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Investments

20

Portfolio Exits

1

Funds

6

Partners & Customers

3

About IDB Lab

IDB Lab is the innovation laboratory of the Inter-American Development Bank. IDB Lab supports innovative projects and early-stage ventures with the potential to generate impact on a large scale.

IDB Lab Headquarter Location

Washington, DC,

United States

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Latest IDB Lab News

IDB Lab and Google announce the first batch of the LAC Women Founders Accelerator, Ep 67

Oct 13, 2021

IDB Lab and Google announce the first batch of the LAC Women Founders Accelerator, Ep 67 Outline of this episode:  [1:10] – Nowports’ Series A follow-on [1:56] – LAC Women Founders Accelerator [2:47] – Featured article of the week [3:20] – NEW episode of How to be the Difference Resources & people mentioned: Josefina is Senior Editor at LatamList and host of the LatamList Espresso podcast. She studied to be a pastry chef at George Brown College in Toronto, Canada, and then completed a Bachelor's Degree in Social Sciences at the Universidad Torcuato Di Tella, specializing in Communications & Journalism. She is passionate about telling the stories of people creating a social impact in their communities. Leave a Reply

IDB Lab Investments

20 Investments

IDB Lab has made 20 investments. Their latest investment was in Ayenda as part of their Series C on September 9, 2021.

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IDB Lab Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/30/2021

Series C

Ayenda

$10M

Yes

2

9/29/2021

Series B

Sempli

$10M

No

Incofin Investment Management, Oikocredit, and Undisclosed Angel Investors

1

8/2/2021

Grant

Avancargo

$0.12M

Yes

1

8/2/2021

Grant

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$99M

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10

8/2/2021

Grant

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$99M

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10

Date

9/30/2021

9/29/2021

8/2/2021

8/2/2021

8/2/2021

Round

Series C

Series B

Grant

Grant

Grant

Company

Ayenda

Sempli

Avancargo

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Amount

$10M

$10M

$0.12M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Incofin Investment Management, Oikocredit, and Undisclosed Angel Investors

Sources

2

1

1

10

10

IDB Lab Portfolio Exits

1 Portfolio Exit

IDB Lab has 1 portfolio exit. Their latest portfolio exit was Satellogic on July 06, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/6/2021

Acq - Pending

$991

3

Date

7/6/2021

Exit

Acq - Pending

Companies

Valuation

$991

Acquirer

Sources

3

IDB Lab Fund History

6 Fund Histories

IDB Lab has 6 funds, including Latin America & Caribbean (LAC) – Korea Startup Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

8/14/2019

Latin America & Caribbean (LAC) – Korea Startup Fund

Early-Stage Venture Capital

$83M

1

7/27/2012

Dominican Republic Seed Capital Fund

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$99M

10

LAC Venture Debt Fund

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$99M

10

LAC-Korea Startup Fund

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$99M

10

EcoEnterprises Fund

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$99M

10

Closing Date

8/14/2019

7/27/2012

Fund

Latin America & Caribbean (LAC) – Korea Startup Fund

Dominican Republic Seed Capital Fund

LAC Venture Debt Fund

LAC-Korea Startup Fund

EcoEnterprises Fund

Fund Type

Early-Stage Venture Capital

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Status

Amount

$83M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

IDB Lab Partners & Customers

3 Partners and customers

IDB Lab has 3 strategic partners and customers. IDB Lab recently partnered with Google on February 2, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

2/17/2021

Partner

Google

United States

IDB and Google Partner to Strengthen Small Businesses in Latin America and the Caribbean.

Examples of this historic partnership between Google Cloud and the IDB Lab include : ConnectAmericas , an initiative that helps SMEs strengthen their businesses by providing them access to clients , suppliers , and investors in the region and around the world ; an IT certification program to enhance employment opportunities for vulnerable young people in Brazil and Panama , with a focus on women , thereby creating a sustainable and inclusive model for training and labor force insertion ; and FAIr LAC , an alliance between the public sector , private sector , and civil society which strives to influence public policy and the entrepreneurial ecosystem , with the ultimate goal of promoting the responsible and ethical use of artificial intelligence .

1

6/22/2020

Partner

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10

8/1/2019

Partner

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10

Date

2/17/2021

6/22/2020

8/1/2019

Type

Partner

Partner

Partner

Business Partner

Google

Country

United States

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News Snippet

IDB and Google Partner to Strengthen Small Businesses in Latin America and the Caribbean.

Examples of this historic partnership between Google Cloud and the IDB Lab include : ConnectAmericas , an initiative that helps SMEs strengthen their businesses by providing them access to clients , suppliers , and investors in the region and around the world ; an IT certification program to enhance employment opportunities for vulnerable young people in Brazil and Panama , with a focus on women , thereby creating a sustainable and inclusive model for training and labor force insertion ; and FAIr LAC , an alliance between the public sector , private sector , and civil society which strives to influence public policy and the entrepreneurial ecosystem , with the ultimate goal of promoting the responsible and ethical use of artificial intelligence .

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Sources

1

10

10

IDB Lab Team

1 Team Member

IDB Lab has 1 team member, including current Chief Executive Officer, Irene Arias Hofman.

Name

Work History

Title

Status

Irene Arias Hofman

Chief Executive Officer

Current

Name

Irene Arias Hofman

Work History

Title

Chief Executive Officer

Status

Current

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