"History never really says goodbye. History says, 'See you later.'"- Eduardo Galeano (Uruguayan journalist and writer)
April 18, End Of Day
Advanced manufacturing refers to the use of innovative technologies to enhance products and processes, focusing on automation and new production techniques for improved efficiency and quality. Smart manufacturing integrates these technologies with real-time data analytics and connectivity via the IoT or AI, enabling more intelligent and adaptable manufacturing systems. Industry 4.0, or the Fourth Industrial Revolution, encapsulates these advancements within a holistic framework that revolutionizes manufacturing by merging digital and communication technologies with production processes.
While global equity funding has experienced a significant downturn, advanced manufacturing has demonstrated relative stability in funding. This trend is indicative of the sector's potential to be resilient performer for investors amidst broader market volatility. Advanced manufacturing, central to economic growth and technological advancement, has consistently attracted funding, even as overall equity deals have decreased.
In Latin America, advanced manufacturing has been seen as an opportunity for growth, and new hope for further industrialisation. The manufacturing sector, accounting for 15.7% of the regional GDP, plays a pivotal role in driving the economies of Latin America and the Caribbean. Innovative technologies are revolutionizing production methods, proving to be vital in enhancing the sector’s competitive edge and robustness within today's market dynamics.
EnviosPet: EnviosPet offers a comprehensive platform for pet lovers. Some of their notable milestones include processing over 5,700 orders with a GMV of $170k monthly. Dive deeper into the case here.
Dora: Dora has reached nearly 1000 tenants in just 12 months and achieved a 30% month-over-month revenue growth. The company has expanded to 17 new city markets in Colombia in 2023 and was recognized as the best prop-tech of Latam in 2023 by CILA. Dive deeper into the case here.
Elytron: Utilizing AI and machine learning, Elytron reduces costs, and fosters a deeper understanding of microorganisms, addressing key global challenges efficiently. This innovative approach positions Elytron at the forefront of biotechnological advancements Dive deeper into the case here.
Dive deeper into other fundraising firms in LatAm here.
Costa Rica: The IMF plans to disburse $510 million to Costa Rica, pending the completion of various reviews and reforms. This funding is contingent on the approval of the IMF Executive Board and the successful implementation of Costa Rica's commitments under the Extended Fund Facility and the Resilience and Sustainability arrangement. The IMF also projects a 4% growth rate for the Costa Rican economy this year.
Mexico: In the upcoming June elections, Mexico's presidential candidates are presenting divergent approaches to the nation's energy policies, crucially impacting the future of the state oil company, Pemex. Front-runner Claudia Sheinbaum plans to continue the current administration's nationalist energy strategies, emphasizing a shift towards renewable energy, despite not detailing the involvement of private investment. In contrast, opponent Xóchitl Gálvez advocates for a decentralized model with a strong emphasis on independent regulation and competition, aiming to reform Pemex's financially unsustainable operations.
El Salvador: Moody's suggests that El Salvador is more likely to secure a new IMF deal than achieve the multiple credit rating upgrades targeted in its innovative bond issuance. The bond includes a unique clause that increases interest payments if El Salvador doesn't secure an IMF program or significant rating upgrades within 18 months. Despite the challenging target of a four-notch upgrade to reach a B2 rating, an IMF agreement appears more feasible, even with concerns over the country's adoption of Bitcoin as legal tender, which the IMF has criticized.
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As Latin America embraces the digital era, the region confronts a unique set of challenges in integrating educational technology. From ensuring equitable internet access to preparing for the automation of jobs and enhancing infrastructural readiness, these hurdles highlight the complexity of implementing edtech solutions. Yet, they also open up avenues for transformative approaches that cater to the diverse needs of Latin American learners.
