FasterCapital announces partnership with Angel Ventures.
FasterCapital is honored to announce its partnership with Angel Ventures, a venture capital firm founded in August 2008 in Mexico City.
Angel Ventures help connect startups to investors in Mexico and Latin America while FasterCapital provides startups with technical development investing 50% of the money needed for carrying out the technical development process. FasterCapital and Angel Ventures share the same vision and can collaborate in a complementary way helping startups in Mexico grow and compete with big companies in the world.
Mr.Bashar Hamood, managing director in FasterCapital, looks at this partnership in an optimistic light saying, ‘We and Angel Ventures hope to make a golden pair for startups in Mexico and Latin America as Angel Ventures will help us penetrate the market and get introduced to entrepreneurs that need our services to enrich the startup ecosystem with their innovative ideas.’
About Faster Capital
FasterCapital is a virtual incubator based in Dubai Internet City. We help IT startups through our acceleration and incubation programs. FasterCapital was established in 2010 and our model has been publicly available since 2014. Fastercapital has 20 graduated startups that are fully functional now, around 26 startups in incubation program, 285 startups in the acceleration program, 986 representatives/regional partners and 506 offices worldwide.
About Angel Ventures
Angel Ventures (www.angelventures.vc) is a venture capital firm focused on early stage investments with high growth potential in the Pacific Alliance (Mexico, Chile, Colombia, Perú). AV started in 2008 as the first professionally managed Angel Investor Network, which later evolved into two Venture Capital Funds, the Angel Ventures Coinvestment Fund I in 2013, and the AV Pacific Alliance Fund II in 2018. Today Angel Ventures is a regional firm with four chapters across three countries, having invested over US $40M as a Fund Manager in nearly 30 companies, including Clip, Kueski, Urbvan and Homie. AV Pacific Alliance II is actively investing and looking to get to a final close of US $100M by early 2020.
