UTEC Ventures is an accelerator and venture capital firm based in Lima, Peru, established in 2014 as the accelerator arm of the University of Engineering and Technology (UTEC). The firm focuses on early-stage investments, targeting visionary founders in various sectors, including fintech, insurtech, health, wellness, biotech, retail, e-commerce, real estate, transportation, information technology, industrial, human resources, and ed-tech. UTEC Ventures provides initial funding through its acceleration program, typically offering investments of $25,000 for a 2.5% ownership stake in startups. The firm primarily invests in North America and prefers companies with an enterprise value ranging from $0.5 million to $1 million.
LIMALINEN is a manufacturer based in Lima, Peru, specializing in cotton bedding designed to enhance sleep quality. The company offers a range of products including sheets, duvet covers, bedspreads, and mattress protectors. By replacing traditional blankets and duvets with their innovative down alternatives and pillowcases, LIMALINEN aims to provide bedding solutions that are suitable for year-round use. This approach encourages consumers to streamline their bedding collections, ultimately promoting better sleep while reducing unnecessary accumulation of items.
Dyfferent
Seed Round in 2021
Dyfferent is a food and beverage company based in Lima, Peru, founded in 2019. The company specializes in manufacturing healthy snacks that are free from gluten and artificial ingredients, aiming to transform traditional snack options into nutritious choices. Dyfferent's products are available through various retail channels, including supermarkets, convenience stores, and specialty stores, as well as through online shopping with shipping services. The company's mission is to promote healthy eating and living by providing convenient snack options for consumers on-the-go.
Tranzfer.me
Non Equity Assistance in 2020
Tranzfer.me is a pioneering money transfer platform based in Peru that facilitates international money transfers without the need for physical cash to cross borders. By utilizing local bank transfers, funds can be sent to recipients' bank accounts within minutes, offering a quick and efficient alternative to traditional agencies. The platform is designed to provide users with an economical and straightforward way to send, receive, and exchange money overseas, making it accessible to families and friends across different countries. Currently, Tranzfer.me operates in Peru, Brazil, the United States, Canada, and parts of Europe, with plans to expand its services throughout Latin America, thereby enhancing global payment accessibility for its users.
MonkeyFit
Non Equity Assistance in 2019
MonkeyFit is a fitness platform based in Lima, Peru, founded in 2018, that allows users to access a variety of training centers and fitness services through a single subscription model known as the MonkeyFit Pass. The platform offers personalized classes and a wide range of fitness options, including live sessions, active breaks, food recipes, and mindfulness resources, all provided by local personal training centers and gyms. With additional offices in Arequipa, Cajamarca, Piura, and Trujillo, MonkeyFit enables individuals to easily book and schedule their fitness sessions, promoting convenience and accessibility in maintaining health and wellness.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.