LAVCA | Latin American Private Equity & Venture Capital Association – Caravela Capital Reaches First Close for Latin America-focused Early Stage Fund

IWT Research February 24, 2023

Caravela Capital Reaches First Close for Latin America-focused Early Stage Fund
2023-02-21Brazil-based venture capital fund Caravela Capital reached a first close of its early-stage Latin America-focused fund Caravela Capital II with a USD50m target. The fund’s first investment includes Franq Open…

Brazil-based venture capital fund Caravela Capital reached a first close of its early-stage Latin America-focused fund Caravela Capital II with a USD50m target. The fund’s first investment includes Franq Open Banking, a digital platform that empowers personal bankers with financial products from over 50 institutional organizations.

Caravela was founded in 2019 and has invested in 24 companies. The first fund reached a USD20m close and has invested in companies such as Caju, Mottu, Logcomex and Emcasa.

was last modified: February 22nd, 2023 by Mansi Patel

Caravela Capital Reaches First Close for Latin America-focused Early Stage Fund

Categories: VC Funds

Related Articles

TechCrunch-Index Ventures thinks new startups will emerge in the downturn and is putting $300M behind that bet

Back in April 8, 2021 Index Ventures, one of the very few ‘original gangsters’ of the European VC scene, said it was kind’ve going ‘back to its roots’. It announced the launch of a new $200 million dedicated seed investing vehicle dubbed ‘Index Origin’. Now, if you cast your minds back, this was during the […]

Index Ventures thinks new startups will emerge in the downturn and is putting $300M behind that bet by Mike Butcher originally published on TechCrunch

IWT Research February 1, 2023

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .

This website uses cookies to ensure you get the best experience on our website. If you continue to use this site we will assume your consent.

Consent