MassChallenge

Climatenza is a solar thermal company established in 2018 and headquartered in Santiago, Chile. It specializes in innovative technology solutions aimed at sustainable energy practices. The company develops and implements concentrating solar thermal technologies to generate high-value energy for utilities and provide heat for industrial applications. In addition to its focus on energy generation, Climatenza offers renewable energy consulting services, including feasibility studies and strategy development for integrating photovoltaic systems. Through its efforts, the company aims to contribute to climate change mitigation and support the development of local communities by facilitating the transition to clean energy sources.

Pro Indie Music is a company that empowers independent artists by providing a comprehensive mobile app solution. It offers tailored opportunities and services, including industry insights, business guidance, and data-driven tools to facilitate rapid growth. The platform also caters to labels and managers, offering an end-to-end artist development solution powered by artificial intelligence. With a subscription-based model, Pro Indie Music operates in a $20.2 billion USD market, achieving a remarkable annual growth rate of 180% since its launch in April 2021. The company serves customers from various Latin American countries, including Mexico, Colombia, Guatemala, Chile, and Peru.

We create healthy and sustainable solutions for the world based on insects. A very nutritive and eco friendly food source. Currently we are using about 50% of the habitable land for agriculture and the livestock industry is the major contributor to CO2 emisions, but In just 30 years the amount of food available will not be enough for the world`s population. By making healthy, and tasty products from insect powder such as flour for bread, cake mix, and even protein shakes, we are able to reduce the amount of livestock usage and also provide a sustainable and scalable solution. Our business model is based on 3 keypoints: >Mass and Standarized Production which is possible using our insect incubator (which is patent pending) >Sustainable and efficient Production since Costa Rica has the perfect weather conditions, >And our Partner Program to provide jobs and income to the poorest sectors of Costa Rican society. Our partner program is supported by BID Lab and Fundecooperación who are helping us deliver the program on a national scale. Costa Rica Insect Company and we Save the World Eating Bugs!

Thermy is a healthcare technology company focused on addressing late-stage breast cancer diagnoses, particularly in Mexico, Latin America, and the Caribbean. The company has developed an AI-powered infrared imaging device that offers a comfortable and radiation-free alternative to traditional mammograms, promoting early detection and potentially improving survival rates. Thermy's platform is designed to be accessible on both mobile and desktop devices, allowing doctors to utilize infrared cameras to assess patients' likelihood of having breast cancer. By targeting underserved communities, Thermy aims to reduce mortality rates associated with delayed breast cancer detection.

Michroma Corporation is a biotechnology company that specializes in producing natural thermostable colorants derived from filamentous fungi for the food and cosmetics industries. Founded in 2019, the company operates from locations in San Francisco, California, and Rosario, Argentina. By leveraging synthetic biology, Michroma develops proprietary fungal strains that can be cultivated in bioreactors, allowing for the sustainable and cost-effective production of high-performance ingredients. Its initial offerings focus on pH-stable and heat-stable colorants, which are designed to replace synthetic pigments and those sourced from animals and plants. In addition to colorants, Michroma is also engaged in the production of mycoprotein and other innovative ingredients, collaborating with leading companies in the food and beverage and cosmetic sectors.

ClearLeaf is a company specializing in the development of non-toxic agricultural solutions, utilizing patent-pending technology that is organic certified in the EU and Japan. The firm offers a range of environmentally friendly fungicides and bactericides designed for various crops, including coffee, bananas, pineapples, and several vegetables. ClearLeaf's flagship product, GotaBlanca®, is currently sold in Costa Rica, with plans for expansion into Central America. The company has secured an exclusive commercial agreement with Colono Agropecuario, the largest agrochemical distributor in the region, enabling it to significantly increase sales since entering the market. ClearLeaf's mission is to provide sustainable alternatives to conventional agrochemicals, promoting environmental health and worker safety on farms while supporting farmers in achieving greater efficiency and productivity.

Aequales is a leading Latin American consultancy specializing in corporate gender equality and diversity. It leverages data from over 2,000 companies to drive organizational transformation, promoting equal opportunities and working conditions for men and women. With over a decade of experience, Aequales has worked with over 300 companies across 13 countries, offering services such as diagnosis, measurement, consulting, training, and awareness programs to foster inclusive workplaces.

