Business · Companies · 1 hr ago

Mexico Tech Week to discuss AI investment and research funding

Mexico Tech Week to discuss AI investment and research funding

Mexico Tech Week is scheduled to take place in Mexico City from Oct.

26 to Nov.

1.

On Oct.

27, representatives of SoftBank, Kaszek and General Atlantic are due to discuss investment in artificial intelligence and funding trends in Latin America.

Organizers say the event has around 500 activities and expect about 30,000 attendees.

The Tecnológico de Monterrey has joined as a main partner, with a focus on connecting scientific research to funding and new businesses.

Its Deep Tech House program, running Oct.

27 to 29, will include discussions on semiconductor opportunities and barriers to biotechnology businesses.

The funding needed for research-based companies can be substantial; one event organizer estimated that a seed investment in semiconductors can require $5 million to $10 million.

Organizers say the event will also use five themed houses to bring activities closer together and reduce travel between them.

What people are saying

We are focusing significant efforts on developing new knowledge through applied research and through our innovation districts.
Paulina CamposTec vice-rector for its Mexico City campusesvia El Economista MX
A seed investment in semiconductors can require between 5 and 10 million dollars.
Denis YrisWortev founder and chief executivevia El Economista MX
Today there are enough tools for entrepreneurs to have created a product and tested it in the market before they approach investors.
Bernardo CorderoMexico Tech Week co-founder and Nascent VC partnervia El Economista MX

Sources

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