Seedstars (a global organization dedicated to supporting startups and entrepreneurs in emerging markets) and Redwood Ventures (a leading venture capital firm in Mexico) announced a strategic partnership to foster innovation and accelerate growth in the Latin American startup ecosystem.
This partnership combines Redwood Ventures’ deep footprint in Latin America’s tech sector with Seedstars’ global expertise in nurturing startups in emerging markets. And the collaboration aims to create a robust ecosystem for innovation, driving significant economic and social impact across the region.
Redwood Ventures built its reputation by focusing on post-Seed and Series A investments. The fund’s industry-agnostic approach, along with a broad network of strategic investors, including corporations and business leaders, has enabled a diverse and dynamic portfolio, underscoring its commitment to fostering startups capable of challenging and transforming traditional industries.
This partnership comes from a shared vision for propelling Latin America to the forefront of global innovation. And this collaboration leverages Seedstars Capital’s extensive network and resources, enhancing Redwood Ventures’ capacity to identify, invest in, and nurture high-potential startups across the region.
Seedstars Capital brings an extensive global network and venture capital expertise across emerging markets to this partnership. And the managers under the platform manage well over $200 million in assets and have completed over 150 investments in more than 40 countries. Along with Redwood Ventures, the platform includes funds such as Seedstars International Ventures (SIV) focused on global emerging markets, and Seedstars Africa Ventures (SAV) that targets the Africa region and iThink VC, focused on early stage companies in South America. Plus, Seedstars Capital also manages direct investment mandates, including the Seedstars Youth Wellbeing Ventures Fund in Africa and partners with corporations to design and launch their own venture capital strategies. With this partnership, Redwood Ventures gains access to this expansive network, enhancing its position in the dynamic Latin American startup ecosystem.
Redwood Ventures Fund II already features a portfolio of innovative companies such as Remitee (Argentina), Smartbeemo (Colombia), Minu (Mexico), Boletomovil (Mexico), Parco (Mexico), exemplifying the diverse range of sectors and solutions supported, and the commitment of leveraging technology to solve pressing challenges, enhance efficiency, and open new opportunities in the LATAM market.
This partnership is ready to create unparalleled opportunities for startups and entrepreneurs, offering them access to vital resources, mentorship, and investment to drive their success. And by combining Redwood Ventures’ local expertise with Seedstars’ global reach, the alliance aims to bridge the gap between Latin American innovation and international markets, providing a powerful platform for growth and expansion.
KEY QUOTES:
“This partnership strengthens our commitment to foster a transformative tech ecosystem in Latin America and empowers us to broaden our impact, supporting startups that not only thrive commercially but also contribute positively to society. It is a demonstration of our commitment over the philosophy of active collaboration, with the firm belief that together we can go further.”
-Alejandro Gonzalez, Managing Partner at Redwood Ventures
“Our alliance with Redwood Ventures is a testament to our belief in the growth and strengthening of the Mexican venture capital ecosystem and its transformative power, in this case out of Guadalajara. The partnership is also fully aligned with our work of building a network of impactful emerging managers uncovering highly attractive opportunities across emerging markets and generating strong financial returns for our investors.”
-Benjamin Langer, Partner at Seedstars
