Fresh news in Kalei News! 🤩 Your dose of innovation is awaiting

Welcome to the first edition of Kalei News in 2024! Explore Nilus's global recognition and crypto market trends. Dive into Moova's logistics revolution, TinyBytes' decade of innovation, and Someone Somewhere's sustainability commitment. Gain insights into impact investing and the Argentinian tech scene and explore Europe's AI ecosystem with StartupBlink. Your dose of innovation awaits – happy reading!

Portfolio News

Nilus wins the Grow@COP pitching competition, securing a coveted spot in the finals of the Founders Games organized by Webit.Foundation .This global startup competition, attracting over 4500 applicants, underscores Nilus's commitment to providing an effective solution to combat hunger on a scalable and financially sustainable level. The finals will take place in connection with the World Economic Forum. Read more.

As 2023 concludes, the cryptocurrency market experienced a notable turnaround, with Bitcoin surpassing $40,000 after struggling around $16,000 at the start of the year. Despite a challenging beginning due to the aftermath of the 2022 price drop and events like FTX's bankruptcy, the industry doubled its global market capitalization over the past twelve months. Manuel Beaudroit , CEO and co-founder of belo , acknowledges the positive year for the sector but highlights regulatory uncertainties at the local level, emphasizing the need for legal clarity in operations. Read more. 

Zapia, the AI-driven platform by BrainLogic AI , has introduced a groundbreaking feature—image interpretation and inquiry. Users can now snap photos of products, inquire about prices, and check local market availability, revolutionizing the way information is accessed on WhatsApp. The visionary roadmap for Zapia includes a comprehensive integration slated for the first quarter of 2024, connecting its virtual assistant seamlessly with business information. Read more. 

AgroForte Digital extends a helping hand by lending R$ 7 million (1.4M USD) to 70 producers supplying milk to UltraCheese in Brazil. The funds empower small producers to invest in genetics, pasture seeds, and animal nutrition, enhancing property infrastructure and increasing milk production. This dynamic and digital approach of AgroForte attracted UltraCheese, showcasing the effectiveness of the startup's business model. Read more. 

Tune in to Front Lines Podcast for an insightful conversation with Antonio Migliore , CEO of MOOVA . With over $18 million in funding, Moova is redefining last-mile logistics in Latin America. Tony shares his journey, lessons learned from fundraising, and the tech scene in Buenos Aires. Discover how Moova uses technology to bring logistics into the 21st century. Listen here. 

Someone Somewhere achieves Climate Neutral Certification, measuring, reducing, and compensating for all emissions. With a commitment to reduction targets and action plans, Someone Somewhere continues its journey towards carbon neutrality and sustainability. The certification was awarded by The Change Climate Project . Explore more. 

TinyBytes recently marked a significant milestone, commemorating its 10th-year anniversary since official company incorporation. The journey has been a testament to dedication and creativity, resulting in a lifetime gross revenue of $30M for the game Massive Warfare. Congratulations to TinyBytes on a decade of innovation, growth, and success! Here's to another ten years of extraordinary achievements! 🎉🎮

Kalei News

As consumer values shift toward ethical, social and environmental considerations, investors, using a holistic approach to data, seek to support innovation with impact. In this article, Leandro Pisaroni Gerbaldo in collaboration with UpLink - World Economic Forum lead innovator, Ady Beitler , co-founder and CEO of Nilus , explore the transformative power of data to drive meaningful impact. The article, published in the World Economic Forum , discusses why data is a key to ensuring that impact investing benefits everyone. Read more.

As the year concludes, the Fundación Incubadora de Empresas (FIDE) organized a Pitch Day in Córdoba to showcase entrepreneurial projects. Our Platform Manager, Natasha Ibarra (She/Ella) ,  joined the jury alongside industry and VC experts. The jury commended the powerful and scalable nature of the presented projects, highlighting their solid business models and high-quality products and services. Read more.

In 2023, the #MVP, a podcast produced by midlook became a pivotal platform for meaningful conversations and knowledge dissemination in the Córdoba ecosystem. Over 7 months and 26 episodes, it served as a nexus for entrepreneurs, investors, and influential figures. To culminate the year, an After Office Podcast featured a Conclave where industry leaders, including Kalei team, engaged in insightful discussions on AI, VC in Latam, and Diversity. Watch the full episode here. 

Ecosytem News

Women continue to be underrepresented in venture capital, a trend seen around the world. LAVCA 's latest report highlights the disparity, revealing that only about 11% of investment partners in U.S. venture capital firms are women. In an effort to amplify their presence and foster diversity and inclusivity within the venture capital ecosystem, LAVCA has released an updated list of Top Women Investing in Latin American Tech and the sixth annual list of Emerging Women Investors in the region. The report recognizes Rebeca Eun Young Hwang , showcasing the increasing influence of women in shaping the LATAM landscape. This year's lists represent a 2% and 37% increase, respectively, over 2022. View the complete list here.

Juan Santiago shares insights into the talent landscape in Argentina and the company's positioning in the global market. In this CEO meetup hosted by El Cronista , Juan highlights Argentina for its talent and emphasizes the need to nurture this talent, especially in a market where the country is desired for building teams and developing innovative solutions. Learn more  

Find out how the AI ecosystem is developing in Europe with StartupBlink 's latest report. London and Paris lead the way, while cities like Bucharest move up 28 places in the AI sector from their overall regional rankings. UK cities such as Cambridge and Bristol stand out in the top 10, and Oslo ranks notably boosted by Cognite, an AI startup valued at over a billion. Explore the full report for more insights on the StartupBlink website.

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