Carabela

Overview

Carabela is a venture capital firm based in Guadalajara, Mexico, that invests in early-stage B2B deep-tech startups across Latin America. The firm focuses on sectors such as AgTech, AI/Machine Learning, Blockchain, CloudTech, Cybersecurity, Data & Analytics, Developer Tools, FinTech, Hardware, IoT, and SaaS. Carabela's investment strategy targets technical founder teams with prior experience scaling startups, emphasizing companies with a Minimum Viable Product (MVP) and proof of concept. The firm operates in the Pre-Seed and Seed stages, primarily in Mexico and the United States, with a strong connection to the Latin American market. Carabela's first fund, launched in 2020 with a target size of $4 million, made 16 investments. The second fund, with a target size of $20 million, aims to make 25 investments. The firm's average investment ticket ranges from $250,000 to $750,000. Carabela's mission is to back exceptional Latin American tech founders, providing them with capital and hands-on support to shape the future of entrepreneurship in the region. The team has been actively involved in the Latin American startup ecosystem since 2013, running an angel investor network, hosting incubation and acceleration programs, and organizing workshops and events to support entrepreneurs and investors across Mexico, the United States, and Latin America. Carabela's portfolio includes companies like Airbag Technologies, Nudos, KredFeed, Moffin, Foccuz, Bruna by Altum Lab, Zuru Logistics Insurtech, Peakr, Terapify, 100 Ladrillos, Nilus, Creizer, Rocketbot, and Dooper, reflecting its commitment to fostering innovation and growth in the region's tech landscape. Carabela's investment philosophy centers on partnering with entrepreneurs who challenge the status quo and operate with integrity, aiming to create a positive impact on the lives of millions in Latin America through technological innovation. The firm does not impose a minimum revenue requirement for investments, instead focusing on startups with a Minimum Viable Product (MVP) and evidence from user testing to assess market opportunity. This approach allows Carabela to support a diverse range of early-stage companies across various sectors, contributing to the dynamic and evolving startup ecosystem in Latin America. The firm's active involvement in mentoring, judging, and speaking at startup events and VC summits across Mexico, the United States, and Latin America underscores its dedication to nurturing and scaling innovative ventures in the region. With a strong foundation in Guadalajara and Houston, Carabela continues to expand its reach and impact, leveraging its extensive network and expertise to identify and support promising startups. The firm's commitment to hands-on support and strategic guidance enables its portfolio companies to navigate the challenges of scaling and achieving sustainable growth. Carabela's focus on sectors such as AgTech, AI/Machine Learning, Blockchain, CloudTech, Cybersecurity, Data & Analytics, Developer Tools, FinTech, Hardware, IoT, and SaaS aligns with its vision to drive technological advancement and economic development in Latin America. Through its investments and active engagement in the startup community, Carabela plays a pivotal role in shaping the future of entrepreneurship in the region, fostering innovation, and creating opportunities for founders and investors alike.

Investment Focus

• Technical founder teams with prior experience scaling startups
• Startups with a Minimum Viable Product (MVP) and proof of concept
• Companies operating in the Pre-Seed and Seed stages
• Businesses based in Mexico or the United States with a strong connection to the Latin American market

Portfolio Companies