund, in which they hope to reach 80 million dollars with the plan to invest approximately 1 million dollars in at least 25 startups that are in the regional scaling stage.
In their first fund of 1 million dollars they invested in seven companies, which had four successes and multiplied by two. They have invested in companies like Betterfly, Lemon and SixClovers.
feat ventures
It is the capital fund with 50 million dollars backed by Grupo Proeza, seeking to invest in 15 startups related to mobility issues. Its mission is to discover and invest in visionary entrepreneurs building startups that are transforming the mobility industry and partnering to create a more sustainable world.
billioneurons
It is a Venture Capital firm that supports ESG Fintech and Supply Chain seed startups expanding into Latam, and recently announced a seed investment in Brioagro, the Spain-based Agtech startup.
99 startups
It is a venture capital that seeks to finance pre-seed and seed stage Fintech and Logistics startups in Latin America. Recently, it announced its participation in a pre-seed investment round for 1.1 million dollars in Cuéntame, a platform that works with artificial intelligence and provides the right well-being resource for each person, and three family members, according to their level of stress and moment of life, with this they will seek to consolidate their presence in Mexico, Colombia and Chile. Investment funds Impacta VC participated in this round as lead investor, Colectivo Jaguara, 99 Startups, Fondation Botnar & New Ventures, Pareto20 and Investo.
Free Market Fund
Mercado Libre Fund invests in technology companies, typically in Series A and B rounds, that directly or indirectly democratize trade and financial services in Latin America.
Mercado Libre Fund has made 37 investments, most recently $20 million in Elenas, its most notable successes include Sirena, Mandaê and Glamit.
Nekko Capital
It is a venture capital fund based in Barcelona aimed at companies in the initial stage, announced this 2022 its fund Seed Capital Fund with which it raised a total of 10 million dollars.
All these are some of the funds that will be at INCmty from November 15 to 17 in Cintermex, Monterrey. If you want to attend the festival, buy your ticket on its official website.
Startups and investors telling their stories: Founders & Investors Summit
In addition, the Founders & Investors Summit will be held, an alternative event within the framework of the INCmty Festival that will convene investors and startups on November 15 and 16, who will tell their investment story and how they are positively impacting society.
“Today it is not enough to invest, but rather that what is invested has a positive impact on the planet or problems that humanity faces.”, commented Ivonne Padilla Delgado, Leader of Strategic Alliances at INCmty.
The content axes of the Founders & Investors Summit are: Sustainable Growth, Impact Research and Financial Inclusion.
Promising startups and unicorns, gathered in this unique event
Likewise, Latin American unicorns and promising startups in the market will meet as part of the INCmty festival agenda as well as the Founders & Investors Summit to share their experiences and failures, how they have gotten to where they are and what’s next in the coming years.
Orchata
The Mexican startup Orchata, led by its founder Luis Mario García, offers the promise of immediate home deliveries of products from stores and supermarkets, and to start its expansion it raised 4 million dollars in an initial round where Y Combinator stood out as investors, JAM Fund, FJ Labs, Venture Friends, Ivesto and Foundation Capital.
Cali
Calii is a Mexican startup that connects fruit and vegetable growers directly with homes, restaurants, and retailers. This startup, together with Dalus Capital Fund II, an international Venture Capital fund focused on founders who create leading companies in the market and generate positive changes through technology, lead an investment of 22.5 million dollars.
SparkCognition
The world leader in artificial intelligence technology for industrial applications, SparkCognition, has had investment rounds in series C and D. Dalus Capital participated as a partner of March Capital, announcing in 2019 the closing of a Series C round of 100 million Dollars.
SparkCognition develops AI technology for industrial applications, revolutionizing the way industries like oil and gas, aviation, and financial services manage critical functions like efficiency and safety.
Since its inception in 2013, SparkCognition is now one of the most valuable startups in Texas and one of the most valuable AI startups in the United States.
In January 2022, the company announced the closing of 123 million through a D round, led by funds such as March Capital, Doha Venture Capital, B. Riley Venture Capital, AEI Horizon X, Temasek, Alan Howard and Peter Löscher.
In addition to reaching a unicorn valuation of over $1.4 billion, bringing the total capital raised to $300 million.
SparkCognition will join us at the Startup & Trade Show during the INCmty festival.
autolab
Autolab, the leading auto parts and repair platform in Latin America, has raised $6.5 million in a Seed+ equity and debt round led by Bullpen Capital, with the participation of Proeza Ventures, VU Venture Partners, 10X Capital, Western Tech Investments, and Polymath Ventures.
Autolab is currently the largest auto repair shop chain in Colombia and has already impacted more than 70 auto repair shops through its business model designed to provide a best-in-class experience and drastically improve profitability, up to a 700+% increase in earnings.
Nowports
Another of the companies that will be at the INCmty festival will be the royal company, recently announced as the first LogiTech unicorn in Latin America, Nowports.
Led by Alfonso de los Ríos and Maximiliano Casal, Nowports has become the first LogiTech unicorn in Latin America, with a valuation of 1.1 billion dollars.
The milestone of reaching Series C was led by the SoftBank Latin America Fund, which has also supported Latin American unicorns such as Bitso, Incode, and Kavak.
With this round, the royal startup has cataloged Monterrey, Nuevo León, as one of the main cities that promote entrepreneurship and economic development in Mexico.
betterfly
Considered the first Latin American social unicorn, Betterfly recently raised 125 million dollars in a series C investment round, being valued at 1,000 million dollars.
What is interesting about this company is the social and environmental impact it represents, since its objective is to link up with companies with the mission of improving the quality of life of their employees through healthy habits in exchange for a financial reward and social impact.
Eduardo della Maggiora, Founder and Director of Betterfly will be at INCmty.
Don’t miss this opportunity and attend INCmty!
Buy your ticket and learn more about the activities of this entrepreneurship festival at: https://www.incmty.com/festival.
INCmty of the Tec de Monterrey The INCmty is the entrepreneurship festival where investors, entrepreneurs, innovators and creators of great ideas meet.