Pulsar Raises $8 Million in Funding

by Kay Aloha Villamor in March 11th, 2024

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/  

        


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