About Environment Tech sector in Mexico
The Environment Tech sector in Mexico comprises 186 companies, including 32 funded companies having collectively raised $511M in venture capital money and private equity. Out of these, 9 are Series A+ funded.
Environment Tech sector in Mexico has seen 1 acquisition and 3 IPOs.
This sector includes it includes companies involved in tech-based water, solid waste, and air management.
Environment Tech sector is also known as Climate Tech, CleanTech or Green Tech.
It includes companies providing software solutions for water, solid waste and air management. It also includes companies providing tech heavy hardware and advanced materials for the same. It excludes companies providing traditional water, solid waste and air management services. It also excludes offline environment consultancies.
Top Environment Tech Companies in Mexico
There are 186 Environment Tech startups in Mexico which include VEMO, Sistema, Grin Scooters, BioEsol, Grow Mobility. Out of these, 32 startups are funded, with 9 having secured Series A+ funding.
Over the past 10 years, an average of 10 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Massachusetts Institute of Technology, Harvard Business School and Harvard University.
Here is the list of top Environment Tech startups in Mexico
1. VEMO
Provider of electric vehicles, charging infrastructure, and fleet management technology. The company delivers comprehensive solutions for transitioning fleets to electric power. It offers vehicle leasing and financial solutions for mobility application drivers. The company also develops and operates a network of charging stations.
Key facts about VEMO
- Founded Year: 2021
- Location: Miguel Hidalgo (Mexico)
- Stage: Series D
- Total Funding till date: $314M
- Investors: Vision Ridge Partners, Kapital and 5 Others
- Latest Funding Round: Series D, Sep 03, 2025, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 1 of 8 Competitors
2. Sistema
Provider of modular biodigester systems for farms. These systems transform animal waste into biogas and biofertilizer, providing clean energy and improved soil fertility. The technology includes various biogas appliances for thermal and mechanical uses, catering to diverse farm sizes and feedstock types. Installation and use are designed to be straightforward, enhancing farm productivity and efficiency.
Key facts about Sistema
- Founded Year: 2009
- Location: Mexico (Mexico)
- Stage: Series B
- Total Funding till date: $60.4M
- Investors: DILA Capital, Engie and 28 Others
- Latest Funding Round: Series B, Nov 07, 2025, $*****
- Tracxn Score: 58/100 What is this?
- Competitors Rank: 9 of 288 Competitors
Grin is an app-based rental platform for electric kick scooters, operating in select Mexican locations. The company operates its own fleet on a station-based model. The company also partners with stores/enterprises to offer designated parking zones and also pays the stores for storing the vehicles overnight. The app enables users to search, locate and rent electric kick scooters on-demand. Its mobile app is available for iOS and Android devices.
Key facts about Grin Scooters
- Founded Year: 2018
- Location: Mexico City (Mexico)
- Stage: Series A
- Total Funding till date: $72.7M
- Investors: Shasta Ventures, Trinity Ventures and 22 Others
- Latest Funding Round: Series A, Oct 15, 2018, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 2 of 3 Competitors
4. BioEsol
Provider of energy efficiency, solar power, and energy storage solutions. The company delivers comprehensive services for industrial and commercial clients. These services include energy consumption optimization and portable power options. They offer energy storage systems and support renewable energy adoption. The company aims to transform energy expenditure into investment through sustainable practices.
Key facts about BioEsol
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Grow Mobility is a provider of LEV rentals in LATAM markets. Its tech-enabled micro-mobility solutions in LATAM markets. The company was formed as a result of the merger between 'Grin' - an app-based electric kick scooter rental platform and 'Yellow' - an app-based rental platform for light electric vehicles (scooters, e-bikes, etc). In 2019, Grow Mobility also merged with 'Flinto', a P2P payments app for underbanked or non-banked consumers.