Parnity Partnership Community Serviços de Internet Ltda is a Brazilian company founded in 2019 and based in Nova Lima. It operates a collaborative platform tailored for the freight forwarding community, facilitating connections among freight forwarding companies worldwide. The platform enables freight forwarders to identify and select partners, manage partnerships, and enhance their business processes through data-driven insights. Additionally, Parnity's solution allows for seamless communication and the secure handling of international payments related to freight costs. By streamlining these processes, Parnity empowers freight forwarders to establish comprehensive logistics solutions for their clients.

Social food marketplace and e-commerce that enables all food creators in LATAM to own their food business. Vende, envía, gestiona, programa, publica y compra todo en un solo lugar. "Etsy for food". We improve how food is moved, consumed and enjoyed around the world.

ElegirSeguro.com is an insurance platform based in Buenos Aires, Argentina, founded in 2017, that offers specialized insurance advice and policy management for small and medium-sized enterprises. The platform enables businesses to understand, acquire, and manage various insurance policies tailored to their needs. It serves a diverse range of industries, including manufacturing, construction, hospitality, logistics, distribution, and retail. By utilizing multiple channels for communication, ElegirSeguro.com aims to streamline the insurance process and provide comprehensive support to its clients in navigating the complexities of commercial insurance.

Yu-Track is a technology company specializing in field sales force automation software for collection teams. Its platform provides real-time visibility into team activities and performance using artificial intelligence, helping businesses improve their indicators and customer engagement. The company caters to various industries such as banking, retail, insurance, and collection agencies across Chile, Peru, Colombia, and Mexico.

IMIX Consulting S.A.S specializes in creating inclusive digital ecosystems focused on financial inclusion. Based in Bogotá, Colombia, with additional offices in Quito, Ecuador; Lima, Peru; and San José, Costa Rica, the company offers a digital platform that transforms transactional processes and connects physical and digital channels. This platform provides a comprehensive portfolio of financial services, linking individuals and businesses while enabling financial and microfinance institutions to enhance their service offerings. IMIX Consulting also delivers consulting and digital payment services, facilitating the interconnection of payment and credit solutions for its clients.

Video.Bot is a technology company based in Sao Paulo, Brazil, founded in 2010. It specializes in creating video-based bots that engage users through one-on-one interactive conversations. These bots use rich visuals and a playful approach to explain complex subjects, making them suitable for educational or informational purposes. The platform personalizes storytelling by utilizing real user data at scale, enabling applications such as customer onboarding, product explanations, cross-selling, upselling, and migrating customer care to digital channels. Video.Bot's innovative use of video enhances engagement and simplifies the understanding of intricate subjects, benefiting educational institutions, online learning platforms, businesses, and organizations.

Video.Bot is a technology company based in Sao Paulo, Brazil, founded in 2010. It specializes in creating video-based bots that engage users through one-on-one interactive conversations. These bots use rich visuals and a playful approach to explain complex subjects, making them suitable for educational or informational purposes. The platform personalizes storytelling by utilizing real user data at scale, enabling applications such as customer onboarding, product explanations, cross-selling, upselling, and migrating customer care to digital channels. Video.Bot's innovative use of video enhances engagement and simplifies the understanding of intricate subjects, benefiting educational institutions, online learning platforms, businesses, and organizations.

Wimet SAS operates an online platform for renting a variety of spaces, including venues for meetings, events, and productions. Founded in 2017 and based in Vicente López, Argentina, the company caters to diverse needs such as workshops, cocktails, and pop-up stores. Wimet enables hosts to publish their available spaces and manage bookings effectively through its platform. In addition to facilitating space rentals, Wimet provides support services to hosts, ensuring a seamless experience for both space providers and renters. The platform emphasizes flexibility, allowing clients to discover and book curated, on-demand spaces that meet their specific requirements.

Lup Colombia design and market recycle glass waste into silicon fertilizers.

