Alive Ventures closes $55M fund

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Colombian impact investment firm Alive Ventures closed its second fund, ALEG II, at $55M. Aleg II investors include Proparco, FMO, Impact Fund Denmark, Dutch Good Growth Fund, MacArthur Foundation, Acumen, Bancoldex, Cofide, Sonen, Fundación Bancolombia, and Fundación WWB Colombia.

Alive Ventures invests in early growth-stage companies, especially pre-Series A and Series A startups focused on financial inclusion and climate solutions.

With ALEG II, Alive plans to build a portfolio of around 15 companies, with a focus on Colombia and Peru.

Alive Ventures has invested in 11 startups, including Agricapital, Finmaq, Creditu, Prestamype, Hybrico, and Solfium.

Read more on Startups Latam.

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