Argentina-based YPF has set up a corporate venture capital subsidiary, YPF Ventures, and will conduct international and local deals respectively through Argentina Energy Bridge Fund and YPF Early Stage Fund.
Argentina-based oil and gas producer Yacimientos Petrolíferos Fiscales (YPF) has created a corporate venturing arm called YPF Ventures that will invest through two vehicles: Argentina Energy Bridge and YPF Early Stage Fund.
Growth equity fund Argentina Energy Bridge will focus on cross-border investments while the seed-stage YPF Early Stage Fund will partner local entrepreneurs to strengthen the energy and cleantech innovation ecosystem in Argentina.
YPF Ventures intends to provide up to $4m for each deal, having already invested in Argentina-based…