PROJECT

Projects

Summary of Investment Information

Project Number

46196

Company Name

NAZCA III, LP

Date SPI Disclosed

Nov 29, 2021

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Jan 26, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 28, 2025

Department

Disruptive Tech, Service & Funds

Industry

Funds

Previous Events

Approved : Jan 26, 2022
Signed : Mar 9, 2022
Invested : Mar 30, 2022

Sector

Venture Capital Fund

Project Description

 The proposed investment is an equity investment of up to $15M in Nazca Fund III, (“Fund III”), an Ontario-domiciled VC fund focused on investing in early-stage technology companies in Spanish Latin America (“LAC”), predominantly Mexico.                                                  

Associated Advisory Engagement

  There are no Advisory Engagements associated with Fund III at this stage.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation