Welcome to investment rounds of the week. Private equity has targeted Mexican startups in recent days, two of which are in the health sector: Tani Salud and Plenna, and which is a little-explored industry, but one that is seeing much growth. According to data from Pitchbook, healthtech investment in Latin America grew five-fold year-on-year in 2020 and totaled $99 million.
Some of the funds participating in such investment include First Check Ventures and 500 startups.
Cura Deuda
Mexican fintech Cura Deuda raised $1.3 million in a round led by private equity fund Magma Partners and Anteris, to provide financial counseling to Mexicans.
Tani Salud
Healtech Tani Salud raised $700,000 to expand its operations in the region. The platform connects patients requiring surgery, targeting the middle class.
The pre-seed round was led by Polymath Ventures, of which Tani Salud forms a part. First Check Ventures, 500 startups, and a group of angel investors including Roger Laughlin (co-founder of Kavak), Jesse Damstra (CEO of Philips Mexico) and high-ranking executives of Cornershop.
Pacto
Pacto, a Mexico City-based startup, raised $2 million in a financing round in which FEMSA Ventures, 500 Startups LATAM, Leap Global Partners, TnT Ventures, Hive Hatch, First Check Ventures and former partner of SV Angel, Kevin Carter, as well as angel investors with experience in the tech space. The platform focused on facilitating contactless orders and payments in real time in bars and restaurants will this month launch in other parts of Mexico and Latin America.
Plenna
The femtech Plenna, founded in 2020 by Mexican entrepreneurs Giovanna Abramo and Lorena Ostos, has announced the closing of seed round for $845,000, led by Brazilian private equity fund Canary. Also participating were the Latin American office of 500 Startups in addition to 11 angel investors, including in the health sector. Plenna is a digital platform for all-round health coverage for women, and which has also announced the opening of its first clinic in Mexico City.