Dealflow | July 21, 2020

DILA Capital looks to underserved Latin American markets with fourth fund

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, July 21 – Mexico City-base venture capital firm DILA Capital has backed numerous social enterprises, like biogas tech venture and Peruvian skills development startup Crehana, even though it doesn’t explicitly call itself an impact fund. With its fourth fund, the firm is eying Ecuador, Bolivia, Paraguay and other underserved markets in Latin America, where little venture funding is available to startups.

IDB Lab, the Inter-American Development Bank’s early-stage impact initiative, anchored the fund with an undisclosed amount of capital.