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Dalus Capital

Av. Paseo de la Reforma 412, Piso 14, Col. Juárez, Mexico City, CDMX, 06600, Mexico

Overview

Dalus Capital is an international venture capital firm that backs purposeful entrepreneurs building enduring market-leading companies that achieve the impossible. We partner with bold spirited-revolutionaries, sometimes contrarians, who challenge and question but ultimately take responsibility to create ethical positive change through technology. Our professionals bring insights, wisdom, and resources where experience makes all the difference in executing and learning fast. Investments have an emphasis on scalable solutions for significant problems in Latin America, in four investment themes: Inclusion, Climate Innovation, Business Productivity & Digital Consumers.

Total investments
19
Lead investments
9
Investments · 12mo
6
Active investors
4

Sector focus

  • AgTech
  • Consumer
  • EdTech
  • FinTech
  • GreenTech
  • Information Technology
  • Sustainability
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Investment portfolio

  • Alkemio

    Participated · Seed · May 2026

    Alkemio develops a modular, organic separation system designed to refine rare earth elements on-site at mines, starting with dysprosium. The company says its approach eliminates toxic solvents, cuts emissions by more than 70% and can reduce capex by up to 80% versus conventional large-scale refining. Founded three years ago by biotechnologist Ailín Svagzdys, second-time founder Federico Bonnet, and rare-earth separation scientist Lorena Molina Calderon, Alkemio has signed pilots and letters of intent with mining companies across Latin America, the U.S. and Canada. The startup previously raised $400,000 from accelerators GRIDX and SkyDeck Berkeley and will use the new $2 million pre-seed to scale its lab prototype into a 100-kilogram commercial pilot in the United States. Alkemio is part of a broader cohort of companies rethinking rare earth sourcing and processing.

  • Pulpos

    Led · Equity · Apr 2026

    Pulpos provides a cloud-based POS and management platform that enables independent retailers to manage inventory, costs, margins, expiries, digital storefronts and suppliers through familiar communication channels like WhatsApp. The company builds tools for centralized inventory management, product catalogs with personalized links, and features to track informal credit and transaction cycles common among Mexican SMEs. Pulpos validated its model with a study of more than 5,000 merchants and over one million messages, finding high usage of cash and direct credit between merchants and customers. Founded in 2023, Pulpos serves over 5,000 active sellers concentrated in Mexico City, Monterrey and Guadalajara and plans physical offices in those cities for localized support. The startup is integrating AI agents to automate customer interactions, debt reminders, receipt issuance and inventory updates to improve operational visibility for small merchants. Financially, Pulpos raised a US$4 million seed in April 2024 led by Andreessen Horowitz and has now secured an additional US$5 million led by Dalus Capital.

  • Satellites on Fire

    Led · Seed · Apr 2026

    Satellites on Fire operates an AI platform for early detection of wildfires and claims faster detection than NASA’s system. In 2025 the platform contributed to responses for more than 600 fires across 21 countries on four continents. Its customer base includes forestry, agricultural and energy companies, insurers and governments, and it is being integrated into Aon’s forest insurance products in Latin America. The company has a team of more than 22 people. Following the $2.7M seed raise, the firm plans to expand into the United States, improve its impact measurement capabilities and launch a parametric fire insurance product in partnership with Aon. Financial details beyond the seed amount and investor list were not disclosed in the articles.

  • metaBIX

    Led · Equity · Mar 2026

    metaBIX operates an environmental biosurveillance platform that combines non-invasive environmental monitoring with AI-driven predictive analytics to anticipate disease outbreaks in animal production systems and detect contamination risks across the food supply chain. The company positions its technology to shift sanitary management from reactive to preventive. metaBIX has active operations across Latin America and Asia and is running field validations with large-scale agricultural operations in Brazil. Brazil is targeted as the company’s primary market for 2026, where it is already working with major producers. Financially, metaBIX completed a $1M round in October 2025 and has now raised an additional $1.3M led by Dalus Capital and EWA Capital. The company aims to build its platform into an infrastructure for agricultural biosecurity worldwide.

  • Enerlink

    Led · Equity · Jan 2026

    Founded in Chile in 2017 by Sebastián Luque, José Ignacio Dusaillant and Alberto Cárdenas, Enerlink develops software that manages real-time data from chargers, vehicles and operations to optimize charging schedules, balance power loads and measure emissions. The company operates one of Chile’s largest public charging networks and, together with activity in Colombia, Mexico and other markets, oversees more than 3,000 EV charging points. Its platform handled over 2 million charging transactions in 2025 and supports more than 30 charger brands for a customer base exceeding 180 enterprises, including Walmart, Mercado Libre and Pepsico. Enerlink employs more than 50 people and currently serves eight countries: Chile, Colombia, Perú, México, Ecuador, Uruguay, Costa Rica and Santa Lucía. With the fresh capital it plans to accelerate international expansion, deepen operations in existing markets and roll out new technology offerings. Management sees intelligent, efficient infrastructure as critical for unlocking the full potential of electromobility in Latin America, positioning Enerlink as a key enabler of the region’s sustainable transport transition.

Team

  • Diego Serebrisky

    Co-founder & Managing Director

    LinkedIn
  • Rogelio de los Santos

    Co-founder & Managing Director

    LinkedIn
  • Christian Aguirre

    Investment Team Member

    LinkedIn
  • Gabriel Estrada

    Investment Team Member

    LinkedIn