1. Colombia adds $75M to Series A for Azevédo Technologies
1. Colombia has added $75 million to its A round of funding for Azevdo Technologies, a startup that uses AI to help farmers increase crop yields.
2. The new funding will be used to help Azevdo expand its operations in Colombia and other countries in South America.
3. Azevdo’s technology uses machine learning to analyze data from weather stations, satellite imagery, and sensors to help farmers optimize their irrigation and fertilization practices.
4. The startup says that its technology can help farmers increase crop yields by up to 30%.
5. Azevdo was founded in 2016 by Colombian entrepreneurs Santiago Cuervo and Andres Felipe Perez.
Colombia-based Addi Ventures raised a $75 million Series A for its startup accelerator and venture capital fund. The round was led by Azevedo TechCrunch with participation from C Ventures, Endeavor Catalyst, and others.
Addi Ventures was founded in 2019 by Andres Barreto, who also co-founded the Colombian startup accelerator and venture capital fund, Polymath Ventures. The accelerator has a focus on early-stage companies in the technology, media, and telecommunications sectors.
To date, Addi Ventures has invested in 14 companies, including the recently launched B2B e-commerce platform, MercadoLibre. Barreto is also a founding partner of the Colombian-based e-commerce platform, Linio.
In an interview with TechCrunch, Barreto said that the fund will continue to invest in early-stage companies in the Andean region, with a focus on Colombia, Peru, and Chile. He added that the fund is also looking to invest in companies that are expanding into Latin America from the U.S. and Europe.
Barreto said that the fund has a long-term view and is looking to invest in companies that have the potential to become regional or global leaders. He added that the fund is open to making follow-on investments in companies that it has already invested in.
Addi Ventures has a team of six partners and is based in Bogotá.
3. Azevédo Technologies
Azevdo Technologies is a Colombian startup that has developed a technology to increase the efficiency of solar panels. The company was founded in 2013 by Andres Azevedo and Carlos Arango, who are both engineers.
The technology developed by Azevdo is based on nanomaterials that are able to absorb more light than traditional solar panels. This means that the solar panels are able to convert more sunlight into electrical energy, making them more efficient.
Azevdo has so far raised $1.5 million in funding from a number of investors, including the Colombian government. The company is planning to use the funding to scale up its production and to expand into new markets.
The company has already signed a contract with the Colombian government to provide solar panels for a number of government buildings. Azevdo is also in talks with a number of other companies and organizations about potential partnerships.
The technology developed by Azevdo has the potential to revolutionize the solar panel industry. The company is already making a big impact in Colombia, and it is well on its way to becoming a global player in the solar panel market.
Colombia is a South American country located in the northwestern region of the continent. It is bordered by Panama to the north, Venezuela to the east, Brazil to the south, and Ecuador and Peru to the west. The official name of the country is the Republic of Colombia.
With an area of 1,141,748 square kilometers, Colombia is the fourth largest country in South America after Brazil, Argentina, and Peru. It is also the 26th largest country in the world. The population of Colombia is estimated to be around 50 million people, making it the third most populous country in South America after Brazil and Argentina.
The capital and largest city of Colombia is Bogotá. Other major cities include Medellín, Cali, Barranquilla, and Cartagena.
The official language of Colombia is Spanish. English is also widely spoken.
Colombia is a constitutional republic with a presidential system of government. The president is the head of state and the head of government. The unicameral Congress is the legislative branch of the government.
The economy of Colombia is the fourth largest in South America and is based largely on agriculture, mining, and manufacturing. The country is rich in natural resources, including oil, coal, gold, silver, and platinum.
Colombia is a member of the United Nations, the Organization of American States, and the Union of South American Nations.
The history of Colombia can be traced back to the early 16th century, when the Spanish conquistador Rodrigo de Bastidas arrived on the coast. Colombia was a Spanish colony for over 300 years. In 1819, it gained independence from Spain and became a republic.
Since independence, Colombia has experienced many periods of political and economic turmoil. In the 1950s, a civil war known as La Violencia broke out between the government and leftist rebel groups. This conflict lasted for over a decade and claimed the lives of over 200,000 people.
In the 1980s and 1990s, Colombia was plagued by the illegal drug trade and the accompanying violence. In recent years, the situation has improved considerably, and the economy has begun to grow.