While there is a lot to like about Mexico City, the biggest challenge any entrepreneur has is raising capital. As in most cities, this proves extremely hard to do due to the language and cultural barrier as well as the high cost of living. Despite that, there has been an explosion of innovative startups here which means a growing demand for venture capital from Mexican investors. In this blog we're going talk about who some of the top VC's are in Mexico City — those institutional investors that provide the bulk of funding for new ventures.
This article is part of a series where we present you the best Venture Capital firms across different cities and countries. Here you can view the ranking for Mexico.
Top Venture Capital Firms in Mexico City
Founded in 2012 by Federico Antoni, ALLVP is the first institutional fund seed and early venture capital of its kind in Mexico, formed to invest in entrepreneurs with strong components and scalable models of innovation. Across three funds, the firm has invested in more than 30 highly innovative and successful startups throughout Latin America :Cornershop scaled its unique on-demand marketplace from Chile to Canada; Flink provides access to free trading to nearly 2 million small investors; Nuvocargo enables thousands of cross-border shipments in the world's most active trade corridor; Robinfood is building the largest network of ghost restaurants in the region and Yana is the world's fastest-growing mental health app with over 6 million downloads.
ALLVP is targeting companies led by founders who share our vision to democratize access to services and fix large inefficient industries such as Healthcare, Financial technology, Consumer Internet and Smart cities & Mobility.
The firm is a member of the Latin-American Venture Capital Association (LAVCA), the Mexican Private Equity Association (AMEXCAP) and Endeavor Investor Network.
Total fund size: $115M
ALLVP's most notable exits include Cornershop, Petsy, and VISOR ADL
Investo is a seed capital firm that invests both financial and intellectual capital in technology startups. The firm offers founders 24/7 access to advice and helps scale businesses, as well as provide key talent that may be needed. Inveseto provides guidance, talent and capital so game-changing companies can scale
Total fund size: $100K
Investor's most notable exits include Investor's most notable exits include Bulletin, SimpleCitizen, and Rappi
3. DILA Capital
DILA Capital is a Mexico City-based VC Firm that fosters the growth of Mexican entrepreneurs and Start-Up Companies.
By offering equity investments, debt financing and guidance, DILA strives to add value to our invested companies and entrepreneurs. In addition to our vast entrepreneur network, knowledge of the Mexican market and experience of our partners.
Total fund size: $85M
DILA Capital's most notable exits include Urban and Petsy
Cometa is an investment firm that invests in early stage technology companies. COMETA is a venture capital firm that invests in early-stage technology companies targeting Spanish-speaking markets
Cometa's most notable exits include Yogome, Itaro, and FancyBox.
5. Avalancha Ventures
Early stage venture capital fund that invests in unique teams building extraordinary companies which, with the use of technology, innovate to deliver efficient and cost-effective products and services for the wider population.
Total fund size: $15M
Avalancha Ventures's most notable exits include Arcus Financial Intelligence and Bind ERP.
6. Dalus Capital
Dalus Capital is an international venture capital firm that backs purposeful entrepreneurs building enduring market-leading companies that achieve the impossible.
We partner with bold spirited-revolutionaries, sometimes contrarians, who challenge and question but ultimately take responsibility to create ethical positive change through technology.Our professionals bring insights, wisdom, and resources where experience makes all the difference in executing and learning fast.
Investments have an emphasis on scalable solutions for significant problems in Latin America, in four investment themes: Inclusion, Climate Innovation, Business Productivity & Digital Consumers.
Total fund size: $50M
Dalus Capital's most notable exits include Sirena.