Latam VCs Nazca, Bridge Merge to Combine $300 Million in Assets

Venture capital firms Nazca and Bridge announced a merger that will combine assets worth over $300 million, in an effort to expand their footprint in Latin American startups.

The Mexico-based funds are set to start raising capital for the new Nazca Fund IV this year, which will mainly focus on early-stage investments, according to a joint statement. Nazca and Bridge are aiming for the new fund to be a leader in terms of assets under management in Spanish-speaking Latin America, a spokesperson for the company said, declining to disclose the amount to be raised.