LAVCA EVENTS

LAVCA Week 2025

Thank you to all LAVCA Members and the global investor community from Latin America and beyond for joining us at LAVCA Week 2025. We hope this year’s discussions and programming offered valuable insights and connections. A special thanks to our sponsors and distinguished speakers for their expertise and support in making the event a success.

Save the Date for LAVCA Week 2026, taking place on 19-21 October 2026 in New York City.

MEMBER PROFILE

Nicolás Szekasy

LAVCA recently spoke with Nicolás Szekasy, Co-Founder and Managing Partner of Kaszek, about the firm’s evolution since its founding in 2011 and the key moments that shaped its investment philosophy. Nicolás discussed Kaszek’s approach to developing future investment leaders and emerging themes in Latin American venture capital, including the rise of AI and the region’s maturing startup ecosystem.

DEAL CASE

DNA Capital | Sanar

In February 2020, DNA Capital invested in Sanar, a Brazil-based digital healthcare education platform offering high-quality and affordable training for medical students and physicians.

With DNA Capital’s support, Sanar expanded into postgraduate education, launching hybrid programs in Psychiatry, Cardiology, Emergency Medicine and other fields that prepare licensed physicians for competitive residency placements and specialization exams. The company also acquired Cetrus, a leading provider of advanced medical training, further amplifying its social impact by combining education with direct patient care. In 2024 alone, Sanar provided free medical services to more than 65,000 patients. Following DNA Capital’s entry, monthly course enrollment has grown from 19,900 to over 69,000 physicians and medical students.

◼︎Siguler Guff reached a USD439m final close for its third fund focused on loans secured by legal claims against Brazilian government entities. #PrivateCredit

◼︎ Vinci Compass agreed to acquire Brazil-based Verde Asset Management, a leading multi-asset manager with BRL16b (~USD2.9b) under management. #PE

◼︎ ArtCap Strategies led a USD50m syndicated loan for Telconet, an Ecuador-based telecommunications company. #PrivateCredit

◼︎ General Atlantic led a USD40m investment in Bold, a Colombia-based payment platform for SMEs, with participation from the IFC, InQlab and Cóndor Inverlink. #VC

◼︎ OIF Ventures and Sun Hung Kai & Co led a BRL160m (~USD30m) investment in Pagaleve, a Brazil-based BNPL platform. #VC

◼︎ F-Prime led a USD30m Series B for Kanastra, a Brazil-based capital markets infrastructure platform, with participation from the IFC, as well as follow-on from KASZEK, Valor Capital Group, Quona Capital and others. #VC

◼︎ Sierra Ventures, Liquid 2 Ventures and Daniel Servitje (Grupo Bimbo) led a USD22m Series A for Eden, a Mexico-based radiology operating system. #VC

◼︎ F-Prime and Parafi led a USD20m Series B for Lemon, an Argentina-based digital crypto wallet, with participation from Endeavor Catalyst and others. #VC

◼︎ Prosus Ventures led a BRL85m (~USD16m) Series A for Lastro, a Brazilian AI agent for the real estate industry, with participation from Endeavor Scale-Up Ventures, FJ Labs and others. #VC

◼︎ EIG's Prumo Logistica agreed to sell a 70% stake in Brazil-based crude-terminal operator Vast Infraestrutura to China Merchants Port Holdings for USD448m. #RealAssets

◼︎ Credicorp Capital provided a COP72b (~USD18.5m) senior loan to Colombia-based Universidad Manuela Beltrán. #PrivateCredit

◼︎ Gramercy Funds Management provided an undisclosed senior secured loan to Rappi, a Colombia-based super app. #PrivateCredit

LAVCA RESEARCH