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# LatAm VC Maya Capital raises $100 million for early-stage investments
- URL: https://www.techloy.com/latam-vc-maya-capital-raises-100-million-for-early-stage-investments/
- Published: 2022-06-30T15:07:01.000Z
- Updated: 2022-12-08T01:47:47.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in Brazil

The Brazil-based venture fund, [Maya Capital,](https://www.maya.capital/) has raised $100 million in its second fund round, to invest in early-stage deals for startups in Latin America.

- The new funding is targeted at 20-30 startups in the region, with 50% earmarked for follow-on funding.
- The fund will be deployed as 50% in Brazil and 50% to startups in Spanish-speaking Latin America, unlike the first fund that had 65% to 35% respectively.
- Maya Capital offers seed to Series A startups support with hiring, market readiness, and fundraising.
- The VC invested the first fund in 29 startups across 12 sectors in Brazil, Mexico, Colombia, and Chile, with 2 becoming unicorns, Notco (Foodtech), and Merama (E-commerce aggregator).