Explore the Latest Innovations in LATAM with Kalei News 📰

Welcome to a new edition of Kalei News! Discover Enigma's breakthroughs in live event access, Mudafy's 4th anniversary, and Elery's healthcare innovations. Explore articles on tech's impact across industries, from AI's influence on work to blockchain in ticketing. Stay updated on Kalei's startup ecosystem and dive into innovation today! Don't miss out on the latest updates from Kalei and its vibrant ecosystem of startups, investments, and entrepreneurs. 

In 2023, Enigma.art achieved significant milestones with the launch of the Enigma Experience Wallet in April, boasting over 380,000 users and 560,000 Smart Tickets issued to date. Participating in more than 20 large-scale events and festivals in Argentina, Enigma reached more than 140,000 new users.  In addition, by implementing a loyalty program and new features like food purchases for festivals and exclusive experiences with artists, Enigma has consolidated its position as an industry leader. Looking forward to 2024, they promise even more innovations, including blockchain-based solutions for ticket resale and an enhanced version of Enigma Experience Wallet, which will offer an even more enriching experience for users.  Read more.

elery.co inaugurates a new state-of-the-art Surgical Institute in Monterrey, Mexico, under clinicasdelhombre.com. With a commitment to comprehensive male healthcare, it goes beyond conventional urological care, offering specialized services tailored to meet the unique needs of their patients. Elery currently operates 11 clinics across Mexico, providing expert care to over 15,000 patients who have consulted with their medical specialists. Additionaly, they recently achieved the prestigious "Wellbeing at Work Award Winner" recognition from PRO Network. Read more.

Seamless moving experiences are Mudango specialty. With over 17,000 homes facilitated, this trailblazing startup has transformed relocation challenges into a breeze. Meet Ignacio Navarrete , Co-founder and CPO, the visionary behind the scenes, leveraging his 18 personal moves to shape Mudango's future. Since 2017, Mudango has harmonized technology with logistics, perfecting the art of moving while expanding its impact across Chile, Colombia, and Mexico. Dive into Mudango's journey in this podcast.

Wibond is tackling the challenge of access to installment financing, which is pervasive across Latin America, limiting individuals' ability to make essential purchases without a credit card. This issue is particularly acute in Chile, where the practice of acquiring goods and services in installments is deeply ingrained. Over 60% of Chile's population faces barriers to credit card access, driven by stringent approval criteria, insufficient credit history, or personal choice. This significant portion of consumers is deprived of the benefits associated with installment purchases, crucial in a market where it is integral for acquiring durable goods and technology. Discover how Wibond is addressing this financial gap and offering an innovative solution to empower Chileans to make installment purchases without a credit card. Learn more at El Ecosistema Startup.

Someone Somewhere presents its Yearly Sustainable Report, emphasizing progress aligned with UN SDGs, particularly in gender equality and innovation. The report highlights  dedication to positive impact, featuring groundbreaking sustainable innovation for a greener future. Despite challenges, Someone Somewhere embraces resilience, expressing gratitude to the team and partners for instrumental support. Explore the full report.  

Wuru 's Magic Calendar has significantly streamlined surgical scheduling at Clinica Anglo Americana in Peru. Since its implementation in 2023, this AI-powered solution has reduced scheduling tasks, resulting in a notable 30% increase in the number of surgeries performed. Curious about the concrete benefits of AI in healthcare? Dive into the data-driven transformation in this article.

How does technology aid in ending hunger? Nilus champions this cause by making nutritious groceries more affordable for underserved communities. Offering products at 70-75% below market price, they're reshaping food accessibility. With operations in Mexico City, Buenos Aires, and soon Lima, their impact expands. Plus, with over 700 active Community Leaders, primarily low-income, stay-at-home mothers, Nilus empowers communities while tackling food insecurity. Explore their transformative work highlighted in this article highlighted by UpLink - World Economic Forum as Top Innovator. 

Mudafy celebrates its 4th anniversary, reflecting on a journey filled with overcoming challenges and reaching significant milestones. With heartfelt gratitude for the support of our community, partners, and investors, Mudafy looks ahead to further shaping and enriching the real estate landscape together. Watch this video.

AgroForte Digital has partnered with DeLaval and Scala to introduce innovative solutions in the dairy industry. This collaboration emphasizes sustainability and aims to enhance efficiency and quality in dairy production, reflecting a shared commitment to driving meaningful change and fostering innovation in agriculture. Read more about.

In a recent interview with El Economista México , Manuel Beaudroit from belo revealed how the company is leveraging new opportunities with freelancers and remote workers all across LATAM. How do they do it? By allowing freelancers to receive their earnings in foreign currency and withdraw them in local currency directly to their home country account. "We initially focused on offering a service for everyday use of cryptocurrencies. This year, we realized that the real catalysts for cryptocurrency adoption are the freelancers and remote workers, the digital professionals," shared Beaudroit. Delve deeper.

