LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Quasar Ventures Launches With $5.4 Million Influx Led By Emergence Capital

March 28, 2013

(PR Newswire) Quasar Ventures(TM), a new technology company builder led by former Officenet executives Andy Freire, Santiago Bilinkis and Pablo Simon Casarino, announced today that it has begun operations with $5.4 million (USD) in outside investment from a group of strategic investors led by Silicon Valley venture capital fund Emergence Capital Partners. Using a growth model that varies dramatically from incubator approaches, Quasar Ventures plans to use its outside investment to develop ten new technology companies globally in the coming four years.

Quasar, the first company-builder in Latin America, is introducing a novel concept into the region called “parallel entrepreneurship.” The format turns the typical startup formula on its head by identifying robust business models, selecting them as projects, and then getting the best entrepreneurs to partner in order to implement them. Quasar offers the seed capital as well as its global network to ensure proper financing of each startup.

“It is because of these distinctive traits that Quasar is neither an investment fund nor an incubator. We are an experienced group of entrepreneurs with the mission of building groundbreaking and successful technology companies by bringing together robust business models and talented entrepreneur teams,” says Quasar Ventures founder and CEO Pablo Simon Casarino.

Quasar’s innovative approach, based on its partners’ entrepreneurial experience around implementing ideas and building high-impact companies, extends to its method of selecting entrepreneurial partners. Because human capital is a fundamental pillar, the ideal Quasar entrepreneur must have a cluster of unique personal and professional skills: he/she must be intellectually brilliant, ambitious, creative and an extraordinary leader. Quasar plans to find entrepreneurs with an edge who are able to produce a dramatic global impact as leaders of the ten companies that will be built in partnership with the firm in the coming years.

Besides Emergence Capital Partners, other successful and renowned strategic partners have joined Quasar in this effort. Some of them are Peter Kellner, Martin Migoya and Guibert Englebienne, Alejandro Tamer and Roby Souviron, CAP Ventures, Wenceslao Casares and Micky Malka, Alex Mendez, Silvia Torres Carbonell, Veronica Serra from Pacific Investimentos and Gustavo D’Alessandro.

“Having worked with members of the Quasar team for over 15 years, we are convinced that Quasar’s entrepreneurship model is the most robust option for building groundbreaking and successful technology companies in Latin America. We deeply trust this group of renowned entrepreneurs, and we hope to continue to build exciting things together in the future,” says Emergence Capital Partners Principal Santiago Subotovsky.

Quasar Ventures Launches With $5.4 Million Influx Led By Emergence Capital was last modified: April 21st, 2013 by Editor
Emergence CapitalQuasar VenturesSeedVenture Capital
0
Facebook Twitter Google +

Tech Growth Membership

The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

VC Partner Events

    Tweets

    • Check out this week's top #startup deals and news on emerging tech in #LatAm from LAVCA's #LatAmVentureBulletin:… https://t.co/EGqcpaNmtM

      24-Mar-2023

      Reply Retweet Favorite
    • Check out this week's top #startup deals and news on emerging tech in #LatAm from LAVCA's #LatAmVentureBulletin:… https://t.co/qbcww648hh

      10-Mar-2023

      Reply Retweet Favorite
    • This International Women’s Day, LAVCA celebrates top and emerging women in Latin American Tech. View list of 2022… https://t.co/VRQB1FYtCJ

      08-Mar-2023

      Reply Retweet Favorite
    • LAVCA's Director of Research Emanuel Hernandez presented insights on the latest industry trends from LAVCA's recent… https://t.co/KKNTZ4ErNB

      08-Mar-2023

      Reply Retweet Favorite
    • LAVCA's Executive Director @naitafur led a discussion on the regional investment outlook during a panel entitled “V… https://t.co/LGgkBUfNpF

      08-Mar-2023

      Reply Retweet Favorite

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].

    VC Industry News

    • El Trueno-backed Caricaco Invests Pre-Seed Round for Costa Rica’s Listo

      March 22, 2023
    • monashees Leads USD14.5m Series A for Brazil’s Mecanizou

      March 21, 2023
    • Caravela Capital Reaches First Close for Latin America-focused Early Stage Fund

      February 22, 2023
    • Crescera Capital and EDP Brasil Invest ~USD2.7m in Brazil’s 77Sol

      February 15, 2023
    • Kamay Ventures Invests in Colombia’s and Mexico’s Ruedata

      February 7, 2023
    • BNDES Invests ~USD32m in Brazil’s Tembici

      February 3, 2023
    • Lightspeed Venture Partners Leads USD13m Series A for Mexico’s Beek

      February 2, 2023
    • Magma Partners Leads USD8.5m Round for Mexico’s Zenfi

      January 23, 2023
    • DILA Capital announces the final closing of its new fund, DILA IV, for USD115m

      January 17, 2023
    • Amplifica Capital Reaches USD11m Final Close for Venture Fund

      January 17, 2023

    About LAVCA

     

    LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

    LAVCA Office

        New York City:
        589 8th Ave, 18th Floor
        New York, NY 10018

    Explore LAVCA.org

    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact Us
    • Membership Benefits
    • Members Only Access
    • Education and Programs
    • Research
    • Policy
    • LAVCA VC
    • Contact Us

    @2020 - LAVCA. All Rights Reserved.


    Back To Top