MAYA Capital closes second fund with $100M for early-stage Latin American startups

Lara Lemann and Monica Saggioro of Sao Paulo–based MAYA Capital take a regional approach to investing, and their strategy is paying off. The investors raised $40 million for their first fund after starting the firm in 2018 and have now closed on $100 million in capital commitments for MAYA’s second fund.
With their first fund, they backed over 29 companies in 12 sectors across Brazil, Mexico, Colombia and Chile. Two of those investments became unicorns — food tech company NotCo and e-commerce aggregator Merama.
This new fund triples the firm’s assets under management and will enable the pair t

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