Seed · Enterprise software

Celes raises $3 million seed round led by FEMSA Ventures

The May 2024 funding supports product development and expansion in Mexico.

Celes announced a completed $3 million seed round on May 14, 2024, led by FEMSA Ventures. MatterScale Ventures, Rockstart, Primeline Group, Wayra Hispam, Kuiper VC, NOA Capital, Storm Capital, Santiago Gómez and Fabián Carrillo also participated.

The Colombian company uses AI and predictive analytics to help retailers manage inventory and replenishment. It planned to improve the user experience and expand across Latin America, with a particular focus on Mexico.

Use of funds

Improve the product user experience.

Expand across Latin America, particularly Mexico.

Funding history

Seed · This round$3M
Seed$1M

Sources

  1. Financing announcementforbes.co · May 14, 2024