IGNIA gets another $13.6M for Latin American investment
IGNIA, a venture firm targeting companies that help Latin America’s poor, has raised another $13.6 million. That brings the total amount for its first fund to $34.2 million.
Co-founder and managing partner Alvaro Rodriguez Arregui told me in June that his goal is to take microfinance (i.e. trying to do good by giving small loans to traditional businesses) to the next level. By adopting a model that’s closer to typical venture capital and making investments of… Continue Reading