Weekly Tech Pulse
From Zulily Undergoing Another Ownership Change to BioEsol Getting $15 Million in Funding Round
US & International Startup & Tech News
Zulily Undergoes Another Ownership Change as Beyond Sells Majority Stake for $5M
E-commerce retailer Zulily is experiencing a change in ownership, with Beyond agreeing to sell its majority stake in the company for $5 million. The deal reflects ongoing shifts in the online retail landscape.
Source: GeekWire
New $5M Fund Aims to Lure Founders from Universities
A newly established $5 million fund seeks to attract university-based founders by providing early-stage capital and support. The initiative aims to bridge the gap between academic research and commercial startups. ​
Source: TechCrunch
Sironix Lands $3.5M to Fund Manufacturing of Its Coconut and Soy-Based Cleaning Ingredients
Sironix Renewables has secured $3.5 million in funding to scale the production of its eco-friendly cleaning ingredients derived from coconut and soy. The company focuses on sustainable alternatives in the cleaning products industry. ​
Source: GeekWire
Eli Lilly Has Stockpiled Nearly $550 Million of Its Next Obesity Drug
Pharmaceutical giant Eli Lilly has accumulated nearly $550 million worth of its upcoming obesity medication in anticipation of regulatory approval. The move underscores the company's confidence in the drug's market potential. ​
Source: Forbes
Pike Street Capital Raises $199M to Boost Water Flow Management Company Impel
Pike Street Capital has raised $199 million through a continuation fund to expand its investment in Impel, a provider of industrial fluid management systems. The funding will support Impel's growth and acquisition strategy.
Source: GeekWire
LATAM Startup & Tech News
Ualá Raises an Additional $66 Million with TelevisaUnivision
Ualá, the Argentine fintech, expanded its Series E funding round, securing an additional $66 million with participation from TelevisaUnivision, bringing the total raised to $366 million.
Source: Forbes Colombia
Mexico's BioEsol Gets $15 Million in Funding Round
Mexican startup BioEsol secured $15 million in a funding round led by CIRI Ventures to boost its energy storage solutions and expand its market presence.
Source: Latin Lawyer
Ilan Bajarlia Co-Founded Nocnoc, Raised $22 Million, and Now Capitalizes on the Trump and Milei Era
Ilan Bajarlia, co-founder of Nocnoc, raised $22 million to expand his cross-border e-commerce platform in Latin America, helping sellers access international markets.
Source: Forbes Ecuador
Summit Nanotech Corporation Closes $25.5M Funding Round to Accelerate Commercialization of Their Direct Lithium Extraction Technology
Summit Nanotech Corporation closed a $25.5 million funding round to accelerate the commercialization of its direct lithium extraction technology, improving efficiency and sustainability in lithium production.
Source: EFE Comunica
Microlender Tala Lands $150 Million Debt Facility to Expand Mexico Business
Fintech company Tala secured a $150 million credit line, facilitated by Neuberger Berman, to expand its microloan operations in Mexico, supporting small entrepreneurs and diversifying its lending products.
Source: Reuters
Opportunities with Us
Browse all available opportunities here!
TikTok Shop is Coming to Mexico
Mark your calendars! TikTok is launching its social commerce platform in Mexico on January 8 for select sellers, with full consumer access starting February 13.
After generating over $100 million in sales during Black Friday in the U.S., TikTok Shop presents a unique opportunity for creators and brands through affiliate marketing, short-form videos, and live shopping.
Can TikTok Shop compete with Mercado Libre and Amazon Mexico? We believe it has a strong chance. Join Ethan Kramer in Monterrey on February 8 for a masterclass on strategies from the U.S. launch that can help you succeed in Mexico.
Newsletter subscribers can get a 15% discount on tickets with the code "PULSE."
Special thanks to our sponsor:
Axented helps businesses design, build, and scale their products and teams worldwide.
With over 10 years of experience and a diverse portfolio of more than 300 projects delivered in over 15 countries, Axented has established itself as a trusted partner in the tech industry.
Renowned for its expertise and commitment to excellence, Axented provides innovative solutions to help businesses thrive in a digital world.
