Magma Partners
Magma Partners is an early-stage stage venture capital firm that helps the best Latin American entrepreneurs launch and scale in the US market. They focus on fintech, insurance tech, and blockchain startups in Latin America, and global startups with Latin American tech teams that target the US market. Magma Partners has offices in California, Colombia, Mexico, and China, with its headquarters in Santiago, Chile. Since 2014, Magma Partners has invested in 38 companies across Chile, USA, Mexico, Colombia, Peru, Argentina, Puerto Rico, and Costa Rica. They currently investing through their second fund, Magma Fund II, a US$15M fundraised from partners in Chile, the US, and China. Magma Partners also manages the Sino-Latin American accelerator, a program designed to help Chinese entrepreneurs do business in Latin America, and vice versa.
CryptoMKT
Seed Round in 2018
CryptoMarket Inc (Founded 2016, Nov) is the exchange of Digital Assets and CryptoPayment gateway in Blockchain that integrates the main economies of the region; Chile (2016), Argentina (2017), Spain (2017), Brazil (2018), Europe Zone(2018) and Mexico (2018) connecting more than 160,000 users through 4 Digital Assets (Bitcoin, Ethereum, Stellar and EOS). During the first half of 2018, CryptoMarket closed its a Seed round of financing for USD $ 600,000 together with ConsenSys Venture and Magma Partners with the objective of expanding its presence (CryptoMarket Exchange) and integrating payment systems for the region (CryptoCompra).
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