Canary, a Brazilian VC firm, announced its new venture fund of $100M.
Canary has already invested in over 100 companies across Latin America with its $45M Fund I and $75M Fund II. The firm counts startups such as Buser, Facily, Trybe, and Trybe amongst its portfolio.
“We are excited to continue supporting founders in Latin America. They have taught us so much in these past years. We will keep focusing our best efforts to unlock value for our invested companies, helping them to access talent, capital, and potential clients,” said Marcos Toledo, co-founder and Managing Partner at Canary.
The new Fund III will support around 50 new startups with ambitious founders and high potential in their industry.
“At Canary, we are specialists in finding talented people, with a similar ambition to ours, and we help them in their journey,” said Isabel Gallera, Partner at Canary.
Alongside funding, the startups will benefit from ongoing mentorship and the support and expertise of the Canary team.
