America

Mentoring Tomorrow’s Founders: Rediscovering a Traditional American Dream Through Discipulus Ventures

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Scores of accelerator programs run every year with the aim of identifying and cultivating founders in the earliest stages of building a company. Only a fraction seek out founders who are explicitly aligned with some set of values — let alone classically conservative values like family, patriotism and faith. Discipulus Ventures, which kicked off its first 10-person cohort yesterday, is a singular exception. “You can’t say what matters, you can’t say what you think is true, and that’s obviously not going to be good if you want to solve these problems,” he said. The city’s reputation has grown in recent months as a breeding ground for a new type of hard tech founder, one very much like the type Discipulus is trying to attract.

“Accelerating America: A Cohort of Founders Uniting in Gundo with Discipulus Ventures”

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Scores of accelerator programs run every year with the aim of identifying and cultivating founders in the earliest stages of building a company. Only a fraction seek out founders who are explicitly aligned with some set of values — let alone classically conservative values like family, patriotism and faith. Discipulus Ventures, which kicked off its first 10-person cohort yesterday, is a singular exception. “You can’t say what matters, you can’t say what you think is true, and that’s obviously not going to be good if you want to solve these problems,” he said. The city’s reputation has grown in recent months as a breeding ground for a new type of hard tech founder, one very much like the type Discipulus is trying to attract.

to the blockchain Web3 Funding Company Borderless Capital Purchases CTF Capital, Combining AI and Quantitative Knowledge for Blockchain Industry

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Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with technology and operation teams in Latin America. With this acquisition, Borderless Capital will add AI-infused quant trading expertise to its own business. After combining with CTF Capital, Borderless will have over $500 million in assets under management (AUM). All the existing funds managed by CTF Capital will be merged into Borderless’s Multi-Strategy Fund V LP., launched last year with $100 million under management today. “Borderless already has significant exposure through several portfolio companies from this geography [Latin America].

Prometeo Secures $13M Investment from PayPal, Samsung, and Other Leaders in Open Banking for Latin America

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Prometeo, a startup out of Uruguay building channels to enable open banking across Latin America, is today announcing that it has picked up $13 million in funding to expand its business. A lot of open banking these days focused on national rollouts — not least because banking conventions and regulations are often very localized. (It’s not the only company that believes that open banking has a big role to play in financial services in the future: last year, the open banking startup Ivy raised funding specifically to expand to Latin America; and Christine wrote here extensively on Finerio, an ambitious open banking startup out of Mexico. More recently, last year it led a $14 million round into nocnoc, a Latin America cross-border commerce specialist. It also owns the point-of-sale payments company Zettle, which has been making very big inroads into Latin America for years now.

Google Collaborates on Historic Subsea Cable Linking South America and Asia-Pacific

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Google is set to build a new subsea cable connecting Chile with Australia, via French Polynesia — the first such cable to directly connect South America with Asia-Pacific. While countless other submarine cables traverse the Pacific Ocean, they substantively connect Asia with North America, though some do snake down the Pacific coast from the U.S and Mexico to various landing points in the South of the continent. Indeed, Google completed its first entirely private cable project four years ago with Curie, connecting California with Chile. Google hasn’t given any indication as to when Humboldt will be complete, but rather than going it alone as it has done with other recent cable projects, the internet giant is partnering with Chile’s Desarrollo País and Office des postes et télécommunications de Polynésie française (OPT) to lay the 9,200 mile (14,800KM) cable. Tech companies including Meta, Microsoft and Amazon have also invested in various internet infrastructure programs, and alongside Google the quartet are said to either own or lease around half of all subsea cabling bandwidth.

Gabriel’s Urban Intelligence Initiative: Improving Neighborhood Safety in Latin America

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Erick Coser and Otávio Costa Miranda moved back to Brazil in 2019 to solve a large, yet unsolved problem in Latin America. Meanwhile in São Paulo, that is one camera per thousand people. Coser and Costa Miranda drew on the experiences of Europe to create Gabriel in 2020. The company integrates cameras and computer vision with routine police operations to address public safety challenges across Latin America. That walks side-by-side with strong investments in the takeover of São Paulo in 2024 and preparations for launching new cities in 2025.”