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Today: December 6, 2024
January 22, 2024
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Fueling Latin American Innovation: 500 Global Launches Fourth Fund




Summary

TLDR:

500 Global has launched its fourth fund, 500 LatAm Seed IV, L.P, to invest in Latin American tech startups. The venture capital firm will triple its investment amount in each startup compared to previous funds and will provide more personalized and deeper support to founders. 500 Global has been active in Latin America for over 10 years and has invested in more than 300 startups. Key partners of the fund include Santiago Zavala, Regina Zurutuza, and Damaris Mendoza.

Main Article

500 Global announced the launch of its fourth fund, 500 LatAm Seed IV, L.P, to invest in Latin American tech startups. Compared to previous funds, the venture capital firm plans to triple its investment amount in each startup. Additionally, 500 Global aims to provide more personalized and deeper support to founders.

Key partners of the fund include Santiago Zavala, Regina Zurutuza, and Damaris Mendoza, all from Latin America. They have been actively investing and supporting startups in the region for over 10 years. 500 Global has already invested in over 300 startups, including successful ventures like Konfío, Platzi, and Clip.

The decision to launch a new fund in Latin America comes at a time when the region presents significant opportunities for technological impact. Santiago Zavala, one of the partners, commented, “We are living in a moment in our industry and in Latin America, where the opportunity to make an impact on millions of people through technology is big, fast and is now.”

About 500 Global

500 Global is a venture capital firm that focuses on investing in tech startups. They have been active in Latin America for over 10 years and have invested in more than 300 startups. Key partners of the firm include Santiago Zavala, Regina Zurutuza, and Damaris Mendoza.

About 500 LatAm Seed IV

500 LatAm Seed IV, L.P is the fourth fund launched by 500 Global. The fund aims to invest in Latin American tech startups and plans to triple its investment amount compared to previous funds. It also aims to provide more personalized and deeper support to founders.


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