Leal, a Bogota, Colombia-based retail tech company providing customer engagement in Latin America, raised $5 million in a round that CEO Camilo Martinez called a “pre-Series B.” LEAP Global Partners and Rakuten Capital co-led the round and were joined by Morro Ventures and Salkantay Ventures. Leal works with business-to-consumer brands, e-commerce sites and financial institutions across Latin America to enable merchants to create a customer database to then offer cashback and rewards products to loyal shoppers on everyday purchases.
Now with $5M, Leal invests in AI-driven customer engagement for LatAm merchants
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Puerto Rico startup RED Atlas raises $1 2M, buys Finco co
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As part of its mission to promote innovation in STEM on the island, the parallel18 pre-acceleration program (pre18) and the Technology Transfer Office (TTO) -both programs of the Puerto Rico Science, Technology & Research Trust (PRSTR)-, celebrated over the weekend the Demo Day of the Challenge to Innovate: NASA Edition student challenge.
A total of 20 groups composed of students from local universities in the areas of electrical, mechanical, computer, agricultural and industrial engineering, and computer science presented innovative solutions based on technologies patented by NASA in the areas of pharmaceutical manufacturing and agriculture.
The group of young innovators presented their ideas, the product of 12 weeks of hard work in collaboration with mentors from pre18, TTO, and NASA in the development of commercialization plans to improve the quality of processes and production based on the various technologies patented by NASA.