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Netflix to invest $1 billion in Mexico production over next 4 years

Fast Company Tech

The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in Mexico annually over the next four years. “It’s an industry that gives a lot of mileage to the economy,” Sheinbaum said.

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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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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). ” Parrot Software co-founders Roberto Cebrían and David Villarreal.

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Nuvocargo raises $20.5M at a $180M valuation to bolster trade between the US and Mexico

TechCrunch

Importers and exporters that need to move products between the United States and Mexico typically have to work with a number of different vendors to help with different pieces of that process. “A A truckload from Mexico to the U.S. will have to hire a trucking company in Mexico. Chhugani explained. Chhugani explained.

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South Africa’s Planet42 gets $30M for its car subscription service, Mexico expansion

TechCrunch

Planet42 has a cohesive network of automobile industry stakeholders on its platform. In Mexico, that number is 7 million. The company said it has bought its first cars for clients in Mexico. Autochek and Moove are other companies offering similar services in parts of sub-Saharan Africa. In South Africa, 1.1

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

TechCrunch

The company, which initially was hit as hard by regional responses to the COVID-19 pandemic as other businesses in the hospitality industry, has recovered to reach nearly 90% of total capacity on the 200 units it manages around Mexico City. “I wanted to define a product from a consumer angle,” said Barawid.

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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