# Investors based in Paraguay (2026 list)

> 15 investors based in Paraguay. Led by iThink VC, Cibersons Ventures, Asociación Paraguaya de Venture Capital (PARCAPY). Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-paraguay (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Paraguay

Updated 7 November 2026

Firms headquartered in Paraguay, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Paraguay.

[See all 15 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-paraguay)The top 15

**15** investors on the list No change this week

**0** cheques in 12 months Too few cheques to tell

**$1.8M** median round they joined *-77%* against the market median

**0%** wrote a cheque in 12 months

**7%** have led a round

## The Top 15

Ordered by cheques observed, never by anything anyone paid for

- 1 [iThink VC](https://millionrounds.com/fund/ithink-vc) quiet VC firm · Paraguay **3** **$1M** median round **Oct 2025** last seen
- 2 [Cibersons Ventures](https://millionrounds.com/fund/cibersons) quiet VC firm · Paraguay **1** **$2.6M** median round **Apr 2025** last seen
- 3 [Asociación Paraguaya de Venture Capital (PARCAPY)](https://millionrounds.com/fund/asociacion-paraguaya-de-venture-capital-parcapy) unknown VC firm · Paraguay **none observed** **-** median round **-** last seen
- 4 [Astra Capital](https://millionrounds.com/fund/astra-capital-3) unknown Private equity · Paraguay **none observed** **-** median round **-** last seen
- 5 [Cadiem Casa de Bolsa](https://millionrounds.com/fund/cadiem-casa-de-bolsa) unknown Investment firm · Paraguay **none observed** **-** median round **-** last seen
- 6 [Fellowship Lab](https://millionrounds.com/fund/fellowship-lab) unknown Venture studio · Paraguay **none observed** **-** median round **-** last seen
- 7 [Fintech Inversiones](https://millionrounds.com/fund/fintech-inversiones) unknown Angel · Paraguay **none observed** **-** median round **-** last seen
- 8 [Fundación La Salle Paraguay](https://millionrounds.com/fund/fundacion-la-salle-paraguay) unknown Company · Paraguay **none observed** **-** median round **-** last seen
- 9 [GRUPO TRIFECTA](https://millionrounds.com/fund/grupo-trifecta) unknown Investment firm · Paraguay **none observed** **-** median round **-** last seen
- 10 [Grupo Martín Martín](https://millionrounds.com/fund/grupo-martin-martin) unknown Investment firm · Paraguay **none observed** **-** median round **-** last seen
- 11 [Investa Capital S.A.E.C.A](https://millionrounds.com/fund/investa-capital-s-a-e-c-a) unknown Investment firm · Paraguay **none observed** **-** median round **-** last seen
- 12 [Paraguay Investments International S.A.](https://millionrounds.com/fund/paraguay-investments-international-s-a) unknown Investment firm · Paraguay **none observed** **-** median round **-** last seen
- 13 [Phi Capital Partners](https://millionrounds.com/fund/phi-capital-partners) unknown Private equity · Paraguay **none observed** **-** median round **-** last seen
- 14 [Renbeck Group](https://millionrounds.com/fund/renbeck-group) unknown Company · Paraguay **none observed** **-** median round **-** last seen
- 15 [Selected Society Group Ventures / Endeavor Ventures Investments](https://millionrounds.com/fund/selected-society-group-ventures-endeavor-ventures-investment) unknown VC firm · Paraguay **none observed** **-** median round **-** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **31** Oct **[ReForest Latam](https://millionrounds.com/company/reforest-latam)** Pre-seed · $1M *Led by* [iThink VC](https://millionrounds.com/fund/ithink-vc)
- **14** Apr **[Autograph](https://millionrounds.com/company/autograph)** Pre-seed · $2.6M *With* [Cibersons Ventures](https://millionrounds.com/fund/cibersons)
- **27** Feb **[Yavendió](https://millionrounds.com/company/yavendio)** Pre-seed · $850K *Led by* [iThink VC](https://millionrounds.com/fund/ithink-vc)
- **2** Oct **[Xeptiva](https://millionrounds.com/company/xeptiva)** Seed · $2.5M *With* [iThink VC](https://millionrounds.com/fund/ithink-vc)

## Cheques by Quarter

Led Joined

1 Q1 25

1 Q2 25

Q3 25

1 Q4 25

Q1 26

Q2 26

Q3 26

Q4 26

The last bar is the quarter still running.

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[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Paraguay

### Who are the most active investors based in Paraguay?

By cheques observed, the most active are iThink VC, Cibersons Ventures, Asociación Paraguaya de Venture Capital (PARCAPY), Astra Capital and Cadiem Casa de Bolsa.

### How many investors based in Paraguay are there?

15 are on record. 0% made an investment in the last 12 months and 7% have led a round.

### What have investors based in Paraguay invested in recently?

Recent rounds include ReForest Latam (Pre-seed, Oct 2025, with iThink VC), Autograph (Pre-seed, Apr 2025, with Cibersons Ventures) and Yavendió (Pre-seed, Feb 2025, with iThink VC).

### How is this list of investors based in Paraguay ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
