Investors in Colombia

Bancolombia SA is a Colombia-based financial institution primarily engaged, together with its subsidiaries, in the banking sector. The Company provides a range of financial products and services to individual and corporate customers, which include stock brokerage, investment banking, leasing, factoring, consumer finance, fiduciary and trustservices, asset management, and insurance, among others. The Company is a parent of Grupo Bancolombia, a group present in Central America, with El Salvador's bank, Banagricola SA, off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as an agency in Miami. In April 2014, the Company acquired assets, liabilities and contracts of Factoring Bancolombia; as a result the Company holds 99.99% stake in Factoring Bancolombia.

Ashmore Management Company Colombia SAS is a private equity firm specializing direct and fund of fund investments. Within direct investments, it specializes in middle market investments, buyout, growth capital, and infrastructure-related businesses. Within fund of fund investments, it prefers to invest in private equity funds. It invests in companies that are active in in sectors like Transport, Power, Telecoms, Logistics and Social Infrastructure i.e Healthcare and Education. It also seeks to invest in Colombia, Latin America, Peru, selectively Central America and the Caribbean region. It seeks majority stakes. in Colombia. Ashmore Management Company Colombia SAS was founded in 2009 and is based in Bogota, Colombia. Ashmore Management Company Colombia SAS operates as a subsidiary of Ashmore Group PLC

We invest in pre-seed founders based in LatAm. Pygma is launching a pre-seed venture fund in Colombia for tech-based founders in Latam. Leveraging the performance of our accelerator & angel syndicate with a 3.5X MOIC in 18 months and $7.1M raised for post program startups.

InQlab invests in disruptive, scalable technology-based ventures in Colombia and Latin America, providing strategic capital and network support to effective teams transforming industries.

HTwenty is a venture capital firm specializing in early-stage and startups investments. The firm actively invest in entrepreneurs that are using technology to disrupt existing markets or create entirely new ones in the B2B Marketplace E-grocery, artificial intelligence and B2B Enterprise IT sectors. It seeks to invest in Mexico, Colombia, Ecuador and Peru. HTwenty was founded in 2019 and is based in Miami, Florida with additional offices in Mexico and Colombia.

Grupo Pegasus is a private business group that develops, manages and invests in companies in Argentina and across Latin America.Founded in 2000, Pegasus has led private investments in the healthcare, retail, agribusiness, real estate, technological, and financial sectors.With corporate offices in Buenos Aires and Bogota, Pegasus has developed a regional presence through its portfolio companies that operate in Argentina, Uruguay, Brazil, Chile, Paraguay, Bolivia, Colombia, Mexico, and the United States.

We invest in founders based in CAPUC (Chile, Argentina, Peru, Uruguay, and Colombia). We're industry agnostic, but we mostly look at deals in FinTech, AgTech, Food Tech, Marketplace, EdTech, AI/ ML, SaaS, DTC. Digital Transformation is disrupting all social interactions, changing the way we learn, collaborate, and connect with new people. We invest to solve problems at the core of our envisioned future.

Rockstart is a global accelerator-VC that empowers purpose-driven founders on their way to success across three domains: Energy, AgriFood, and Emerging Technologies.Since its inception in 2011, Rockstart has invested in more than 250 startups and its alumni value to date is €1/2bn. Rockstart is an international team of +35 professionals dedicated to empowering purpose-driven founders to become scalable and change the world for the better. Rockstart has notable exits such as Wercker, Bouw7, iClinic and in 2021 3D Hubs and Brincr. The company has offices in Amsterdam, The Netherlands, Copenhagen, Denmark and Bogota, Colombia.

Veronorte is a VC firm which invests in early-stage startups. It makes geography and sector agnostic investments. The portfolio includes Acsendo, Alkanza, Bold etc.

Krealo SpA is a venture capital arm of Credicorp Ltd. specializing in early stage, mid venture, growth capital, venture capital funds and startup investments. It builds, invests and manages fintech. It prefer to invest in technology, finance, insurance, and health sector. It provides customer-focused finance solutions. The firm typically invests in LatAm, Perú, Colombia and Chile region. The firm typically invests equity investment between $0.5 million and $10 million. It makes balance sheet investments. The company was founded in 2018 and is based in Miraflores, Peru with an additional office in Santiago De Surco, Peru.

Latin Leap is a Venture Capital Studio (VC Studio) that was established to create a unique impact investment platform to soft-land purpose-driven tech companies in Latin America and provide market access for international scale-ups to deploy in the region. The VC Studio also supports the Latin American entrepreneurship ecosystem with global humanand financial commitment and contributes to quality education by fostering knowledge-intensive businesses in the region.

EWA Capital, recently rebranded from Mountain Nazca Colombia, is in the process of fundraising EWA II ($30 Mn target), seeking to invest in early stage companies, with disruptive models in which technology is an enabler to solve a socioeconomic condition related to education, healthcare, financial services and retail in LAC. Led by women, EWA Capital acknowledges the importance of women as end customers and their power and influence over consumer spending. Through a gender smart approach the Team is committed to obtaining high returns and shaping social change by backing entrepreneurs in developing industries.

Cube Ventures is a venture capital firm specializing seed/startup and early-stage investments. It seeks to invest in educational technology, health technology, financial services and future workplace solutions. It seeks to invest in Colombia and Peru. It seeks to make investments between $0.1 million and $0.5 million with follow-on reserves extending to $1.5 million per portfolio company. Cube Ventures is based in Bogota, Colombia.

We invest in early and growth-stage companies that are cofounded by outstanding teams, are scalable, have solid unit economics, and are connected with Colombia and the rest of Latin America.

