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

Instrumento del Fondo Multilateral de Inversiones

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

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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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