Pulsar, a Monterrey, Mexico–based startup that performs AI-driven manufacturing operations analysis, raised $8 million in funding.
SaaS Investors
The round was led by Cometa, with participation from Seaya Cathay Latam, Kayyak Ventures, and Arca Ventures.
Founded in 2012, Cometa is a venture capital investment firm investing in early-stage technology companies targeting Spanish-speaking markets. Based in Mexico City, Mexico, the firm prefers to invest in early-stage technology companies operating in the finance technology, e-commerce, marketplaces, and mobile sectors.
About Pulsar
Founded in Palo Alto in 2020 by Matías Castillo, Cristian Bartolomé, and Juan Cristobal Ruiz-Tagle, Pulsar is a company that offers productivity monitoring and optimization solutions to small and medium-sized manufacturers. Its solution provides real-time data, improving production capacity and minimizing downtime. Pulsar serves companies like Femsa, Sigma, Gruma, Deacero, and Cemex in sectors such as metal, food processing, automotive, plastics, bottling, and cement.
Funding Details
Company: Pulsar
Raised: $5.3M
Round: Series A
Funding Month: February 2024
Lead Investors: Cometa
Additional Investors: Seaya Cathay Latam, Kayyak Ventures, and Arca Ventures
Company Website: https://www.pulsarml.com/
Software Category: Manufacturing
Source: https://latamlist.com/pulsar-raises-8m-to-revolutionize-manufacturing-in-the-us-and-latin-america/