LikeU is a Colombian company founded in 2015, with an additional office in Mexico City, that operates an online portal connecting corporate clients with part-time telecommuters. The platform specializes in staffing services and offers opportunities for well-paid part-time jobs, particularly targeting women and persons with disabilities. In addition to connecting clients with telecommuters, LikeU provides online training and skills certifications to enhance the employability of its workforce. The company also supports local businesses through customer service, business development services, and sales support, contributing to the business process outsourcing industry.

BASF, established in 1865, is the world's largest chemical company, operating globally with a top-three market position in approximately 70% of its businesses. Its portfolio spans the full chemical spectrum, from commodities to specialties, including agricultural chemicals and emissions control catalysts. BASF Venture Capital, founded in 2001, is the company's corporate venture capital arm. It invests worldwide in promising startups and funds relevant to BASF's current and future business fields, focusing on innovations in chemistry, new materials, sustainability, digitization, and new business models. The firm supports its portfolio companies by leveraging BASF's global research, partnership, and customer networks. BASF Venture Capital is headquartered in Ludwigshafen, Germany, with additional offices in San Francisco, Boston, Shanghai, Sao Paulo, and Tel Aviv.

Eduemplea is a training center focused on providing education and skills development for employment in South America. The company offers innovative and relevant training programs designed to address the challenges of a competitive job market. Its services include the analysis of current employment situations, the design and implementation of tailored training centers, and support for employee selection processes. By enhancing productivity and competitiveness, Eduemplea aims to empower individuals with essential professional and personal development skills, ultimately fostering their growth in the workforce.

Innpactia is an asset-management platform focused on purpose-driven investments in Latin America. It connects high-impact projects with various private market investment vehicles, facilitating both financial returns and social and environmental impact. The platform allows investors to identify suitable investment opportunities and monitor their portfolios effectively. Under the leadership of founder Juan Lozano, a seasoned social entrepreneur with over 15 years in impact finance, Innpactia has experienced significant growth, reporting a 121% increase in assets under management and a 180% rise in transactions year-over-year. The company is currently raising a Seed round to enhance investments from North America and Europe, aiming to generate over $2.5 million in revenue by 2026 and achieve $30 million in assets under management, within a market anticipated to reach $510 billion by 2027. Additionally, Innpactia's web application provides users with access to various funding opportunities, including grants and scholarships, all available in Spanish, thereby streamlining the search for resources aimed at sustainable development.

Clupp is an insurance provider focused on offering affordable coverage for low-risk drivers in Latin America. By targeting individuals who drive infrequently and demonstrate good driving habits, the company aims to serve approximately 15% of the population, representing a significant market opportunity. Clupp utilizes smartphone-based telematics to assess driving behavior, eliminating the need for additional hardware. Their offerings include insurance for cars, motorcycles, bicycles, and even skateboards, ensuring that customers receive tailored coverage based on their monthly mileage. Through this approach, Clupp provides accessible insurance solutions for users who drive less and prioritize safety.

Pronto is a rapidly expanding marketplace that offers ride-sharing and delivery services specifically targeting second-tier cities in Latin America. Established in 2017 by founders Miguel Cano, Gabriel Cano, and Nydia Cano, Pronto utilizes a unique subscription model for drivers, eliminating commission fees and facilitating a more equitable income structure. The platform connects private drivers with passengers, delivery personnel, and local businesses, allowing for cost-effective transportation solutions. This approach not only benefits drivers by providing them with fair compensation but also offers passengers more affordable fares. Pronto has garnered support from Y Combinator and various global venture capital funds, positioning it for continued growth in the competitive mobility sector.

Brands Of Holding Inc. is a holding company that operates an e-commerce marketplace, enabling brands to sell a variety of products, including apparel, accessories, lifestyle items, and personal care products. Founded in 2015 and headquartered in San Juan, Puerto Rico, the company serves markets in Latin America, including Nicaragua, Argentina, and Mexico. Brands Of provides local entrepreneurs with essential digital tools for exporting their products and enhancing their brand visibility. Through its platform, the company offers digital marketing services, consulting, and business intelligence, effectively targeting consumers both locally and within the diaspora of their home countries, particularly US Hispanics.

