TLDR:
- Broota has launched its third fund, DS3, with a reduced entry ticket of $2 million to support 15 high-impact startups.
- The initiative aims to attract a broader investor demographic and promote positive externalities through its investments.
Broota, a collective financing platform, has introduced its third investment vehicle, DS3, with the goal of supporting 15 high-impact startups by lowering the entry ticket to $2 million. The platform aims to gather $2 billion to invest in startups with impactful solutions by the end of the year. This initiative is a response to high entry costs deterring younger investors, with the intention of attracting a wider range of investors through reduced minimum investment amounts. In 2022, Broota successfully raised over $2.6 billion through its first fund, supporting 18 companies. The platform’s approach to investment focuses on adding value and generating positive external impacts, with a selection process that includes company scouting and legal background checks. Broota’s co-founder, José Antonio Berríos, emphasizes the importance of fostering an investment ecosystem that encourages diverse participation and facilitates liquidity in the secondary market. The platform anticipates a strong year for venture capital activity in Latin America, driven by favorable economic conditions and greater investor activity in the latter half of the year.
