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

Proeza Ventures Raises US$50m for Mobility Focused Companies

January 13, 2020

Grupo Proeza launched Proeza Ventures, a US$50m corporate venture capital vehicle focused on mobility investments.

(Press Release) Monterrey, Mexico – Proeza Ventures, a Houston, Texas and Monterrey-based venture capital firm, announced that it has raised its first fund, Proeza Ventures I (P.V). Proeza Ventures will invest exclusively in mobility-focused start-ups, becoming the largest Latam-established fund in this space.

P.V is backed by Grupo Proeza, a portfolio management company with two global platforms operating in the mobility and agroindustry sectors. Within its mobility platform Grupo Proeza owns Metalsa, a Tier-1 supplier of structural automotive products for light and commercial vehicles and the current market leader in frames for light trucks in North America. Metalsa has over 60 years of deep industry experience with global manufacturing and operating presence.

“Our mission is to discover and invest in visionary founders building early stage startups transforming the way in which we think about mobility and with whom we can partner to make a more sustainable world”, said Rodolfo Dieck, Managing Director at Proeza Ventures.

P.V has a fully independent mandate to search for and invest in the most innovative and scalable ideas around mobility. It plans to deploy its capital into 12 to 15 start-ups raising early and growth stage financing covering the full mobility value chain, from industrial tech (automatization, 3D printing) and smart components to MaaS and digital data services. “We expect to be writing first time checks in the range of US$500k and up to US$2 million reserving enough capital to support companies in their development trajectory”, said Dieck.

Proeza Ventures plans to leverage its parent’s global platform to help its portfolio companies access its strong network of partners worldwide, potential customers, distribution channels, and its unique capabilities and technologies and understanding of technological roadmaps and trajectories.

“We back entrepreneurs with an ambitious vision and the grit and operational skills to execute their business plan and transform the sectors they participate in. We expect to help them leverage our deep expertise in mobility, our unique platform and network”, said Enrique Marcelo Zambrano, principal at P.V.
Rodolfo Dieck (left) and Enrique Zambrano (right).

Proeza Ventures has invested in Autotech Ventures I, a mobility-focused Bay area fund, Indigo Technologies, a Boston-based company developing a next generation in-wheel e-motor, and a stealth micro mobility company that is disrupting the scooter ecosystem.

Proeza Ventures Raises US$50m for Mobility Focused Companies was last modified: January 15th, 2020 by Editor
AgroindustryDigital DataEnrique Marcelo ZambranoFundFundraisingIndustrial TechMetalsaMexicoMobilityProeza VenturesRodolfo DieckstartupsTechnology
0
Facebook Twitter Google +

Categories

  • Deals
  • Exits
  • Regulatory
  • M&A
  • New Funds & Firms
  • Partnerships

Sign up for LAVCA’s bi-weekly Latin American Private Capital Update and the LatAm Venture Bulletin, produced specifically for venture investors, entrepreneurs, and technology startups in the early stage ecosystem.






Which LAVCA Newsletter would you like to receive?

Tweets

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

    27-Jan-2023

    Reply Retweet Favorite
  • #VC investment in #LatAm in 2022 reached USD7.5b, according to preliminary LAVCA data. Stay tuned for LAVCA’s yea… https://t.co/kAqAuL8Iq5

    23-Jan-2023

    Reply Retweet Favorite
  • January 20 is the last chance to register for "ESG in Venture and Tech Investing," the latest training in the LAVCA… https://t.co/UrbfcPgM7l

    19-Jan-2023

    Reply Retweet Favorite
  • Submissions for the 2023 LAVCA ESG Deal Awards are closing on January 20, 2023. LAVCA's ninth annual showcase will… https://t.co/AIu4FVKxT6

    11-Jan-2023

    Reply Retweet Favorite
  • Thank you for your continued support and commitment to grow private capital investment in Latin America. We look fo… https://t.co/AHA1txwyJZ

    30-Dec-2022

    Reply Retweet Favorite

Keep in touch

Twitter Linkedin Youtube

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