Investment in Kaszek Ventures V & Opportunity II

We have invested in Kaszek Ventures V & Opportunity II. The firm was founded in 2011 by Hernan Kazah and Nicolas Szekasy, who are the founders of the online marketplace MercadoLibre. That company currently has a market capitalization of approximately 70 billion U.S. dollars and is traded on the Nasdaq.

Kaszek Ventures is headquartered in Argentina and is one of the leading technology and venture capital funds in Latin America. The firm has already invested in 87 companies and boasts a very strong track record. Its investments include, for example, companies such as Nubank, the world’s largest neobank, and Kavak, Mexico’s first unicorn.