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Canada´s Alacrity sets up in Mexico City to invest in local technology ventures
Source:Mexico IT From:Taiwan Trade Center, Mexico Update Time:2018/09/25
Canada´s

Canadian venture capital firm Alacrity has set up a base in Mexico City, announcing plans to invest US $541,200 into 12 technology startups over the next 3 years.

To start, the venture capital fund wants to invest in software as a service (SaaS) vendors, data analytics service providers and companies developing mobile apps, IoT solutions, customer management platforms and machine learning.

Alacrity is more a business accelerator than a venture capitalist. It grooms the startups it invests in by working as a partner and an incubator, training executives in business administration skills and connecting them to a vast network of companies it has allied with.

In the nine years since its founding, Alacrity has invested in more than 70 startups in countries around the globe, with offices in France, United Kingdom, India and Turkey.