Weekly Tech Pulse
From Next-Gen Battery Safety to AI-Driven Legal Tech and Fintech Breakthroughs
US & International Startup & Tech News
Viridi Parente: Building Safety into Energy Storage
Viridi Parente, an energy storage startup, is revolutionizing lithium-ion battery safety with its innovative fire suppression technology, making it safer for various applications, including residential and commercial use. The company's fail-safe battery packs provide a cleaner, safer alternative to diesel generators, positioning Viridi Parente to capitalize on the rapidly growing energy storage market. With strong financial backing and a commitment to community impact, Viridi is well-positioned for significant growth in the renewable energy sector.
Ex-Microsoft engineers raise $25M for legal tech startup that uses AI to help lawyers analyze data
Supio, a Seattle-based legal tech startup founded by former Microsoft engineers, raised $25 million in Series A funding to enhance its AI-driven platform that helps lawyers efficiently organize and retrieve case-related data. The company, focusing on personal injury and mass tort cases, automates time-consuming tasks, enabling quicker identification of critical information, as demonstrated in a recent successful case against Abbott Labs. Supio plans to double its 27-person team and competes with other AI-focused legal tech startups in streamlining legal processes.
Vendra - AI vendor and project management for hardware teams
Hardware engineers often waste time on vendor communications and non-engineering tasks, as traditional project management tools don't fit well with their needs. Vendra offers an AI-powered solution that integrates seamlessly with existing workflows, automating information management and providing smart project management for hardware teams. By simply connecting to their existing communication platforms, Vendra streamlines collaboration and keeps critical information easily accessible, enhancing efficiency and reducing delays.
Born from San Francisco’s AI hackathons, Agency lets you see what your AI agents do
After a long week of coding, San Francisco's technologists often dive into AI hackathons instead of traditional leisure activities. These events have fueled the rise of startups like Agency, which evolved from building AI agents to creating the AgentOps platform—a tool to monitor and manage AI agents, now used by thousands of teams and backed by $2.6 million in funding.
LATAM Startup & Tech News
Finsus buys Pulpi to provide payroll credit
Finsus has acquired Pulpi, a startup specialized in payroll loans, strengthening its ability to offer innovative financial solutions in the market. Since 2019, Pulpi has granted more than 98,000 loans, totaling nearly 234 million pesos.
Magie raised $5.1M in seed round led by Lux Capital
Magie, a Brazilian fintech, has raised $5.1 million in a seed funding round led by Lux Capital. The funds will be used to acquire new customers, strengthen its security infrastructure, and implement new features such as facial recognition. Since its launch in 2024, Magie has facilitated financial transactions through WhatsApp, already serving over 12,000 customers.
Mercately raises $2.6 million with support from Techstars and Meta
Mercately, a Latin American tech startup, has successfully raised $2.6 million in a seed funding round led by Inventus Capital Partners and SVQuad. The company enables sales through WhatsApp, a platform widely used in the region for shopping, and with this new investment, Mercately plans to expand its AI engineering team and strengthen its presence in Brazil and the U.S.
Fintech Ábaco expands after investment of US$4 million
The fintech Ábaco has closed a pre-seed funding round of $4 million to expand its range of financial products. The participating investors include Caricaco Ventures, Cacao Capital, and Mercy Corps Ventures, among others. Ábaco focuses on efficiently providing credit to SMEs in the region through a fully digital process that enables real-time approvals.
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