This year, more than 600 startups from around the world applied to the accelerator. 37 finalists were selected to receive exclusive benefits of the annual program. With the intention of keeping the community safe, the program will start virtually due to complications arising from the COVID-19 outbreak globally.
June 18, 2020 (Mexico City) - After launching an international campaign on March 3, MassChallenge Mexico, part of MassChallenge’s global network of zero-equity accelerators, announced the 37 finalist startups of its 2020 acceleration program. The 37 accepted startups were rigorously vetted by more than 400 expert judges and represent the top 6% of applicants from around the world.
Of the 37 selected, 27 are from Mexico, three are from Colombia, three are from Chile, one is from Argentina, one is from Brazil, one is from Panama, and one is from Puerto Rico. The startups also represent a range of industries including, the high tech sector (43% of startups), general or consumer sectors (35% of startups), energy and clean tech sectors (9% of startups), social impact sectors (8% of startups), and finally, healthcare and life sciences sectors (5% of startups).
It was an exceptional year since the startup recruitment process began weeks before the federal initiative of "Susana Distancia" to counter COVID-19 nationwide in México. “Without a doubt, COVID-19 totally changed the dynamics of our organization,” said Camila Lecaros, Managing Director of the organization. “Our second round of startup judging - which usually happens in-person - took place virtually, which allowed us to have judges from different parts of the world; we believe startups benefited from this diverse, expert feedback.”
Due to COVID-19, MassChallenge México will begin the accelerator program virtually with the goal of transitioning to face-to-face events, mentoring, and meetings in the offices located in the Juárez neighborhood, when the program can ensure the safety of the community.
MassChallenge México 2020 Cohort
CINCEL (México): An electronic signature Saas that allows signing digital agreements for LATAM.
Corresponsales Digitales Imix (Colombia): An omnichannel platform that connects financial institutions with local stores enabling the creation of phygital financial services networks for financial inclusion.
ElegirSeguro.com (Puerto Rico): An insurance brokerage platform powered by automated processes, robots, and licensed advisors to deliver all the insurance coverage the businesses need, online.
Eprezto (Panamá): A solution that allows users to buy car insurance online, in 3 minutes, without presenting documents.
Getin (México): Retail analytics for brands based on people's traffic of each commercial space.
Inverkids (México): A financial education app and products for kids and teens to guide them in their first financial steps.
Jelp (México): A B2B work platform focused on end-user experience in the home improvement industry.
Liberet Corp. (México): A platform that serve the NON-on-demand food services market through digital solutions.
Momlancers (México): A platform that connects professional mothers with companies willing to try new work schemes based on flexibility.
Quiena Inversiones (Argentina): A middle class investment manager that enables them to invest globally with first class personal advice.
Signamy (México): Assistive technologies with which businesses can translate their websites into sign language simply by installing a plugin.
TINK - Referral as a Service (Chile): Sales automation SaaS through referral marketing for financial institutions.
Verqor (México): A cashless credit line platform for supply chain farmers, aiming to financially empower, connect, and skill farmers around the world.
Vikidz (México): Combines math, video games and teamwork into a unique and motivating experience for the classroom and at home.
Yu-Track (Chile): A Collection Logistics Automation Platform that helps companies measure and improve their Key Behavior Indicators.
Aequales (Colombia): Provides tools for closing gender gaps in the workplace, based on measurement, technology and consulting.
Azucena (México): Producers of healthy everyday foods derived from corn that taste delicious and have unbelievable functional properties and nutritional values.
Brandme (México): A platform that provides the technology required to produce and distribute sponsored content at a big scale.
Indiefy (México): Music industry drivers focused on free and easy distribution.
La Comandanta (México): Promoters of Mexican creole foods made or harvested by small producers.
M de Maní (México): Creators and distributors of healthy, sugar-free and preservative-free products, based on peanuts.
MAP TAG (México): An intelligent logistic assistant for SMEs, that provides a route optimization system to make last-mile deliveries more efficient.
Mesa (Chile): Helps restaurants attract customers at off-peak times with dynamic time-based discounts to generate new revenue.
Mobbit (México): An online platform that helps you connect with the best moving network.
Parnity (Brasil): A one-stop platform for freight forwarders to optimize and digitize all partnering processes with other forwarders.
RADIAL (México): A biotech company focused on the development and commercialization of biodegradable and carbon neutral biomaterial substitute of packaging EPS.
Rayito de Luna (México): An eco-friendly 100% natural personal care brand, that practice fair trade and support the development of local independent producers.
YOLO (México): Connects drivers who travel from one city to another with people who want to send a document, a package or merchandise to the same destination as the driver.
ENERGY / CLEAN TECH
ALIS Algae Innovation Solutions (México): Designers of innovative biofilters based on microalgae for the treatment of wastewater, filtration and capture of pollutants from the industry.
BINK (México): Creators of textile dyes grown from genetically modified microorganisms, which make it possible to reduce the toxic components of current dyes in the textile industry.
Quartux (México): Designs, builds, and operates smart storage systems that reduce cost and improve the quality of electricity for industrial users.
Ascalapha (México): Designs corporate gifts and customized projects with handmade techniques from vulnerable communities.
B2EAT Servicios Colaborativos (México): A platform that helps communities grow by supporting the creation of virtual kitchens & digital presence of local business with no knowledge nor budget.
Comercializadora SmartFish (México): Pays fishers more to fish less, thus breaking the negative cycle of overexploitation of the ocean and poverty.
HEALTHCARE / LIFE SCIENCES
NUBIX (México): A cloud-like database that allows specialist, hospitals and laboratories to store, interpret and manage imaging remotely at a low cost.
Prosperia (México): A social enterprise created to solve challenging healthcare problems in emerging markets through AI-based solutions.
MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas, MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential startups across all industries, from anywhere in the world. To date, more than 2,400 MassChallenge alumni have raised more than $6.2B in funding, generated more than $3B in revenue, and created more than 157,000 total jobs. Learn more about MassChallenge at masschallenge.org.
Top MassChallenge México Partners
Baker McKenzie, Bancolombia, CEMEX, Facebook, Greenber Traurig, Nestlé, Progreso, Simon Kucher, Universal Musci Group – Digital Innovation.