# VC firms based in Mexico (2026 list) > 192 VC firms based in Mexico, 10% active in the last 12 months. Led by Vertex Ventures, Dalus Capital, Nascent. Ranked by what they funded. Source: https://millionrounds.com/lists/vc-firms-based-in-mexico (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # VC firms based in Mexico Updated 7 November 2026 VC firms headquartered in Mexico. [See all 192 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-based-in-mexico)The top 25 **192** investors on the list No change this week **73** cheques in 12 months *+1%* against the market **$3.8M** median round they joined *-53%* against the market median **10%** wrote a cheque in 12 months **5%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (15) - 1 [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) *Deploying now* VC firm · Mexico **267** **$15M** median round **Sept 2026** last seen - 2 [Dalus Capital](https://millionrounds.com/fund/dalus-capital) *Deploying now* VC firm · Mexico **52** **$7M** median round **Oct 2026** last seen - 3 [Nascent](https://millionrounds.com/fund/nascent) *Deploying now* VC firm · Mexico **41** **$5M** median round **Oct 2026** last seen - 4 [Hi Ventures](https://millionrounds.com/fund/hi-ventures) *Deploying now* VC firm · Mexico **27** **$970K** median round **Sept 2026** last seen - 5 [Jaguar Ventures](https://millionrounds.com/fund/jaguar-ventures) quiet VC firm · Mexico **6** **$395K** median round **Feb 2015** last seen - 6 [Capital Invent](https://millionrounds.com/fund/capital-invent) quiet VC firm · Mexico **5** **$900K** median round **May 2015** last seen - 7 [DILA Capital](https://millionrounds.com/fund/dila-capital) *Deploying now* VC firm · Mexico **5** **$12M** median round **Mar 2026** last seen - 8 [MITA Ventures](https://millionrounds.com/fund/mita-ventures-mita-institute) quiet VC firm · Mexico **5** **$2.4M** median round **Apr 2015** last seen - 9 [Semilla Ventures](https://millionrounds.com/fund/semilla-ventures) *Deploying now* VC firm · Mexico **5** **$1.3M** median round **Jan 2026** last seen - 10 [Startup Studio Monterrey](https://millionrounds.com/fund/startup-studio-monterrey) quiet VC firm · Mexico **5** **$20K** median round **Aug 2015** last seen - 11 [IGNIA](https://millionrounds.com/fund/ignia-2) quiet VC firm · Mexico **4** **$6M** median round **Sept 2011** last seen - 12 [Liil Ventures](https://millionrounds.com/fund/liil-ventures) quiet VC firm · Mexico **4** **$13M** median round **Aug 2019** last seen - 13 [Savia Ventures](https://millionrounds.com/fund/savia-ventures) *Deploying now* VC firm · Mexico **4** **$5.1M** median round **Mar 2026** last seen - 14 [Wollef Ventures](https://millionrounds.com/fund/wollef) *Deploying now* VC firm · Mexico **4** **$2.1M** median round **Jul 2026** last seen - 15 [Ananda Ventures (Social Venture Fund)](https://millionrounds.com/fund/ananda-ventures-social-venture-fund) quiet VC firm · Mexico **3** **$2.3M** median round **Sept 2015** last seen - 16 [Bitso](https://millionrounds.com/fund/bitso) *Deploying now* VC firm · Mexico **3** **$3.4M** median round **May 2026** last seen - 17 [Cardumen](https://millionrounds.com/fund/cardumen) *Deploying now* VC firm · Mexico **3** **$7.5M** median round **Oct 2026** last seen - 18 [Gerbera Capital](https://millionrounds.com/fund/gerbera-capital) quiet VC firm · Mexico **3** **$3M** median round **Feb 2015** last seen - 19 [Promotora Social México](https://millionrounds.com/fund/promotora-social-mexico) *Deploying now* VC firm · Mexico **3** **$29M** median round **Jul 2026** last seen - 20 [Televisa](https://millionrounds.com/fund/grupo-televisa) quiet VC firm · Mexico **3** **$190M** median round **Jul 2025** last seen - 21 [Coral Group](https://millionrounds.com/fund/coral-group) quiet VC firm · Mexico **3** **$15M** median round **May 2013** last seen - 22 [99 Startups](https://millionrounds.com/fund/99-startups) *Deploying now* VC firm · Mexico **2** **$1M** median round **Jan 2026** last seen - 23 [First Check Ventures](https://millionrounds.com/fund/first-check-ventures) *Deploying now* VC firm · Mexico **2** **$9.6M** median round **Feb 2026** last seen - 24 [HATCH](https://millionrounds.com/fund/hatch) *Deploying now* VC firm · Mexico **2** **$13M** median round **Aug 2026** last seen - 25 [Impact Ventures PSM](https://millionrounds.com/fund/impact-ventures-psm) *Deploying now* VC firm · Mexico **2** **$17M** median round **Jan 2026** last seen **167 more on this list** All 192 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-based-in-mexico) ## The Newest Cheques Rounds this list's investors joined most recently - **28** Oct **[Birch Hill](https://millionrounds.com/company/birch-hill)** Seed · $4M *With* [Nascent](https://millionrounds.com/fund/nascent) - **14** Oct **Uvi** Seed · $7.5M *With* [Cardumen](https://millionrounds.com/fund/cardumen) - **5** Oct **[Reuse](https://millionrounds.com/company/reuse)** Series A · $21M *With* [Dalus Capital](https://millionrounds.com/fund/dalus-capital) - **2** Oct **[UIN](https://millionrounds.com/company/uin)** Seed · $2M *With* [FERTER](https://millionrounds.com/fund/ferter) - **23** Sept **[Nuvia](https://millionrounds.com/company/nuvia)** Seed · $1.8M *Led by* [Nascent](https://millionrounds.com/fund/nascent) - **9** Sept **[Magnar](https://millionrounds.com/company/magnar)** Series A · $8M *Led by* [Hi Ventures](https://millionrounds.com/fund/hi-ventures) ## Stages This Year 70 rounds - Seed **29%** - Series A **20%** - Venture **16%** - Series B **16%** - Series C **4%** - Other **16%** ## What They Backed Sectors, last 12 months - AI **31** - Fintech **10** - Financial Services **6** - Web3 & Crypto **5** - Big Data & Analytics **4** - Construction **4** ## Cheques by Quarter Led Joined 13 Q1 25 21 Q2 25 21 Q3 25 23 Q4 25 31 Q1 26 6 Q2 26 18 Q3 26 4 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about VC firms based in Mexico ### Who are the most active VC firms based in Mexico? By cheques observed, the most active are Vertex Ventures, Dalus Capital, Nascent, Hi Ventures and Jaguar Ventures. ### How many VC firms based in Mexico are there? 192 are on record. 10% made an investment in the last 12 months and 5% have led a round. ### Which stages do VC firms based in Mexico back? Of the rounds with a named stage in the last 12 months, mostly Seed (35%) and Series A (25%). ### How big are the rounds VC firms based in Mexico join? The typical (median) round among the leading investors here is $5.1M. ### Which sectors do VC firms based in Mexico back most? In the last 12 months, mostly AI, Fintech and Financial Services. ### Which VC firms based in Mexico lead the most rounds? Dalus Capital (3 led), Hi Ventures (3 led) and Wollef Ventures (3 led). ### What have VC firms based in Mexico invested in recently? Recent rounds include Birch Hill (Seed, Oct 2026, with Nascent), Uvi (Seed, Oct 2026, with Cardumen) and Reuse (Series A, Oct 2026, with Dalus Capital). ### How is this list of VC firms based in Mexico 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)