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Home World Regional News South America

Ecuadorian Born Startup Databits raises $600,000

Femi Thomas by Femi Thomas
10/15/2023
in South America
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Databits Ecuador

Databits Ecuador

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Databits, an Edtech startup founded in Ecuador, has raised a pre-seed round of $600,000.

Databits aims to strengthen its presence in Mexico to increase the range of courses and programs they have on data science and AI.

In this way, Databits seeks to strengthen the data culture in large, medium, and small companies throughout Latin America and plans to complete it with the investment just raised.

The resources come from different institutional funds and family offices based in countries such as Mexico, the United States, Brazil, Ecuador, and Peru. Among the most important are firms such as 500 LatAm, Buentrip Hub, Stonks Fund, BVC, Telefunken Capital, CREAS Ecuador, and Winnipeg Capital.

Databits was born in Ecuador in 2019 and has focused on revolutionizing the way in which professionals from different companies in Latin America use the knowledge they have of Data and Artificial Intelligence, to make them more efficient, productive, and innovative.

With this focus and objective, Databits develops training oriented to the resolution of technical and business problems in industries such as banking, finance, insurance, retail, and telecommunications, among others.

The founders of Databits were Fernanda Aldrette from Mexico and Fernanda Huilca from Ecuador.

This platform was selected as one of the 10 Latin American startups to be part of the WeXchange 2022 program, from the IDB and Google Accelerator in Miami.

 

Read more on Tech Gist Africa: 

Ecuadorian payments infrastructure startup Kushki lands $100M

Mexican Startup Ozon raises $29M

Digital bank Klar raise $70 million

 

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