Mexico City's startup ecosystem thrives on a large domestic market, vibrant talent pool, and strong sectors. Government-backed initiatives boost the local ecosystem through specialized programs, training, and funding support. In 2024, Mexican startups secured $5.8 billion in funding, marking a 45% increase from the previous year. Startup Mexico has helped over 1,500 entrepreneurs strengthen their business models and connect with industry partners to drive innovation. Launched in January 2025, Plan México is a government-private sector strategy to boost growth through monthly investment reviews, strategic project collaboration, and streamlined digital procedures supporting startups.
Driven by a projected 215% surge in digital adoption and government support for 100 new public universities, Mexico’s tech education landscape is rapidly gaining global competitiveness, equipping students with advanced skills and strong career prospects. Top universities, including Mexico City-based National Autonomous University of Mexico and National Polytechnic Institute, are expanding programs in AI, Robotics, and Software Engineering, while enhancing industry ties for hands-on training and job placement.
In 2024, Mexican AI startups raised $600 million, focusing on Logistics, Customer service, and Analytics. Leaders like Neurafy (AI marketing) and Miroculus (genomics) are driving Mexico’s AI sector, backed by the AI Strategy for Mexico 2025 and global tech partnerships, making the country a regional innovation hub.
The same year, Mexican healthtech startups raised $900 million, targeting Telemedicine, Digital Health, and Biotech to improve access and affordability in a fragmented healthcare system. Mexico advanced digital infrastructure with 5G rollout and broader broadband access in 2024, empowering startups in IoT, Cloud Computing, and Smart City Tech. Mexico-city based online automobile marketplace startup Kavak is the region’s largest unicorn, valued at $8.7 billion.