new Growth Latam Fund
The Opportunity
Projected capital shortage in Latam presents a huge opportunity for new funds actively investing in 2024.
Unlock the vast market potential of Latin America with over 640 million people, a growing middle class, robust consumer spending and thriving startup ecosystem tackling regional challenges through innovative technology.
Take advantage of Chilean government’s incentive for private investors, providing leverage of up to 100% private investment.
30%
or more of Latin American startups in Series A+ will require a new round of funding in 2024.
$2B
is the projected annual capital shortage for series B+ startups in Latam from 2023 and beyond.
Source: © 2023 McKinsey & Company
The Fund
In search for around 24 exceptional Latin American startups at Series A stage, each with over $2M in projected revenue, a proven local market track record, and a Total Addressable Market (TAM) exceeding $1B. Follow-ons in Series B rounds. Initial growth focus is on Mexico, Brazil, and the US, with plans for global expansion to secure higher exits. Investment vehicles through an US based feeder fund or directly on the chilean fund. PwC yearly audited financial statements.
80M TARGET AUM
Private commitments of $40M + $40M leveraged by the Chilean government.(*) Initial closing stands at $32M in private commitments
Leverage up to 100% private capital
Target Assets
24 exceptional tech startups in Latin America, at Series A, with over $2M in revenue. Follow-ons in Series B rounds.
(*) After approval of Venture Capital Chile program application.
Strategic Partners
