Kaszek Ventures, one of Latin America’s first venture firms, has raised $975 million across two funds.
Specifically, the São Paulo-based firm has closed on Kaszek Ventures VI, a $540 million early-stage fund and Kaszek Ventures Opportunity-III (KVO-III), a $435 million vehicle for later stage investments.
In recent years, there has been an explosion of global investor interest in Latin American startups. The region’s startup scene saw a boom, with a large spike of fundraises in 2021 with VC capital deployed totaling $15.9 billion in 2021, (up from $2 billion in 2018) according to LAVCA. While that frenzy has tapered off some ($7.8 billion was deployed in 2022), Latin America is still ho...
