Women Entrepreneurs | January 17, 2023

Amplifica Capital raises $11 million to invest in women tech founders in Latin America

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, January 17 — Mexico City-based Amplifica Capital has raised $11 million for its first venture capital fund. The fund will make early-stage investments in women founders “using technology to solve the main challenges of the region and who can positively impact the present and future generations,” said Amplifica’s Mariana Jimenez.

Amplifica received commitments from nearly 100 investors, including fund of funds Mexico Ventures, Mexican food company Grupo Herdez and individual investors. Six out of every 10 investors in the fund are women. 

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“We want to be the first place female entrepreneurs think of when they go out to raise capital,” Jimenez said. Amplifica has invested in the pre-seed rounds of 10 agtech, fintech, mobility and healthcare companies led by women. Portfolio companies include Chektahora, an Agentinian personal finance app for women, Mexican affordable insurance startup Clupp and digital bus company Kolors.

The fund plans to make 10-15 more investments over two years.