VEF AB (publ) is a venture capital firm specializing in early venture, emerging growth and growth capital investments. The firm primarily invests in modern financial services and fintech sector. The financial services sector includes payments providers, Credit, mobile money and all forms of financial marketplaces. It seeks to invest in Asia/Pacific, Africa/Middle East, European Emerging Market, Mexico, Brazil and Colombia. It typically invests in the emerging and frontier markets. It prefers to take a minority stakes and board representation. VEF AB (publ) was founded in 2015 and is based in Stockholm, Sweden with additional office in Hamilton, Bermuda; London, United Kingdom and Dublin, Ireland.

Carao Ventures is an early-stage venture capital firm based in San José, Costa Rica, founded in 2012 by Allan Boruchowicz and Adrián García. The firm focuses on investing in small and medium-sized markets across Latin America, particularly in Spanish-speaking countries such as Central America, the Dominican Republic, Colombia, Ecuador, and Peru. Carao Ventures aims to support entrepreneurs with the technical skills and determination needed to disrupt industries and create valuable companies. Their investment approach combines best practices from early-stage venture capital, angel investor networks, venture building, and startup accelerator programs. The firm has a sector-agnostic investment strategy, seeking opportunities in various industries, including biotech, healthtech, fintech, artificial intelligence, construction technology, and education. Notably, in July 2021, Carao Ventures launched a US$35 million fund to invest in early-stage startups from small and medium-sized economies in Latin America, with support from the Inter-American Development Bank (IDB) and the International Finance Corporation (IFC).

CEMEX Ventures is a venture capital arm of CEMEX, S.A.B. de C.V., specializing in investing in pre-seed, seed, early-stage, startups, growth capital, commercialization, expansion, and accelerator services. The firm primarily invests in construction and engineering, cleantech, urban development, new construction trends and technologies, technology partnerships, improving connectivity within the construction ecosystem, and reinforcing project finance resources. The firm typically invests in the construction industry with a focus on green construction including carbon capture, utilization and storage, carbon tools and calculators, circular construction and waste management, new raw material streams and composites, sustainable materials, machinery electrification, alternative fuels and new energy resources, sustainable products libraries and life cycle assessments, water efficiency, environment conservation, decarbonization and carbon sequenstration, sustainable materials and circular economy; enhanced productivity including geotechnical analysis, project tendering, project design and budgeting, planning and schedule optimization, BIM and digital twins, project monitoring and control, document management, health and safety tools, insurance and risk management, payments and finance tools, project quality, asset maintenance, and construction project life cycle; construction supply chain including procurement platforms and inventory controls, marketplaces, materials and orders tracking, fleet management, delivery and last-mile platforms, inventory management and onsite handling and workforce management, and logistics optimization; and future of construction including industry 4.0, 3D printing and additive manufacturing, industrialized and automatized construction, pre-fabrication and robotics, connected and autonomous plants and equipment, optimization of materials manufacturing, and smart buildings and cities. It prefers to invest in companies with a solution tested in the market through paid or not paid pilots. The firm prefers to invest globally. The firm prefers to invest in companies where it has operation but is not 100% limited to that. The firm also provides with an open and collaborative platform to startups, entrepreneurs, universities and other stakeholders in the construction industry. It prefers to invest from its balance sheet capital. CEMEX Ventures was founded in 2017 and is based in Madrid, Spain, with additional offices in Monterrey, Mexico; and Bogota, Colombia.

Opera Ventures is a venture capital firm specializing in early stage investments. Opera Ventures is a principal investment firm. The firm prefers to invest in tech companies. It seeks to invest in companies based in Latin America. It typically invests between $0.1 million and$1 million. Opera Ventures is based in Colombia.

Promotora S.A. is a private equity and venture capital firm specializing in seed, start-ups, emerging growth, early, mid and late venture, growth capital, recapitalizations, and mezzanine financing in middle markets. It seeks to invest in small medium enterprises and in residential security and personal safety services, agricultural products, healthcare equipment and services, air freight and logistics, commercial security and safety services, information and communication technology, life sciences, biotechnology, health, and applied engineering services. It seeks to invest between $0.05 million and $5.6 million in its portfolio companies with sales value between $1.2 million and $18.5 million The firm invests in Colombia. The firm prefers to take a minority stake, preferring a board seat in its portfolio companies and an equity stake in the transactions. It seeks to exit its investments within 3 to 6 years. Promotora was founded in 1987 and is based in Medellin, Colombia.

Solid Ventures provides equity growth capital to scale-up technology companies based in the Netherlands and Colombia, focusing on Fintech, SaaS, and sustainable solutions with over 30 years of experience.

Amador Holdings is a venture capital firm specializing in early-stage and growth capital investments. The firm prefer to invest in digital technology companies, financial services, mobility, logistics, e-commerce, healthcare, education and proptech sectors. It seeks to invest in LatAm, Central America and Caribbean, Colombia, Mexico, Peru and Ecuador. Amador Holdings is based in Panama City, Panama.

We support startup founders at the seed stage, as they use technology to disrupt established industries. We offer world-class advisory in Fintech and Logistics.

FCP Innovación is a Corporate Venture Capital fund managed by Grupo EPM, focused on investing in science, technology, and innovation projects within the public utilities sector in Colombia.

We invest in B2B Software, Marketplaces, and Fintech in LATAM

Clara Capital S.A. is a private equity firm specializing in middle market, growth capital, buyout, industry consolidation, recapitalizations, financial restructuring and successions. The firm seeks to invest in pharma, packaging, chemicals and services. The firm focuses mainly in Argentina and Uruguay but also invests in Chile, Peru, Colombia and Mexico. The firm makes equity investment between $ 5 million and $30 million. Clara Capital S.A. was founded in 2012 and it is based in Buenos Aires, Argentina.