Investment capital for new businesses is one of the indicators of a healthy economy. Mexico has had one of the highest growth rates in Latin America and this will continue in coming years, according to statistics. While VC investments are not as common in Mexico as they are in the U.S., European Union, Singapore, or Israel, there are some investors that continue to see opportunity in Mexican startups. Despite the risk factors, some venture capital firms have decided to make a bet on these startups and others should follow their example because of the investment potential that comes with it for those willing to take a chance and invest early into these startups.
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 City.
Top Venture Capital Firms in Mexico
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 : Corner shop 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: 2012
ALLVP's most notable exits include Petsy, VISOR ADL, and Aplazame.
is a Mexico based early-to-late stage venture capital firm that invests in innovative solutions for the emerging middle class, representing 70% of the population. Founded in 2007, IGNIA has two funds with US$200 million capital raised. IGNIA invests in sectors such as healthcare, fintech, financial services, education and basic services.
Total fund size: $342M
IGNIA's most notable exits include Abra, Sr.Pago, and Pangea Money Transfer.
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
Investo's most notable exits include Bulletin, Billpocket, and SimpleCitizen.
4. 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.
5. 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
6. Ideas & Capital
Ideas & Capital actively looks for companies in which its participation goes beyond investing capital. The firm helps its companies to institutionalize, improve their strategy, open new markets and above all make decisions that create extraordinary value.
Multisectoral approach with an emphasis in technology, services, agribusiness, education and health. Ideas & Capital favors direct equity investments that pursue regional presence in Latin America.
Invested companies must have the potential to generate superior economic returns and must have a positive impact on society, supporting community development without affecting the environment.
Total fund size: $32M.
7. Dux Capital
Dux Capital is a Venture Capital fund based in Austin and Mexico City. We are committed to investing in Latin early-stage startups across LATAM and the United States. We work in the trenches, we stand by the entrepreneurs, getting our hands dirty with them, not only providing tangible resources but also serving as support whenever the uncertain happens.
Total fund size: $6.5M.
8. Proeza Ventures
Founded in 2019, Proeza Ventures is an early-stage VC firm exclusively investing in the mobility space. We are based in Monterrey, Mexico, and Houston, Texas, looking to invest in Series A companies focusing on industrial tech, smart components, new vehicles, MaaS and digital data services throughout the Americas. We expect to write initial checks of US$1.5mm on average and invest in approximately 15 companies out of this first fund. We are backed by Grupo Proeza, a portfolio management company with two global platforms operating in the agroindustry and mobility sectors. Within its mobility platform, Grupo Proeza owns Metalsa, a Tier-1 supplier of structural automotive more
Total fund size: $50M