Bancóldex and Ruta N invests in Simma Fintech+

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Medellín Venture Capital, in partnership with Bancoldex, invested $3.2M in Simma Capital’s Simma Fintech + fund.

Medellín Venture Capital is a program co-led by Medellín’s Municipality and Ruta N.

“The alliance between Bancóldex and Ruta N represents a dynamic force for the Colombian entrepreneurial ecosystem. The two organizations will combine resources and knowledge to not only drive innovation and talent development, but also contribute to the creation of a supportive environment for the emergence of new venture capital funds,” said Margarita Coronado Gómez, Director of Private Equity Funds at Bancóldex.

Simma Capital will launch Simma Fintech + fund in the third quarter of 2025, aiming to invest in over 30 startups.

Read more on Forbes Colombia.

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