FOMIN

Velum Ventures, FOMIN, XTP1, Grupo Generaciones, and DGGF (Dutch Good Growth Fund) made a US$3.6m investment in Colombian fintech platform Sempli. (Press Release) With this investment, Sempli will finance its…

The MIF/FOMIN and Impact Hub Global partnered to invest up to US$1.5m in up to 180 entrepreneurs from El Salvador, Honduras, and Nicaragua. (El Economista) Un acuerdo de cooperación entre…

Despite its status as one of the fastest growing economies in the world, Peru has traditionally ranked lower than its Latin American counterparts in terms of the development of the venture capital ecosystem. In fact, until recently Peru had almost no country-dedicated VCs and between 2011-2015 consistently captured fewer venture investment dollars than Argentina, Brazil, Chile, Colombia, and Mexico, according to LAVCA Data. Where does Peru stand as of 2017, in terms of a mature VC ecosystem?

This month, the MIF Donors Committee approved an investment of an investment of US$5m to EcoEnterprises Biodiversity Fund, which has a target of US$80m. Through this project, the MIF intends…

(IADB) FOMIN, a member of the International Development Bank, has approved the investment of US$4m in a new Angel Ventures fund that aims to offer investment and professional guidance to…

(Anjos do Brasil) Anjos do Brasil (Angels of Brasil) made its first investment in research software startup Postmetria after its entry in FOMIN’s Xcala project coordinated by IEMM (Instituto de…

(Press Release) The Multilateral Investment Fund (MIF), member of the Inter-American Development Bank Group (IDB), will hold the third annual WeXchange, the leading Latin American forum dedicated to connecting and…

IDB/MIF (the Multilateral Investment Fund of the inter-American Development Bank) and NXTPLabs announced the launch of the Pitch Competition to elect the brightest Women Entrepreneurs with companies operating in Latin America and the Caribbean.

(FOMIN) The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, has approved a $5 million equity investment in Velum Early Stage Fund I, a Colombian…

(Press Release) The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, has approved a $5 million equity investment in the Quality to Education (Q2E) Fund,…