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Seaya Ventures, Cathay Innovation launch $125M fund for LatAm startups

Venture capital firms Seaya Ventures and Cathay Innovation have created a joint fund aimed at startups across Latin America that are redefining their industries and society.  The team’s first investment was made in September when it went in on Chilean fintech Xepelin’s $230 million round. As solo firms, both have been active in the region making other investments in Mexico’s Kueski and Lana, Brazil’s Facily and alt.bank, and Colombia’s RobinFood and Chile’s Fracttal.