Oct 31, 2018 On Our Blog

Private Jets, Smart Pill Bottles, Blockchain, & More: Meet the Startups of Batch 24

Batch 24 has officially kicked off in San Francisco, and we’re so excited to welcome these new companies into our 500 family. From personal jets to AR glasses to period underwear, the collection of companies we’ve invested in this batch are as unique and innovative as the founders that built them. By the numbers: This batch has 21 companies. 40% of Batch 24 companies have a female founder. 50% have a Black, Mixed, or Latinx founder. 31% have a company based outside of the US. The Batch 24 companies are headquartered amongst 8 countries: Chile, France, Hong Kong, Nigeria, Singapore, Switzerland, United Kingdom, and the United States. Out of the Batch 24 companies, 27% of will be on our blockchain track, 18% …


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Oct 18, 2018 On Our Blog

Why 500 Startups is betting on Miami, and so should you

I am a Mexican who grew up in the “small” town of Guadalajara, Mexico (6M people, but feels small compared to Mexico City’s 20M+ population). I’ve had the privilege of studying and working in the LATAM, European and US markets, and calling world-class metropolises like Mexico City, Paris and New York my home. In 2016, following my heart, I reluctantly moved to Miami. Today, against all my expectations, I have fallen in love with this region and am ready to bet on its growth. And so is 500 Startups. Curious? Skeptical? Stay with me. As I wrote on the 500 Startups blog last March announcing the launch of 500 Startups Miami, this city and the larger Florida region is heating …


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Oct 10, 2018 On Our Blog

Why IoT needs blockchain to grow

What if every company had their own version of WiFi that did not communicate? Can you imagine how difficult it would be to try to connect and get anything done? But that is exactly what is going on with the Internet of Things (IoT) today: many companies are building their own version of authentication and communication protocols that don’t talk to each other, crippling IoT’s growth and innovation. A lot has been written about IoT, and for good reason. By 2020 there will be over 30 billion devices—from cameras and alarm systems to cars and trains—connected to the internet, with billions more coming online every year. Firms spend billions every year to bring IoT devices into these complex ecosystems. Deploying …


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