Mexico-based venture capital firm Nascent raised $15M in the first close of its Fund II, following a $2.5M Fund I that returned 5.2x to investors.
Founded by operators from PayU, Linio, and Clau.com, Nascent invests in early-stage startups across Latin America, writing $500K checks at sub-$6M valuations with a focus on fintech, proptech, marketplaces, and AI-powered platforms.
With the new fund, Nascent will prioritize leading rounds and offering hands-on support in go-to-market, hiring, regulation, and future fundraising.
âLatin America is in the early chapters of a technology transformation story that will last for decades. We want to continue to identify and support the exceptional teams that will lead this change,â said VĂctor Noguera, General Partner at Nascent.
Nascentâs Limited Partner base includes founders from Kavak, Bitso, Merama, and Belvo.
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