SV Latam Capital, a San Francisco, CA-based, Latina-led venture capital firm focused on tech and science startups, closed Fund II, at $22m.
Crystal Sacca, an early investor in Uber and Blue Bottle Coffee through Lowercase Capital and the co-founder of Lowercarbon Capital, and her husband, Chris Sacca, a legendary VC, company advisor and entrepreneur who invested in seed and early-stage companies such as Instagram, Twitter and Uber — have joined as new LPs for Fund II. Other LPs in Fund II include PayPal, IPG (Investment Placement Group), The Julian Grace Foundation and a world-renowned bank.
Led by Consuelo Valverde, founder and managing partner, SVLC invests in startups that are good for people and the planet and led by entrepreneurs who are committed to solving massive challenges such as mitigating climate change, reducing world hunger, discovering new treatments to chronic and age-related diseases, boosting financial inclusion and strengthening SMBs (small to medium-sized businesses) in emerging markets.
A serial entrepreneur who turned into a VC, Valverde is an electrical engineer with a master’s degree in computer science and another one in science entrepreneurship. She founded her first tech company at the age of 21, a PC manufacturing company and IT training center in Mexico where she was born.