Seedstars Capital & iThink VC forge strategic partnership to boost tech innovation in Latin America’s emerging ecosystems

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Seedstars Capital & iThink VC forge strategic partnership to boost tech innovation in Latin America’s emerging ecosystems

AUGUST 20, 2024

Seedstars

August 20, 2024 - Seedstars Capital the global alternative investment platform specializing in emerging markets, and iThink VC, a venture capital firm based in Paraguay focused on Latin America's nascent ecosystems, today announced a strategic partnership aimed at nurturing early-stage companies and addressing critical regional challenges in Latin America.

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This collaboration marks a significant step in iThink VC's mission to drive innovation and economic growth in Latin America’s emerging tech ecosystems. By joining the Seedstars Capital platform, iThink VC gains access to a global network of mentors, resources, and limited partners enhancing its capacity to identify, invest in, and support high-potential ventures across Latin America.

Juan Cruz Valdez Rojas, General Partner of iThink VC, commented on the partnership: "We are thrilled to join forces with Seedstars Capital. This collaboration will significantly amplify our capabilities to support portfolio companies by leveraging Seedstars Capital's global network and resources, this increases their success chances and therefore our ability to achieve the expected returns for our investors”.

The partnership focuses on Spanish-speaking countries in Latin America, with a particular emphasis on Paraguay, Bolivia, Ecuador, Uruguay, and Peru. iThink VC targets ventures in the pre-seed and seed stages across various sectors, including health, finance, food and agriculture, education, e-commerce, mobility and logistics, future of work, and SaaS B2B.

Benjamin Langer, Partner at Seedstars Capital, expressed enthusiasm about the collaboration: "We are excited to welcome iThink VC to the Seedstars Capital platform. This partnership aligns perfectly with our vision to support thriving entrepreneurial ecosystems in emerging markets. By combining our global reach with iThink VC's local expertise, we can make a significant impact in Latin America's tech landscape."

The partnership brings substantial benefits to iThink VC's portfolio companies. Companies will gain access to Seedstars Capital's global network of mentors and industry experts, opportunities for international expansion, and various resources to accelerate their growth. Additionally, portfolio companies will benefit from valuable perks, including software discounts and tailored support programs designed to address the unique challenges of scaling in emerging markets.

Jazmin Gustale Gill, General Partner at iThink VC, highlighted the potential impact: "This partnership goes beyond funding. It's about creating a supportive environment where companies can thrive and make a tangible difference. With Seedstars Capital's support, we can offer our portfolio companies unparalleled opportunities for growth and expansion."

iThink VC has already invested in several prominent companies that exemplify its mission. Notable investments include Kilimo, an impact-driven venture that recently closed its Series A round, which helps farmers optimize water usage in agriculture through remote monitoring and data analysis. Another standout is DeltaX, a Bolivian company that has secured funding from top regional investors by focusing on innovative solutions for the logistics sector.

Recent investments in PriceLab, Mobi, and BucksApp further showcase iThink VC's commitment to supporting diverse and impactful companies across various sectors in the region.

The partnership between iThink VC and Seedstars Capital represents a significant step towards fostering a more robust and innovative tech ecosystem in Latin America's emerging markets. By combining local expertise with global resources, the collaboration aims to unlock new opportunities for entrepreneurs and drive sustainable economic development across the region.

For more information about iThink VC and its partnership with Seedstars Capital, visit their website at https://www.ithinkvc.tech/.

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ABOUT SEEDSTARS CAPITAL

Seedstars Capital is an alternative investment platform specialized in emerging markets. The Seedstars Capital venture capital platform partners and invests in emerging venture capital fund managers active in complementary sectors in the Pre-Seed to Series A stages across emerging markets and makes direct co- and follow-on investments in their portfolio companies. For more information, visit seedstars.com/funds.

ABOUT ITHINK VC

iThink VC is a venture capital firm based in Paraguay that invests in purpose-driven entrepreneurs developing technology-based solutions to Latin America's most pressing challenges, with a special focus on Paraguay, Bolivia, Ecuador, Peru and Uruguay. For more information, visit https://www.ithinkvc.tech/.

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