Cometa

Cometa is a prominent early-stage venture capital firm based in Mexico City, Mexico, dedicated to investing in high-growth technology companies across Spanish-speaking markets. The firm primarily targets startups in Latin America, leveraging its deep understanding of the regional ecosystem and its unique challenges and opportunities. With a strong emphasis on supporting founders from the ground up, Cometa positions itself as a strategic partner rather than just a capital provider, aiming to foster innovation and scale disruptive businesses within the region.

The firm's investment strategy focuses on pre-seed and seed-stage companies, identifying promising ventures early in their development cycle. Cometa recently announced the successful close of its second fund, Cometa II, securing $60 million in capital to deploy into the burgeoning LatAm tech scene. This significant fund size underscores the firm's commitment and capacity to make impactful investments. Typically, Cometa's first cheques range from $500,000 to $2 million, providing crucial initial capital for startups to achieve key milestones and accelerate their growth trajectories.

Cometa's founding team, including notable entrepreneurs like Ricardo Weder (co-founder of Cornershop), brings invaluable operational experience and a founder-centric approach to their investment philosophy. This background allows them to offer more than just financial backing, providing strategic guidance, access to extensive networks, and hands-on support to their portfolio companies. By combining substantial capital with practical expertise, Cometa aims to empower the next generation of technology leaders in Latin America, helping them navigate the complexities of scaling in dynamic markets.