Carïcaco, Newtopia VC, and Carao Ventures announce new partnership to support Central American startups

Three major players in the Latin American startup ecosystem have joined forces to provide support and funding for startups in the region. 

Carïcaco, a business accelerator based in Costa Rica, supports entrepreneurs in their business ventures. The accelerator has so far promoted 200 entrepreneurs in the country.

Newtopia VC, an Argentine VC fund, is investing in high-potential tech startups across Latin America. The fund launched in August 2021 and is focusing on early stage investments from pre-seed to Series A.

Carao Ventures, a Costa Rican early-stage VC firm, focuses on SMEs across Latin America. The firm is particularly focused on tech startups.

According to the Global Entrepreneurship Index, Costa Rica is leading in first place in terms of new entrepreneurs in the region with 800 new registrations each year. 

The three companies will work collaboratively to support and promote the growing startup ecosystem erupting in Central America. Between them they will provide mentoring, networking and investment opportunities, as well as industry expertise.

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