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Dux Capital Honored at the 2024 Angeles Estrellas Awards and Announces Latest Investment in PromoShare

Dux Capital, a venture capital firm committed to supporting Hispanic and Latino-led startups, has been recognized in the 2024 edition of the Angeles Estrellas Awards. This prestigious accolade celebrates the top funders and VCs who are actively investing in startups founded by members of the Hispanic and Latino communities, underscoring Dux Capital’s dedication to driving innovation and diversity in the startup ecosystem.

This year, Dux Capital is being celebrated for its efforts to foster growth in early-stage startups, particularly those led by Latin founders in the U.S. Through their strategic investments, Dux Capital is helping elevate businesses across various sectors, while also creating opportunities for underrepresented founders in the venture capital space.

Dux Capital’s New Investment in PromoShare

In alignment with their mission to back innovative startups, Dux Capital has announced a new investment from their second fund in PromoShare, a fan engagement and content analytics platform. PromoShare is designed to revolutionize the sports and entertainment industries by allowing brands, teams, and events to leverage user-generated content (UGC) created by fans, which can drive engagement and revenue.

José Luis Silva Vázquez, Managing Partner at Dux Capital, expressed his enthusiasm for this investment: “We’re excited to support PromoShare as part of our mission to back groundbreaking solutions. Their cutting-edge software solution that enables the sports and events world to leverage fans as content creators has the potential to reshape the sports and event promotion landscape.”

PromoShare’s platform enables the sports and entertainment sectors to interact more effectively with their audiences, creating a new way for fans to engage with the brands and teams they love, while simultaneously creating valuable promotional content. This investment signals Dux Capital’s confidence in PromoShare’s potential to reshape fan engagement and revolutionize the way brands interact with their audiences through UGC.

A Commitment to Diversity and Innovation

Dux Capital’s second fund continues the firm’s legacy of championing diversity and innovation in the startup ecosystem. By focusing on startups led by Latin founders, the firm is helping to address the funding gap faced by many underrepresented founders, while also fostering growth in sectors that are ripe for disruption.

With this latest investment in PromoShare, Dux Capital demonstrates its dedication to supporting startups that are not only diverse but also innovative. The firm’s commitment to diversity goes hand in hand with its belief that fostering innovation in diverse communities can drive transformative change.

Looking Forward

The recognition from the Angeles Estrellas Awards solidifies Dux Capital’s position as a leader in fostering diversity in venture capital. Their investment in PromoShare marks another step in the firm’s mission to drive innovation in the sports and entertainment industries, using fan-driven content to fuel engagement and revenue.

As Dux Capital continues to back forward-thinking startups, the firm’s influence on the startup ecosystem is set to grow, empowering more diverse founders and bringing groundbreaking solutions to the market.

With more milestones expected in the coming years, Dux Capital is poised to continue making a significant impact on the venture capital landscape.

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