PayPal is among the limited partners for venture capital firm SV Latam Capital’s second fund, which closed earlier this week.
US-based venture capital firm SV Latam Capital (SVLC) closed its second fund at $22m on Wednesday with commitments from limited partners including digital payment processor PayPal.
Other limited partners for Fund II include wealth management firm Investment Placement Group, The Julian Grace Foundation and private investors Crystal Sacca and Chris Sacca as well as an undisclosed bank.
SV Latam typically invests in technology and science-based startups, with a focus on companies addressing societal challenges such as financial inclusion, climate change…
