Primero Raises $12 Million in Seed Funding
Primero, a company dedicated to advancing AI transformation in Latin America, announced that it has raised $12 million in a seed funding round. The round was co-led by Kaszek and General Catalyst, with additional participation from Definition, Conviction, and 8VC. Based in Mexico City, Primero aims to bolster its efforts in revolutionizing the region's AI landscape.
Founders and Leadership
The company was founded by Andres Rosales and Jose Antonio Murillo, who are both deeply committed to leveraging artificial intelligence to foster technological growth in Latin America. While specific comments from the founders were not available, their vision is clearly aligned with expanding AI capabilities and accessibility in the region.
Strategic Use of Funds
The newly acquired funds are expected to be used for enhancing Primero's AI services and expanding its technological infrastructure. The company is likely to invest in developing new AI solutions and possibly increasing its team to support these initiatives.
Investors and Market Impact
Kaszek and General Catalyst have taken the lead in this funding round, signaling strong investor confidence in Primero's potential. With additional support from Definition, Conviction, and 8VC, Primero is well-positioned to make significant strides in AI innovation in Latin America.
This investment marks a significant step forward for Primero as it seeks to establish itself as a key player in the AI sector across Latin America, providing advanced solutions to a region that is increasingly embracing technological advancements.