Key facts about Grow Mobility
- Founded Year: 2014
- Location: Mexico City (Mexico)
- Stage: Acquired
- Investors: Trinity Ventures and Spectra Investments
- Tracxn Score: 43/100 What is this?
- Competitors Rank: 2 of 5 Competitors
Companies founded year-on-year in the Environment Tech sector in Mexico
21 Environment Tech startups in Mexico were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | 5 |
2022 | 12 |
2021 | 9 |
2020 | 20 |
2019 | 20 |
2018 | 21 |
2017 | 12 |
Stage-wise distribution of Environment Tech sector companies in Mexico
Out of the total 186 Environment Tech companies in Mexico, 32 have secured funding. Among them, 9 have reached Series A or higher, and 6 to Series B or beyond.
Founded - 186
Funded - 32
Series A+ - 9
Series B+ - 6
Series C+ - 5
Company Stage | No. of companies |
|---|---|
Founded | 186 |
Funded | 32 |
Series A+ | 9 |
Series B+ | 6 |
Series C+ | 5 |
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Funding Trends in the Environment Tech sector in Mexico
Total funding year-on-year in the Environment Tech sector in Mexico
The Environment Tech sector in Mexico saw a total funding of more than $511M in the last 10 years. The most amount of funding was in 2025 at more than $319M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $319M |
2024 | $81.6M |
2023 | $326K |
2022 | $25.6M |
2021 | $6.2M |
2020 | $338K |
2019 | $12M |
2018 | $65.9M |
2017 | - |
Recent Funding Rounds in Environment Tech in Mexico
In the year 2025, till November 2025, Environment Tech companies in Mexico have raised $319M in equity funding across 5 rounds.
In the same period last year (i.e. till October 2024), Environment Tech companies in Mexico had raised $21.6M across 4 rounds.
So, 2025 has seen a 1375.14% rise in funding in Environment Tech companies in Mexico as compared to 2024.
Here are some recent, important funding rounds in Environment Tech companies in Mexico:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 1575 | Nov 07, 2025 | - | |
Series D | 9246 | Sep 03, 2025 | ||
Series A | 9974 | Mar 26, 2025 | ||
Series C | 7019 | Feb 21, 2025 | ||
Series B | 8130 | Jan 14, 2025 |
Top Investors in Environment Tech in Mexico
Temasek is the top investor in Environment Tech companies in Mexico based on number of companies invested.
Here are some top investors in Environment Tech companies in Mexico:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Singapore (Singapore) | - | |
London (United Kingdom) | - | |
Madrid (Spain) | - | |
New York City (United States) | - | |
Quebec City (Canada) | - |
M&A activity in Environment Tech sector in Mexico
In the year 2020, till March 2020, 1 acquisition happened in Environment Tech sector in Mexico.
Here are some recent, important acquisitions in Environment Tech sector in Mexico:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 12, 2020 |
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Acquisition trends in Environment Tech sector in Mexico
Here are the acquisition trends in Environment Tech sector in Mexico:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | 1 |
2019 | - |
2018 | - |
2017 | - |
Colleges which produce the most Environment Tech companies in Mexico
Companies founded by alumni from top colleges in the Environment Tech in Mexico
Most number of Environment Tech startups in Mexico have been founded by alumni from Massachusetts Institute of Technology, Harvard Business School and Harvard University.
College | No. of companies |
|---|---|
Massachusetts Institute of Technology | 3 |
Harvard Business School | 1 |
Harvard University | 1 |
University of Cambridge | 1 |
University of Pennsylvania | 1 |
Wharton School | 1 |
Top News in Environment Tech in Mexico
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Sistema.bio secures $15 Mn to accelerate global expansionEntrackr•Oct 14, 2024•Sistema, ElectriFI, Chroma Impact Investment, KawiSafi and 9 others
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Electric scooter startup Grin merges with Brazil-based YellowTechCrunch+•Jan 30, 2019•Grin Scooters, Yellow, Yellowbike, Yellow Scooters and 1 other
