Cantera Capital I: Supporting Entrepreneurs Solving Problems in Health, Education and Agriculture
Through the proposed investment in Cantera I, IDB Lab seeks to support one of the first funds in the region that will invest in startups that develop deep-technology based solutions to solve three crucial problems present in Latin America: food scarcity (AgTech/FoodTech), and lack of quality health (Health/MedTech) and education provision (EdTech), with a particular focus on building bridges between LATAM entrepreneurs and the Israeli ecosystem. Cantera is also one of the unique early stage funds in the region led by women (three of their five-member GP team are female, including Sandra Sainz, its founder), with high potential for demonstration effect in the industry.

Project Detail

Country

Regional

Project Number

RG-Q0056

Approval Date

December 11, 2019

Project Status

Cancelled

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

INTEGRATED REGIONAL/LOCAL ECONOMIC DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 30,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 4,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-17813-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-17813-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1303353128-2
Donors Memorandum
RG-Q0056 - Project Summary.pdf
Jul. 12, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-1303353128-3
Donors Memorandum
RG-Q0056 - Resumen del proyecto.pdf
Jul. 12, 2020
Spanish

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