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§ Venture Capital
MELI Capital operates as the corporate venture capital arm of Mercado Libre, making strategic investments in technology companies. It backs startups complementing Mercado Libre's e-commerce and fintech ecosystem across Latin America. The fund provides capital and strategic guidance, fostering innovation within these businesses.
Established by Mercado Libre, co-founded by Marcos Galperin, Stelleo Passos Tolda, and Hernán J. Kazah in August 1999, MELI Capital emerged from the insight that external innovation could accelerate the parent company’s mission. The fund extends Mercado Libre's commitment to expanding the digital economy by nurturing promising ventures.
MELI Capital targets early-stage and growth-stage technology companies in digital commerce, fintech, logistics, and related sectors throughout Latin America. Its long-term vision is to cultivate a vibrant, interconnected ecosystem of digital businesses. This strategy aims to drive economic development and inclusion by empowering innovative entrepreneurs.
MELI Capital has 1 tracked investment across 1 company. The latest tracked deal is $15.5M Series A in Félix in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 28, 2024 | Félix | $15.5M Series A | — | Contour Venture Partners, HTwenty, Switch Ventures |