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GM’s BrightDrop to expand commercial EV business to Mexico

TechCrunch

BrightDrop, GM’s commercial EV delivery business unit, announced Monday plans to expand sales of its flagship electric vans to Mexico. The first two products coming to Mexico are the BrightDrop Zevo 400 and BrightDrop Zevo 600, according to the company.

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In the race for tech talent, the US should look to Mexico

TechCrunch

Gustavo Parés is CEO of NDS Cognitive Labs , a leader in cognitive computing and AI business solutions. is the increasing focus on software as a service and broader digital transformations across industry sectors, which have accelerated due to the COVID-19 pandemic. The cost of higher education in Mexico is far less than in the U.S.,

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professionals

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UPDATE: Parrot Software has $2.1 million to grow its restaurant point-of-sale and management service in Mexico

TechCrunch

The two founders of Parrot Software , Roberto Cebrián and David Villarreal, first met in high school in Monterrey, Mexico. In the 11 years since, both have pursued successful careers in the tech industry and became family (they’re brothers-in-law). market certainly believe in the potential opportunity for a business like Toast.

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Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

TechCrunch

Super.mx , an insurtech startup based in Mexico City, has raised $7.2 Co-founded in 2019 by a trio of former insurance industry executives, Super.mx’s self-proclaimed mission is to design insurance for “the emerging Latin American middle class,” according to CEO Sebastian Villarreal. million in a Series A round led by ALLVP.

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Merging Airbnb and the traditional hotel model, Mexico City’s Casai raises $23 million to grow in Latin America

TechCrunch

With travel and tourism rising across Latin America, Casai , a startup combining Airbnb single unit rentals with hotel room amenities, has raised $23 million to expand its business across Latin America. “I wanted to define a product from a consumer angle,” said Barawid. “I wanted this to exist.”

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Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. The company currently has offices in Mexico, Chile, Colombia, and Uruguay. Nowports raises $5.3

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Aplazo takes in $27M to increase adoption of BNPL in Mexico

TechCrunch

Prior to Aplazo, Peña lived in New York and worked at Morgan Stanley investing in credit in Mexico, while Wieland had been launching businesses across Latin America after spending time at companies like Uber and Lime. However, credit penetration in Mexico is low, less than 10% , due to lack of trust in the banking system, he added.

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