# Santander Mexico Financial

> Santander Mexico Financial is a VC fund backing Aerospace, Mining and Software. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 5
- Last investment: Nov 2024
- Lead investor: 60%
- Last updated: Aug 2026

Santander Mexico Financial is a VC fund focused on Aerospace and Mining.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Aerospace | 2 | 40% |
| Mining | 1 | 20% |
| Software | 1 | 20% |
| Logistics | 1 | 20% |
| Health Care | 1 | 20% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Debt | 3 | 60% |
| Grant | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Autlan | Autlan is a mining company that specializes in the extraction and processing of manganese ore and the production of ferroalloys. It supplies manganese-based products for the steel industry, including silicomanganese and ferromanganese. The company also operates in the energy sector, developing hydroelectric and renewable energy projects to supportits operations.​ | $160M | Post-IPO Debt | Nov 21, 2024 |  |
| Grupo Aeroportuario Centro Norte | Grupo Aeroportuario Centro Norte operates as an airport group that operates and manages 13 airports. | $29.5M | Post-IPO Debt | Nov 15, 2024 |  |
| Grupo Aeroportuario del Pacífico | Grupo Aeroportuario del Pacífico is a Mexican airport operator. | $85.8M | Post-IPO Debt | Nov 07, 2023 |  |
| Thermy | We develop a screening tool for the early breast cancer detection using Machine Learning and Thermograms. | $22.7K | Grant | Oct 28, 2022 |  |
| Thermy | We develop a screening tool for the early breast cancer detection using Machine Learning and Thermograms. | $25.3K | Grant | Dec 08, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [HSBC Mexico](https://shizune.co/investors/profile/hsbc-mexico) — VC Fund, 1 deal together
- Institución de Banca Múltiple — VC Fund, 1 deal together
- Santander X — VC Fund, 1 deal together
- Scotiabank México — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [BNP Paribas](https://shizune.co/investors/profile/bnp-paribas) — VC Fund
- [Intesa Sanpaolo](https://shizune.co/investors/profile/intesa-sanpaolo) — VC Fund
- [UniCredit](https://shizune.co/investors/profile/unicredit) — VC Fund

## FAQ

### What does Santander Mexico Financial invest in?

Santander Mexico Financial invests primarily in Aerospace, Mining and Software startups, most often at Post-IPO Debt and Grant stage. Most of the 5 investments tracked by Shizune back companies in Mexico. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Santander Mexico Financial last invest?

The most recent investment recorded for Santander Mexico Financial closed in Nov 2024. Shizune tracks 5 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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