Mexican venture capital firms Nazca and Bridge merged, combining Nazca’s $300M in assets under management with Bridge’s $20M. The new firm, which has not revealed its name yet, aims to become one of the biggest funds in Latin America by assets under management.
Both Nazca and Bridge invest in early-stage startups. Nazca’s portfolio includes Justo, Kavak, and Minu, while Bridge has invested in Aplazo, Cubo, and Mendel.
The new firm will start raising capital for the Nazca Fund IV in 2025, maintaining its focus on early-stage startups.
Read more on Yahoo! Finance.
