Nazca: Best ESG Transformative Technology Investment Team Latin America 2022
Nazca was created for entrepreneurs by entrepreneurs. Since its launch in 2014, the VC firm was focused on providing Latin American founders with the funding, networking and knowledge sharing to propel their business forward. It targets bold leaders with tech-enabled business models in fintech, mobility, education, health, e-commerce, among others. Nazca walks hand-in-hand with start-ups as they seek to scale, providing early-stage capital, guidance and an environment conductive to growth. The fund manager aims to uplift entrepreneurs while laying the groundwork for tech-enabled ecosystem in Latin America. Nazca’s investments generate meaningful impact in most Latin American countries, such as Mexico, Peru, Chile, Colombia and Argentina. The IFC announced a $10m equity investment in Nazca’s second fund in July 2020 and a $15m investment in its third fund in June 2022. The Nazca III fund surpassed its target size of $150m. Nazca refers to IFC’s recurrent backing as a catalyst for the transformation of industries across Latin America. It has embraced ESG from the onset, and the companies in its portfolio share that same passion. One of its start-ups is tackling private- and public- sector problems using data science. Others are addressing last-mile logistics, circular economies, carbon credits, on-demand learning, smart mobility and financial inclusion. The CFI.co judging panel – inspired by the firm’s values system and success stories – announces Nazca as the 2022 award winner for the Best ESG Transformative Technology Investment Team (Latin America).