OffGridBox is a company that specializes in delivering renewable energy and clean water solutions to remote areas and developing countries through its innovative OffGridBox™ system. This modular unit, housed within a compact 6x6x6 feet shipping container, is equipped with the necessary technology to generate electricity and purify water. OffGridBox aims to address the needs of over 2 billion people who lack access to reliable energy and clean water. Each unit can serve approximately 300 families, potentially impacting around 1,500 individuals, and is often managed by local cooperatives, such as women-led organizations in Rwanda. The company has successfully deployed 38 units across nine countries, including Italy, South Africa, Rwanda, Nigeria, the Philippines, Madagascar, the United States, and Colombia, serving various sectors such as humanitarian efforts, household retail, and industrial services. To date, these units have accumulated over 400,000 working hours, demonstrating their effectiveness and sustainability.

Airstrument provides a motion-tracking wearable device that offers gamified feedback for rehabilitation and assistive purposes. It is currently testing the device as a musical and gamified platform for hand rehabilitation in collaboration with hospitals and NGOs in Israel, India, and Costa Rica.

MakerHealth is a health network focused on democratizing the tools and processes for health technology innovation. Originating from the MIT Little Devices Lab in 2008, the company has evolved from its academic roots to actively engage with frontline medical staff, empowering them to transition from healthcare providers to innovators. Through initiatives like the MakerNurse project, MakerHealth fosters a community of health makers who design and fabricate their own medical devices, enhancing patient care in diverse settings. The organization provides resources, tools, and educational opportunities that enable individuals to experiment and develop new skills in health technology fabrication. By creating environments such as MakerHealth Spaces and offering prototyping kits, the company supports the development of healthcare products that are both accessible and effective, ultimately striving to make health technology more affordable and user-driven. MakerHealth believes in the potential of everyone to contribute to medical innovation, ensuring that the tools for healing are within reach of those who need them most.

Amelior Technologies is a company focused on developing innovative solutions to address social challenges in communities worldwide. It specializes in designing and manufacturing devices tailored to meet specific local needs, thereby maximizing social impact. One of its key products is a larvicide dispenser device that effectively dispenses larvicide into water containers, helping to keep residential water tanks free from mosquito larvae. This device is engineered to deliver the optimal concentration of larvicide with minimal human intervention, empowering communities in South America to combat mosquito-borne illnesses. Through its targeted technological advancements, Amelior Technologies aims to improve public health and enhance quality of life in affected regions.

Precision Vine SARL is a company specializing in aerial decision support tailored for the wine industry, established in 2016 and based in Yverdon-les-Bains, Switzerland. The company collaborates with vineyard growers and winemakers to collect and analyze remote sensing data, which is then integrated into customized management plans. Precision Vine offers high-resolution hyper and multispectral aerial imaging along with vineyard-specific data services. These services help clients address various aspects of vineyard management, including heterogeneity, vine balance, irrigation systems, harvest planning, disease mapping, and nutritional needs. With a vast network of drone operators, Precision Vine currently provides its services across several countries, including the United States, France, Italy, Spain, Argentina, and Australia, all aimed at enhancing wine quality and operational efficiency.

FONDIFY is a crowdfunding company focused on fostering entrepreneurial and social projects within the LATAM region. The company provides a platform that connects entrepreneurs, artists, and philanthropists with supporters who are passionate about their visions. By addressing the challenges posed by traditional funding sources, such as banks and government entities, FONDIFY empowers creative startups and artists to raise the necessary funds for their initiatives. This approach not only promotes individual projects but also contributes to the development of a more prosperous society.

Piktia is a mobile app where users can choose their favorite photos from their phone or social media, to create prints and photo albums in seconds and get them delivered at their doorstep. Taking photos and sharing them with friends and family has never been easier, thanks to Smartphones, trillions of photographs are created every day, and many of them have the possibility to become printed pictures. Today’s photo printing solutions are expensive, inefficient and hard to use. Users in Latin America have to spend over 90 minutes in average to print their photos. With Piktia they can do it in just seconds and get their pictures delivered at home.

