# Protagon Group

> Protagon Group is a VC fund backing Software, Analytics and Blockchain. See 2 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Total investments: 2
- Last investment: Nov 2022
- Lead investor: 100%
- Last updated: Sep 2026
- Website: https://www.protagongroup.com/

Protagon Group is a VC fund focused on Software and Analytics. Protagon Group invests in startups, as well as manages seed and growth funds, with a focus on different geographies and company development stages.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 1 | 50% |
| Analytics | 1 | 50% |
| Blockchain | 1 | 50% |
| Health Care | 1 | 50% |
| Mobile Payments | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Series A | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Mexico | 1 | 50% |
| Switzerland | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| E-fectivo | Empowering rural communities and financial cooperatives (SOCAPs) to thrive through sustainable financial and digital inclusion. | $135K | Seed | Nov 22, 2022 |  |
| b-rayZ | b-rayZ is a spin-off of the University Hospital Zurich. Their team consists of professional radiologists, data scientists and physicians, with more than 15 years of work experience in medical imaging and radiology. They develop and provide predictive deep learning analytical tools and algorithms for the assessment of your personal medical images. | $4.1M | Series A | Jul 07, 2022 |  |

2 of 2 investments shown.

## Co-investors
- Convergence Partners AG — VC Fund, 1 deal together
- [Eckenstein-Geigy-Stiftung](https://shizune.co/investors/profile/eckenstein-geigy-stiftung) — VC Fund, 1 deal together
- [LifeCare Partners](https://shizune.co/investors/profile/lifecare-partners) — VC Fund, 1 deal together
- [Swisspreneur Syndicate](https://shizune.co/investors/profile/swisspreneur-syndicate) — VC Fund, 1 deal together

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## Featured in investor lists
- [Blockchain Investors in Mexico](https://shizune.co/investors/blockchain-investors-mexico)
- [Blockchain VC Funds in Mexico](https://shizune.co/investors/blockchain-vc-funds-mexico)

## FAQ

### What does Protagon Group invest in?

Protagon Group invests primarily in Software, Analytics and Blockchain startups, most often at Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in Mexico. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Protagon Group last invest?

The most recent investment recorded for Protagon Group closed in Nov 2022. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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