Overview
- Name: FrissOn Capital
- Headquarters: US
- Website: FrissOn.Capital
- Investment focus: Health tech startups led by Latino founders or based in Latin America and the Caribbean
- Investment geographies: Latin America and Caribbean
- Eligible LPs: Accredited investors, DFIs, donor-advised funds, family offices, foundations, high net-worth individuals, institutional investors, government agencies
Delaware-based FrissOn Capital is looking to invest $20 million in early-stage health tech founders bringing more accessible, better quality and more affordable healthcare to communities across Latin America. The general partners are looking to address what they see as systematic underinvestment in Latino founders working on health care solutions.
“We created FrissOn Capital with the vision of becoming the first early-stage deep tech venture capital firm for the Global South,” FrissOn’s Pedro López Sela told ImpactAlpha. “Eighty-five percent of the world’s population lives here, and they’re producing knowledge and technology at mind-blowing rates.”
It has secured $5 million for the strategy from Be Ventures and other investors.
An example of the innovations FrissOn is supporting: a startup redesigning medical diagnostic tools so they can be deployed more affordably and reliably in low-resource settings.
The impact metrics FrissOn will track include changes in patient health outcomes, medical cost reductions, diversity of founding teams, and reductions in medical waste. This reflects growing investor interest in measuring social and environmental impact.
