BY HNW Editorial
“Angels Den secures $1 million investment and launches angel-led crowdfunding across Mexico”
Angels Den Mexico has successfully raised $1 million from a Mexican Family Office to fund the launch of an innovative angel-led crowdfunding model across Mexico, including bases in 5 major cities.
Following 2 years of preparation, Angels Den Mexico now has ambitious growth plans, backed by strong support from the Mexican government and the national investor community.
Lois Cook, co-founder of Angels Den said: “There is a clear desire for an early stage investment model in Mexico that involves skilled lead angels and proper legal protections.”
Angels Den Mexico will introduce an online funding platform as well as introduce a number of investor master classes and training programmes, partnering with incubators and accelerators to promote angel investment into early stage businesses.
The programme is designed to ensure smarter investment into pre-vetted businesses and emulate the success rate of Angels Den UK, where over 90% of funded businesses are still trading – A rate that’s nearly twice the national average.
Along with experienced angels investing, a number of institutional investors will be co-investing into pre-vetted early-stage businesses and bringing additional mentoring and knowledge to companies raising funds.
(Bill Morrow mentoring startups at Startup Mexico)
Mexico has been projected by Goldman Sachs to be the world’s 5th largest economy by 2050 and currently possesses one of the most exciting startup scenes in Latin America.
Cesar Salazar of 500 Startups said: “Mexico city is by far the most active and rapidly growing startup hub in the Spanish speaking world.’’
Angels Den Mexico will be led by Israel Pons, who has a wealth of experience in angel and VC funding in both the UK and Mexico.
The company plans to launch ‘Semana Del Emprendedor’ (Entrepreneur Week) in Mexico City at the beginning of October.
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