Beamonte Investments said Tuesday it is investing in Origin Bit SAPI de CV (“Master Kiwi”). Financial terms weren’t announced. Master Kiwi, a winner of the first Venture Academy in Mexico, is a platform that aims to simplify video game creation for designers and helps with marketing.
Boston,MA (PRWEB) June 30, 2015
Beamonte Investments, along with its affiliate, Beamonte Mexico Holdings SAPI de CV (“Beamonte”), has announced their investment in Origin Bit SAPI de CV (“Master Kiwi”), an innovative platform that simplifies video game creation for designers and helps with marketing campaigns. The transaction is scheduled to close during the summer and the value was not disclosed.
Master Kiwi is the winner of the first Venture Academy in Mexico. Venture Academy in an intensive boot camp divided in six modules, including Management 101, Valuations, Term sheets, and Financing. The first Boot Camp was held in Mexico City May 27, 2015 to May 29, 2015. More than 45 entrepreneurs participated.
Claudia Yan of Venture Academy said “We are exited to be creating a platform where we can teach entrepreneurs like Alejandro and Master Kiwi and help them to develop the skills needed to raise institutional money. The first Boot camp was a tremendous success thanks to partners like Cinepolis, Posible, and Coopel.” The next Venture Academy boot camp will be held in late August in Monterrey, Mexico and will accommodate up to 50 entrepreneurs.
Master Kiwii was founded in February of this year by CEO Alejandro Hernandez, and has been incubated in class of 2014 by Wayra Mexico the accelerator of Telefonica, the company offers a platform with a wide catalog of pre-designed games where, through a visual, simple, and intuitive interface, it is possible to generate games in minutes aligned to the branding and image of a company potentiating the marketing campaigns.
Luis F. Trevino, Senior Managing Director at Beamonte Investments commented, “We are exited to invest in Master Kiwi and help them to grow the company to the next level. We see a huge potential in a platform like Master Kiwi that can create a personalized video game in seconds.”
Beamonte Investments is a single-family office located in Boston, Massachusetts. Beamonte has been a pioneer in direct venture capital and private equity investments, credit alternatives, and activist investment campaigns, as well as a pioneer in cross border transactions with Latin America. Since its inception, the firm has executed over $5 billion USD in transactions.
Beamonte Mexico Holdings, SAPI de CV (BMXH) is a Mexican limited liability company that integrates diversified companies and assets in Mexico. It acquires undervalued companies or fairly valued companies with attractive financial or strategic characteristics. Their intention is to hold controlling equity interests, but it may also hold debt instruments or minority equity interests from time to time.
Venture Academy was born from the idea that with the right information and guidance, any start-up can be successful. The path from business idea to business maturity can be long and difficult, with many uncertainties along the way. Most start-ups know where they want to go, but do not know how to get there