Category Archives: Startups

Startup Equity & Dilution: What’s Normal in 2025?

Posted on 10 December, 2025 by Diego Serebrisky

When startups raise capital, they face a balance between valuation and investment size, impacting dilution. In 2025, Seed and Series A rounds saw an average dilution of 19.5% and 18%, respectively, indicating a tougher fundraising climate. Continue reading →

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Mi charla con IT Masters sobre el ecosistema emprendedor en México

Posted on 31 October, 2025 by Diego Serebrisky

El contenido describe una conversación sobre el venture capital y el emprendimiento en México, llevada a cabo entre el autor y el equipo editorial de IT Masters Mag, compuesto por Mónica Mistretta, Maricela Ochoa y Francisco Iglesias. Se abordaron los retos, peculiaridades y características de los emprendedores mexicanos. Continue reading →

Posted in Actualidad, AI, Ecosistema, Entrevistas, Mexico, Startups, Tecnologia, Venture capital | Tagged , , , | Leave a comment

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

Posted on 30 September, 2025 by Diego Serebrisky

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 … Continue reading →

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Why We Doubled Down on the Darwin AI Team

Posted on 2 September, 2025 by Diego Serebrisky

What makes this investment special for me is the team. Darwin is led by Lautaro Schiaffino and Ezequiel Sculli, fantastic entrepreneurs who I’m also happy to call good friends.

This is our second time backing them. My fund led the Series A for their first startup, Sirena, where I had the privilege of serving on the board. They built an essential software layer for WhatsApp that solved a chaotic problem for businesses across Latam, leading to a successful acquisition by Zenvia.

Now, with Darwin AI, they are leveraging that experience. This points to a powerful trend I’m seeing across the region: the rise of the serial entrepreneur. Founders on their second or third go-around have a distinct advantage—a proven playbook, deeper networks, and hard-won experience. This combination dramatically increases the probability of success, and it’s a clear signal that the Latin American startup ecosystem is maturing. Investing in Darwin AI isn’t just about backing a great idea; it’s about backing a proven team that knows how to build and win. Continue reading →

Posted in Actualidad, AI, Ecosistema, English, Inversiones, Latin America, Startups, Venture capital | Tagged , , , , | 1 Comment

Latin America venture capital shows resilience in 2025 but challenges remain

Posted on 18 August, 2025 by Diego Serebrisky

LAVCA released its semi-annual metrics on the Latin American startup and VC ecosystem for the first half of 2025. There’s plenty to analyze, but I want to highlight three aspects. Latam VC investment volumes remain flatTotal investment value stayed essentially … Continue reading →

Posted in Actualidad, Ecosistema, English, Latin America, Startups, Venture capital | Tagged , , , , | 1 Comment

What smart capital is watching in tech

Posted on 20 July, 2025 by Diego Serebrisky

I came across this recent report from Coatue, a large global crossover fund investing in both public and private tech companies, presented at their EMW 2025 conference. It’s packed with data-driven insights into how the tech sector is evolving, especially … Continue reading →

Posted in Actualidad, AI, Disrupcion, Ecosistema, English, Startups, Venture capital | Tagged , , , , | 4 Comments

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

Posted on 30 June, 2025 by Diego Serebrisky

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 … Continue reading →

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Conversación sobre el ecosistema emprendedor en México – entrevista en Milenio TV

Posted on 23 June, 2025 by Diego Serebrisky

Les comparto la entrevista que me hicieron Regina Reyes Heroles e Ilana Sod en Milenio Emprende, el programa de emprendimiento de Milenio TV. Fue una conversación muy amena sobre el ecosistema de startups en México, sus retos y oportunidades. Sharing … Continue reading →

Posted in Actualidad, Ecosistema, Entrevistas, Español, Latin America, Mexico, Startups, Venture capital | Tagged , , , , , , , | 1 Comment

How the Post-Pandemic VC Market Is Taking Shape

Posted on 2 June, 2025 by Diego Serebrisky

I came across two interesting charts that capture from different angles how the venture capital market has cooled down after the unsustainable peak of 2021. That peak was driven by the pandemic’s digital euphoria and the flood of liquidity injected … Continue reading →

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Investing in Puna Bio – Biotech Driving the Future of Agriculture

Posted on 19 May, 2025 by Diego Serebrisky

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 … Continue reading →

Posted in Actualidad, Climate crisis, Ecosistema, English, Inversiones, Latin America, Nature, Startups, Tecnologia, Venture capital | Tagged , , , , , | Leave a comment