Introducing MIT REAP Guanajuato, an initiative spearheaded by Massachusetts Institute of Technology , Tecnológico de Monterrey , Instituto de Innovación, Ciencia y Emprendimiento para la Competitividad and Valle de la Mentefactura , aimed at fostering entrepreneurship and innovation in the Mexico region. At the recent event, attendees learned about MIT REAP - Regional Entrepreneurship Acceleration Program goals and heard from Rebeca Eun Young Hwang on "How AI Will Change Innovation Ecosystems," emphasizing the transformative potential of AI and the importance of embracing innovation for regional development. Let's continue supporting this innovation-driven transformation!

Juan Santiago participated in the "Outlook on the Americas Conference" by the Association of American Chambers of Commerce in Latin America (AACCLA) , where the AI League for Good was introduced. The initiative, including Rebeca Hwang as part of the advisory board, focuses on addressing the ethical, legal, and social implications of AI, promoting trust and responsible implementation. To explore the AI League for Good's assessment and blueprint, visit AI League for Good.

Leandro Pisaroni Gerbaldo , engages in conversation with Francisco García Osuna on a new episode of Levantando Podcast, our GP, taking us behind the scenes to reveal the fundamental principles guiding our investment. They discuss the inception of Kalei Ventures with a diverse perspective, share insights into our fundraising experience, and outline our plans for the next 5 years. We're dedicated to fostering high-impact entrepreneurship in Latam. Do you have 30 minutes? Listen to it on Spotify and YouTube.

The future of work is being shaped by the growing influence of AI. Job offers related to AI have doubled globally in the last two years, according to LinkedIn data, reflecting a 17% increase in applications for these positions. 89% of professionals are excited about AI's potential in the workplace, signaling a paradigm shift. AI is redefining key sectors like healthcare and finance, and impacting business-consumer interaction through tools like chatbots. Training in AI is crucial for the future workforce. Learn more in this article highlighting insights from global experts, including Rebeca Eun Young Hwang . 

The recent lawsuit filed by The New York Times against OpenAI and Microsoft sheds light on a complex intersection: copyright and generative AI. It raises critical questions about data sourcing and usage rights, which affect creators around the world. In an insightful article for Canal AR , Juan Santiago delves into the duality between the need for data for algorithm training and intellectual property rights over that data, raising fundamental questions about privacy, access to information, and fairness in the use of the technology. Discover the intricacies of data sourcing, usage rights, and ethical implications shaping the development of AI and gain deep insight into the changing landscape of the technology and its ethical dimensions. Read more. 

Despite pandemic challenges, Latin America's Software as a Service (SaaS) startup ecosystem has seen remarkable growth since 2017, as revealed by the State of SaaS LatAm 2024 report. Venture capital now fuels 69% of these startups, marking a 137% increase since 2017. Notably, although investment rounds slowed by 83% over the past three years, a record number of startups are accessing venture capital. The study, conducted by SaaSholic , with support from Amazon Web Services (AWS) and Cubo Makers Itaú attributes this growth partly to expanded funding from venture funds. Additionally, while the number of SaaS companies has risen, gross margins have remained steady at 70%-85%. The report also explores the role of artificial intelligence, indicating that while awareness is high, implementation remains nascent, with 36.8% of firms intending to launch AI services. Download the full report.

Explore the latest venture capital trends and predictions with Endeavor Catalyst . The 2022 report highlights a historic fundraising record of over $160 billion, followed by a more moderate year in 2023. However, significant shifts are evident, including a 77% drop in valuations for Series D+ rounds and a 60% decrease in round sizes. To learn more about these trends and their market impact, read the full report. Meanwhile, artificial intelligence continues to drive innovation. Looking ahead, 2024 promises transformative advancements, from the maturation of AI technologies to the resurgence of Latin America as a hotspot for investment. Dive deeper into these insights and predictions in the full report.

Amidst significant geopolitical changes worldwide, approximately 4 billion individuals are gearing up for elections in their respective countries. This presents a unique opportunity for the impact investing community to transcend political boundaries and demonstrate the industry's pivotal role in addressing global challenges. With notable successes, like the industry's $1 trillion market size and increasing interest from mainstream investors, GIIN CEO Amit Bouri emphasizes impact investing's potential to drive economic mobility, environmental sustainability, and social progress. As we navigate the uncertainties of 2024, let's amplify our investments' impact and strive for a more equitable world. Explore the latest insights on impact investing from The Global Impact Investing Network (GIIN) here. 

ChargeLink released a detailed report on salaries in Latin America, highlighting significant findings on compensation in startups across the region. According to the study, countries like Brazil, Panama, Chile, El Salvador, Mexico, Uruguay, and Costa Rica have the highest salaries for executive-level positions, while Argentina, Bolivia, Peru, Colombia, the Dominican Republic, and Ecuador show lower salaries in comparison. The report reveals that 49.9% of the compensation in these companies is in the form of payroll, 22.29% is based on fees, and 8.94% comes from parent companies in other countries. Discover more about this study, its analyses, and conclusions in this Bloomberg Línea article.

You've reached the final word, but innovation never ends.

Subscribe now and stay updated on all the news and trends from this ever-growing community!