Mangxo

Based in Nuevo León, Mexico, and founded in 2022 by Sergio Angelini (CEO), Luis Morales (COO), and Patricio Naumann (CTO), Tecnologías Morales Angelini S. A. de C. V.

, trading under the name Mangxo, operates as a technology company that focuses on providing an online credit tracking system for material suppliers. In July 2025, Mangxo raised USD 3 million in seed funding led by new investor Ironspring Ventures, with participation from other new investors BBVA Spark and Incisive Ventures . Returning investors Brick & Mortar Ventures, Great North Ventures, Built Technologies Inc Corporate Development/Ventures, First Check Ventures. and other unspecified investor also participated in the round.

The company provides a purchasing and construction materials platform that simplifies the selling process, ensuring businesses get paid promptly without delays, ultimately facilitating growth and enhancing business prospects. The platform provides comprehensive protection for credit sales, covering the entire sale amount in case of non-payment, as well as streamlines operations and expands sales by granting credits. The company will use the July 2025 funding to expand its contractor and supplier network and for team growth.