September 30, 2022 |
Prosus Ventures, a division of investment firm Prosus, may deploy up to $50 million to fund start-ups in Latin America before the end of the year, Diego Galvez, head of investments in the region, told LatinFinance on Thursday.
"From our side, there is a lot of flexibility. Our initial commitment is like $5 million to $15 million, but going forward it can be [up to $50 million], Galvez said, adding that the firm will invest mainly in Brazil, Mexico, Colombia, Chile and Peru.
Mexico is often the "
VC firm may to deploy up to $50 mln in start-ups in Brazil, Mexico, Colombia, Chile and Peru, says the head of investments for the region