Michael Weber, Cyrine Ben Fadhel, and Benjamin Langer
Seedstars Capital and iThink VC announced a partnership on August 20, 2024, to support early-stage companies in emerging Latin American tech ecosystems. The alliance focuses on Spanish-speaking countries, particularly Paraguay, Bolivia, Ecuador, Uruguay, and Peru. iThink VC invests in pre-seed and seed-stage startups across sectors including health, fintech, food and agriculture, education, e-commerce, mobility, logistics, future of work, and B2B SaaS.
The collaboration provides iThink VC access to Seedstars Capital’s global network of mentors, resources, and investors. This expands iThink VC’s capacity to identify, invest in, and support ventures in Latin America. Portfolio companies will gain access to Seedstars Capital’s global mentor and expert network, potentially facilitating international expansion and growth acceleration.
Juan Cruz Valdez Rojas, General Partner of iThink VC, stated that the collaboration will enhance their ability to support portfolio companies by leveraging Seedstars Capital’s global network and strategic connections. Benjamin Langer, partner at Seedstars Capital, expressed that the alliance aligns with their mission to foster entrepreneurial ecosystems in emerging markets.
iThink VC has invested in companies such as Kilimo, which closed its Series A round and develops technology for water use optimization in agriculture through remote monitoring and data analysis. Another investment is DeltaX, a Bolivian company that secured funding from regional investors for its logistics sector solutions. Recent investments in PriceLab, Mobi, and BucksApp further demonstrate iThink VC’s investment activities across various regional sectors.
The partnership aims to provide startups with access to mentorship, potential international expansion opportunities, and resources for growth. Jazmin Gustale Gill, General Partner of iThink VC, emphasized that the collaboration extends beyond funding to create a supportive ecosystem for companies.
For more information about iThink VC and its partnership with Seedstars Capital, visit https://www.ithinkvc.tech/. Seedstars Capital, an alternative investment platform specializing in emerging markets, partners with and invests in emerging venture capital fund managers in complementary sectors from Pre-Seed to Series A stages across emerging markets. Additional information is available at seedstars.com/funds.
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