Mexican VC Closes Fund

Mexican VC Closes Fund

Mexico Funds

Venture capital firm Alta Ventures Mexico has closed its first fund, the $70m Alta Ventures Mexico Fund 1, it says. Alta is looking to invest in early-stage IT, telecom, education, health and energy companies. The IFC structured and invested in the fund, along with Mexican government-backed Fundo de Fundos and the IDB’s Multilateral Investment Fund (MIF). The investment comes from 29 family offices in Mexico, and other investors included US investment firm 500 Startups, the Guadalajara Angel Inv

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