Amplo, a Colombian fund management company focused on impact investment projects, has acquired a 100% stake in Medellin-based VC fund Velum Ventures.
With this acquisition, Amplo has established itself as one of the leaders in high-impact investments in Latin America. The investment firm plans to expand its reach through investments with a high environmental impact through the use of digital technologies.
With the acquisition of Velum, they added early-stage investment focused funds led by investors like IDB, Bancoldex, Ruta N and Sura to a portfolio of startups including Hogaru, Merqueo and Fluvip.
Since 2018, Amplo has mobilized capital initiatives in activities such as responsible agribusiness, healthy food, sustainable tourism and women’s empowerment.
“In the case of Impact Funds, the responsibility is not only on the investor, but also on its environment and ecosystem, with an obligation to create inclusive and sustainable development. and is expected to reach $100 million by 2025.”
Amplo CEO and Founder David Sanchez said:
According to David Sanchez, CEO and founder of Amplo, the fund will invest more than $100 million over the next three years to address inclusive and sustainable development gaps in a beneficial way, not only in Colombia but throughout Latin America. We plan to mobilize