NXTP closed its largest fund, NXTP III, with $98M to support B2B startups across Mexico and Latin America.
Investors of NXTP III include leading US and global institutional funds, regional fund-of-funds, family offices, high-net-worth individuals, and tech founders in Latin America, the United States, and Europe.
“Despite the recent headwinds in global venture capital funding, we have closed our largest fund to date, reaffirming our track record and long-term investment strategy,” said Darly Bendo, Managing Partner at NXTP.
Founded in 2011, NXTP has offices in Buenos Aires, São Paulo, and Mexico City, and invests from $500K to $5M in pre-seed, seed, and Series A startups.
NXTP has invested in over 130 companies, including six unicorns and over 30 companies sold.