Mundi Ventures announces LatAm Fund I

VC firm Mundi Ventures announced the closing of Mundi Ventures LatAm Fund I, a $100 million venture capital fund backing the next generation of technology-driven companies expanding access to financial and health protection across Latin America and the Caribbean. The closing is anchored by IDB Invest, COFIDES, and leading regional insurance groups.

The fund will invest in early-growth companies across fintech, insurtech, healthtech, climate, and adjacent sectors. The strategy targets AI-first and deep tech companies building proprietary infrastructure, data-driven underwriting, intelligent risk models, and next-generation embedded distribution.

“Latin America is undergoing a profound digital transformation, yet access to protection remains deeply unequal. We believe the next generation of category-defining companies will seamlessly integrate financial and health protection into everyday digital experiences. By combining sector specialization with our strategic base of industry LPs, we are uniquely positioned to help founders scale solutions that expand resilience for millions across the region.” – Rafaela Andrade, Partner at Mundi Ventures.