Medina Ventures, the venture capital company based in Miami, is in the midst of fundraising to establish its first fund dedicated to investing in startups in Latin America and the United States.
Although the company was launched in August of this year, its founders and executives have a strong track record in the field of innovation and entrepreneurship.
“We’ve been in entrepreneurship and investment for almost 10 years, a decade. We have the experience, background, knowledge, and now we’re very excited to formalize that with Medina Ventures,” declared Melissa Medina, a partner in the firm.
According to the management, the Medina family began their involvement in the technology industry in 1980 when Manuel Medina, Melissa’s father, founded Terremark Worldwide, a company specializing in IT infrastructure and cloud solutions, which was later acquired by Verizon.
Melissa Medina emphasized that her father has always been connected to these issues.
Together, in 2001, they created NAP of the Americas, one of the world’s largest data centers specifically designed to digitally connect Latin America with the rest of the world.
However, the most significant steps in relation to the ecosystem occurred during the last decade.
In 2014, they conceived the idea of organizing a call that would bring together entrepreneurs, investors, technology executives, and government authorities in Miami, but with a focus on Latin America.
“It took us a few years to build that platform, and it has become a kind of promotion for the technological ecosystem in the region,” revealed Medina.
Thus, eMerge Americas emerged, which currently stands out as the main technological event in the region and one of the highlights of the year.
During that period, they also formally entered the investment arena with the creation of Medina Capital Partners in 2014, a private equity company that invested around USD$180 million in eight companies.