Backstartup is a pioneering company in Latin America focused on transforming how small businesses manage their accounting and finances. The company offers a Software-as-a-Service (SwaS) platform that replaces traditional accountants by providing monthly reports, tax filings, and financial statements through an online interface. Backstartup leverages accounting automation bots and bank integrations to eliminate manual tasks and reduce human errors. Additionally, the company assigns each customer a virtual administrative support team to ensure comprehensive service. By moving traditional offline behaviors to a fully online experience, Backstartup helps small businesses streamline their financial management processes, allowing them to concentrate on core activities while maintaining productivity.

Piktia is a mobile app where users can choose their favorite photos from their phone or social media, to create prints and photo albums in seconds and get them delivered at their doorstep. Taking photos and sharing them with friends and family has never been easier, thanks to Smartphones, trillions of photographs are created every day, and many of them have the possibility to become printed pictures. Today’s photo printing solutions are expensive, inefficient and hard to use. Users in Latin America have to spend over 90 minutes in average to print their photos. With Piktia they can do it in just seconds and get their pictures delivered at home.

Backstartup is a pioneering company in Latin America focused on transforming how small businesses manage their accounting and finances. The company offers a Software-as-a-Service (SwaS) platform that replaces traditional accountants by providing monthly reports, tax filings, and financial statements through an online interface. Backstartup leverages accounting automation bots and bank integrations to eliminate manual tasks and reduce human errors. Additionally, the company assigns each customer a virtual administrative support team to ensure comprehensive service. By moving traditional offline behaviors to a fully online experience, Backstartup helps small businesses streamline their financial management processes, allowing them to concentrate on core activities while maintaining productivity.

Castellano Ethnic Origins specializes in the design and production of handbags, backpacks, and friendship bracelets that are handmade by indigenous women in Colombia. The company focuses on supporting and preserving traditional hand craftsmanship, enhancing the skills of local artisans while celebrating the rich heritage of lesser-known tribes. Its products are positioned as unique luxury items that emphasize transparency in their creation, allowing consumers to connect with the cultural significance behind each piece. Additionally, Castellano Ethnic Origins is committed to social responsibility, with a portion of the proceeds from each sale directed towards providing water provisions for indigenous communities.

Gus is a Mexican company specializing in the development and licensing of advanced chatbots tailored for the Spanish-speaking market. Founded in 2015, Gus began as a personal assistant chatbot, enabling users to inquire about various topics. Recognizing the potential for broader applications, the company transitioned towards creating a robust technological product designed to automate operations for businesses. This pivot allowed Gus to license its technology, providing organizations with tools to enhance customer interaction at scale. By optimizing conversation flows, Gus's chatbots help businesses improve customer experience, increase loyalty, and drive revenue through effective messaging strategies. With its headquarters in Mexico, Gus is expanding its presence in Spain and Latin America, aiming to lead in user experience, technology, and innovation in the chatbot industry.

Bitso is a cryptocurrency exchange platform founded in 2014 and headquartered in Mexico City, Mexico. The company specializes in facilitating the buying and selling of bitcoin and other cryptocurrencies, providing users with a marketplace where they can trade fractions of various digital assets. Bitso's platform is designed for ease of use, allowing customers to conduct transactions and make payments via mobile devices. By focusing on the fintech and blockchain sectors, Bitso aims to enhance accessibility to cryptocurrency trading for users in Mexico and beyond.

Bioin Soluciones is an authorized distributor for Colombia of Masimo products. Billions of people lack access to surgery that is safe, the burden of surgical diseases would eclipse that of HIV, tuberculosis, and malaria by the year 2026 in low and middle income countries. Ativa is a safer anesthesia machine that deliver the exact dose of anesthesia that your body needs. This means that patients and anesthesiologist can feel SAFE and Healtcare Institution can SAVE.

Bayonet Technologies, Inc., established in 2016 and headquartered in Camden, Delaware, specializes in designing and developing reputation system software. It provides software solutions that visualize user reputation and assess risk, primarily serving banks, payment processors, financial institutions, and lenders. The company's unique approach to machine learning enables it to calibrate decision models with significantly less historical data compared to traditional methods, making it an efficient solution for fraud detection and low acceptance rate challenges, particularly in the e-commerce sector.

