IGNIA reaches first close of IGNIA VC Fund II, targeting US$150 MM to invest in early-stage startups focusing on Latin American market

May 9, 2022, Mexico City – IGNIA announced early today the first close of their latest fund, IGNIA VC Fund II, which focuses on early-stage tech startups looking to scale in Latin America. IGNIA expects to achieve a final close with additional investors in Q3 to reach the US$150 MM target.

This new fund will invest primarily in Seed and Series A rounds in tech startups that are developing innovative business models across various high-growth sectors including fintech, e-commerce, SaaS, digital currencies, web3.0, healthtech, and proptech, among others.

IGNIA’s current fund, IGNIA VC Fund I, has produced extraordinary returns for investors, performing in the top quartile of comparable vintage VC funds globally with a portfolio including world-class companies such as Rapyd, Abra, Fondeadora, Credijusto, Takeoff, and Tiendanube. The IGNIA VC Fund II will have a similar thesis to the previous fund, partnering with world-class technology entrepreneurs that are developing technology-enabled products and services that directly address the needs of the emerging middle class in Latin America – a massively underserved market. IGNIA has proven to be the partner of choice for entrepreneurs scaling within this “hotbed” region.

About IGNIA:

IGNIA is an early-stage VC fund founded in 2007. IGNIA has since raised three funds, partnering with world-class technology entrepreneurs scaling in Latin America. IGNIA is led by an experienced partnership with over 15 years of working together, ample operating skills, and an extensive network, that add strategic value to investments.



Roberto Rumbaut

Industry & Investor Relations

Tel: +81 8000 7280

Email: rrg@ignia.vc