Impact Ventures PSM, the investment arm of Promotora Social México (PSM), and Impacta VC launched Impact Ventures PSM Fund.
Impact Ventures PSM is a $5M fund that will invest $100K to $300K in 20 Latin American pre-seed and seed-stage startups tackling social and environmental challenges, particularly in education, health, housing, agriculture, financial inclusion, and climate.
Impacta VC has invested in 11 startups to date, including Airbag, Betterfly, and Carrot, while Impact Ventures PSM has invested in 21 startups and 10 funds across Latin America and the US, including Iluméxico, Magneto, and Minu.
Read more on DFSud.