Quiro is a company based in Caracas, Venezuela, that specializes in enhancing medical education through innovative technology. Founded in 2013, Quiro develops surgery simulation video games designed to provide practical training on mobile devices. The company's platform offers an engaging and portable way for medical students to access interactive medical training, making high-quality education more affordable and accessible worldwide.

Colibrí accelerates the transition to renewable energy and increases the purchasing power of Nicaraguan families. Hummingbird is catalyzing the transition to clean energy and unlocking the purchasing power of Nicaraguan households.

Acsendo SAS is a Colombian company based in Bogotá that specializes in developing subscription-based talent management software solutions. The platform assists organizations in evaluating employee performance and driving engagement by providing tools for goals and competencies management, as well as creating individual development plans. Acsendo’s software enables companies to categorize employee roles, responsibilities, key performance indicators, and competencies, facilitating a metrics-driven environment that enhances the employee review and evaluation process. By aligning corporate goals with individual objectives, the platform promotes employee satisfaction and retention, while helping employers optimize their workforce to meet business needs. Its services are utilized by various sectors, including industrial and service clients, consultants, and government entities across Colombia, Chile, Peru, and Mexico.

Zalvadora operates as a prominent online platform dedicated to providing a comprehensive cloud-based education ecosystem for Spain and Latin America. The company collaborates directly with professors, content creators, and small to medium higher education institutions, facilitating the development and distribution of various types of courses. By sharing up to 70% of sales with educators and institutions, Zalvadora fosters a collaborative environment that enhances access to knowledge and promotes virtual learning opportunities. This approach empowers businesses to elevate their workforce through tailored educational solutions, thereby strengthening the overall educational landscape in the region.

Aentropico is a Brazilian company that develops a predictive analytics platform aimed at empowering managers in mid to large enterprises to make informed decisions. The platform combines user-friendly design with advanced applied statistics, enabling non-technical users to leverage complex algorithms effectively. Aentropico has created a marketplace of solutions tailored to specific industry challenges, addressing the increasing demand for Big Data insights in the Latin American market. The company has conducted paid pilot projects in Colombia and Mexico, focusing on various sectors, and is transitioning towards a model that supports recurring billing through its beta platform.

Ubidots is a cloud-based Internet of Things (IoT) platform that offers solutions for connected hardware and software to facilitate the remote monitoring, control, and automation of processes, primarily serving clients in healthcare, energy, manufacturing, transportation, and retail sectors. Founded in 2012 and transitioning into a global product-oriented startup in 2014, Ubidots provides a platform that enables users to collect, analyze, and visualize sensor or digital data through customizable dashboards and device libraries. Renowned for its affordability and reliability, Ubidots has distinguished itself in a competitive IoT ecosystem by focusing on practical, hands-on experience, which has enhanced its understanding of digital transformation. The company has gained recognition among system integrators and original equipment manufacturers for its user-friendly approach to developing custom business applications in the IoT space.

Seeding Labs is an organization dedicated to advancing scientific research in developing countries by providing essential resources such as laboratory equipment, training, and international collaboration opportunities. By empowering talented scientists in regions like Africa, Latin America, the Caribbean, and Asia, Seeding Labs aims to facilitate impactful research that addresses critical challenges in healthcare, agriculture, clean energy, and environmental sustainability. The organization focuses on enhancing the capacity of these scientists to contribute to significant advancements in health, food security, energy solutions, and overall economic development, thereby reshaping the global landscape of science and innovation.

ClearLeaf is a company specializing in the development of non-toxic agricultural solutions, utilizing patent-pending technology that is organic certified in the EU and Japan. The firm offers a range of environmentally friendly fungicides and bactericides designed for various crops, including coffee, bananas, pineapples, and several vegetables. ClearLeaf's flagship product, GotaBlanca®, is currently sold in Costa Rica, with plans for expansion into Central America. The company has secured an exclusive commercial agreement with Colono Agropecuario, the largest agrochemical distributor in the region, enabling it to significantly increase sales since entering the market. ClearLeaf's mission is to provide sustainable alternatives to conventional agrochemicals, promoting environmental health and worker safety on farms while supporting farmers in achieving greater efficiency and productivity.