Reuse Raises $21M to Scale Refurbished Electronics in LatAm

José Tomás Ulloa and Max Sateler, co-founders of Reuse, standing side by side in front of a colorful mural.

Very proud to share that Reuse, one of our portfolio companies at Dalus, recently raised a $21M Series A led by At One Ventures, the San Francisco climate fund.

Continue reading →

Why we just backed five incredible teams building the future of Latam AI

At Dalus Capital, we have spent years evaluating technology across Latin America, and what we are seeing with AI lately has us very excited. We are looking at the start of a real wave of adoption for businesses across many sectors and stages. Week after week, we analyze dozens of startups in the region using AI across completely different use cases to solve massive, structural problems and deliver tangible productivity gains for businesses.

We are convinced of the disruptive role that AI will play in Latin America. This is not just about copying a global trend, but about applying this amazing technology to skip developmental stages and historical inefficiencies in our region. That is why we are actively backing some of the best teams in the region with both capital and our experience.

I want to share our five most recent AI investments:

Dalus Capital portfolio companies: Satellites on Fire, Handle, metaBIX, Pulpos, and qomplement.
Continue reading →

We’re Back: Scaling the Latam Climate Ecosystem

At Dalus Capital, we focus our investments on three specific verticals: Inclusion (fintech, healthtech, and edtech), Business Productivity (AI and SaaS), and Climate Innovation. While capital is a fundamental part of the equation for all three, we realized early on that climate innovation needed something extra—a dedicated space to build a community from the ground up. That is why we created the Latam Climate Innovation Summit in 2022. We wanted to provide a central meeting point for an ecosystem that was finally ready to take off.

Flyer for the third edition of the Latam Climate Innovation Summit 2026, powered by Dalus Capital. The central graphic is a stylized tree that merges technology and nature: its left side consists of dark, digital circuit-like branches, while the right side features green leaves. The text highlights the event date as May 26th in CDMX and includes logos for strategic partners: Deloitte, Tecnológico de Monterrey, JICA, and México Circular Hub 2026.
Continue reading →

Join Dalus, NVIDIA, Stripe & Google Cloud to Talk the Future of AI

Promotional graphic for the event 'The Founder Equation: AI, Investment & Growth in Action'. Features a robotic hand and logos for partners Dalus Capital, Stripe, NVIDIA, and Google Cloud.

At Dalus, we are convinced that AI will create a massive disruption, unlocking huge productivity gains for businesses in the short and medium term. We have been actively investing in AI-native startups that are developing easy-to-deploy tools to solve specific business problems.

These companies are building products on top of LLMs to work more efficiently. For example, our portfolio company Darwin AI, which recently announced a new funding round, develops AI agents—think of them as digital workers—hyper-focused on sales processes. Another investment, Qomplement, automates data entry from PDFs to Excel and ERPs, cutting up to 90% of manual work. And we have other very exciting companies in our investment pipeline.💡

Continue reading →

Why We Doubled Down on the Darwin AI Team

Darwin AI logo.

I’m thrilled to share that our portfolio company, Darwin AI, has closed a $4.5 million funding round led by Base10 Partners. 🚀 We at Dalus are excited to be participating in the round alongside other previous investors, doubling down on our belief in the team.

Darwin AI is building the future of business operations with AI agents, with a sharp focus on the Spanish and Portuguese-speaking markets in Latam (try them here). The traction is already undeniable: they’ve onboarded more than 300 clients across 20 countries and have surpassed $2 million in annual booked revenues.

Continue reading →

Dalus Named One of the 100 Winners of the Carbon Positive Awards 2025

I’m very happy to share that my firm, Dalus Capital, has been named one of the 100 winners of the Carbon Positive Awards 2025 by Green Cross United Kingdom (G+UK). We were recognized in the category of venture capital for digital innovation in climate solutions.

Badge for the Carbon Positive Awards 2025, presented by Green Cross United Kingdom.

This was a nice surprise—we didn’t even know we were being considered! You can see the full list of winners here, which ranges from leading global tech companies like Apple, Google, and Microsoft to government entities such as the City of Copenhagen.

Continue reading →

Investing in Plenna, a smarter model for women’s health

I’m very happy to announce our latest investment at Dalus Capital: we’re backing Plenna, a leading Mexican femtech (or healthtech) startup building a hybrid platform for women’s health. Founded by Lorena Ostos and Giovanna Abramo, two outstanding entrepreneurs, Plenna is on a mission to revolutionize how women in Mexico access and experience healthcare.

Lorena Ostos and Gio Abramo, co-founders of Plenna, sitting together and smiling, wearing casual white tops, in a warmly lit modern space.

Plenna just raised a $6 million Series A round to expand its footprint. The company currently operates four branches in Mexico City and plans to open 13 more clinics across the country. We’re thrilled to join this round alongside Mazapil, New Ventures, and Karla Berman—a Shark on Shark Tank México and an independent member of our Investment Committee at Dalus. As part of our investment, I’ll be joining Plenna’s board to support the team in this next stage of growth.

Continue reading →

Investing in Puna Bio – Biotech Driving the Future of Agriculture

logo of agtech startup Puna Bio

At Dalus Capital, we are committed to investing in transformative solutions that address Latin America’s most pressing challenges. That’s why I’m excited to announce our recent investment in Puna Bio, an innovative biotechnology company from Argentina that leverages extremophile microorganisms to enhance crop yields and restore degraded soils.

The future of agriculture is at a critical juncture. By 2050, food production must increase by 60% to meet the demands of a growing global population, yet 90% of the world’s soil could be degraded. Traditional fertilizers and chemical inputs contribute to soil depletion, water pollution, and high carbon emissions. In fact, synthetic fertilizer production, derived from fossil fuels, is one of the largest sources of agricultural carbon emissions.

Continue reading →

Dalus Recognized for Top Venture Capital Deal in Mexico, 2025

Clivi founder Ricardo Moguel with Dalus Capital partners receiving the AMEXCAP 2025 Alebrije Award for Best VC Deal.

🏆 I’m thrilled to announce that my fund, Dalus Capital, has been honored with the AMEXCAP 2025 Alebrije Award in the Venture Capital category! AMEXCAP is Mexico’s Private Equity and Venture Capital Association, bringing together the country’s top investment funds to promote industry growth and best practices. This esteemed recognition, voted on by our peers in the Mexican venture capital industry, celebrates our investment in Clivi, a groundbreaking startup revolutionizing diabetes and obesity care in Mexico through artificial intelligence.

Clivi, co-founded by CEO Ricardo Moguel, is Mexico’s first fully digital clinic dedicated to diabetes management. Their innovative platform offers comprehensive, personalized care by connecting patients with endocrinologists, nutritionists, and psychologists, aiming to simplify healthcare management and make quality treatment accessible to millions living with chronic conditions.

Continue reading →

Join Us at the Latam Climate Innovation Summit 2024

Following the tremendous success of our inaugural summit two years ago, we’re excited to bring you the Second Edition of the Latam Climate Innovation Summit! 🌍

Latam Climate Innovation Summit 2024 flyer, September 18 in Mexico City, powered by Dalus Capital, with partner logos.
Continue reading →