Investments
62Portfolio Exits
1Funds
3Latest Magma Partners News
May 30, 2022
A decade supporting and investing in Latin American entrepreneurs with Nathan Lustig, Managing Partner at Magma Partners, Ep 32 The future of work is here! Are you ready for it? As the working environment continues to evolve, many companies and professionals around the world are adapting, and better yet, leading the way. Join our knowledgeable hosts, Johanna Molina, Talanta’s Co-founder and Head of Impact and Paul Lynskey, Talanta’s Head of Experience, as they delve into deep discussions with industry thought leaders from top companies around the globe, only on How to be the Difference. Stay ahead of the curve with actionable insights that are reshaping the processes of talent acquisition, human capital management, remote and hybrid workforce development among others. Tune in every other Monday and don’t forget to follow us on social media! A witness to Latin America’s startup ecosystem transformation In this episode of How to be the Difference, Johanna and Paul sit down with Nathan Lustig, Managing Partner at Magma Partners. Founded in 2014, Magma is an early-stage venture capital fund based in Latin America, the USA, and China. Originally from Wisconsin, USA, Nathan started his entrepreneurial journey by buying a startup while studying Political Science. He purchased ExchangeHut, a local tickets and textbooks trading site, and transformed it into a national business with over 125,000 users. In 2008, he co-founded Entrustet, a company that allows people to get their digital assets transferred or deleted when they die. Nathan then moved to Chile and participated in the Startup Chile pilot program. In 2012, he began teaching a class at a Chilean university titled “How To Build a Startup”. At this moment, he started giving students advice and support on creating their businesses. The path led him to create Magma Partners in 2014, and to this date, the VC firm has invested in over 110 startups from Latin America. Since 2014, the startup ecosystem in Latin America changed dramatically, and Nathan witnessed all of it. In conversation with Johanna and Paul, Nathan explains what Magma looks for in startups. He also shares what he thinks are the trends that companies and professionals should hop on to be aligned with the future of work: remote work, flexibility, asynchronous work, and more. Nathan also gives his insights into why tech companies are currently going through serious trouble. To learn more about amazing internship opportunities, check out Talanta’s website . Outline of this episode: [04:40] – Nathan’s background
Magma Partners Investments
62 Investments
Magma Partners has made 62 investments. Their latest investment was in Anyone AI as part of their Pre-Seed on June 6, 2022.
Magma Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/28/2022 | Pre-Seed | Anyone AI | $1.5M | Yes | 1 | |
6/14/2022 | Seed VC | Verqor | $2.5M | Yes | 1 | |
6/10/2022 | Seed VC | Ozon | $4M | Yes | 1 | |
5/18/2022 | Series A | |||||
5/10/2022 | Seed VC |
Date | 6/28/2022 | 6/14/2022 | 6/10/2022 | 5/18/2022 | 5/10/2022 |
---|---|---|---|---|---|
Round | Pre-Seed | Seed VC | Seed VC | Series A | Seed VC |
Company | Anyone AI | Verqor | Ozon | ||
Amount | $1.5M | $2.5M | $4M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Magma Partners Portfolio Exits
1 Portfolio Exit
Magma Partners has 1 portfolio exit. Their latest portfolio exit was OmniBnk on June 16, 2020.
Magma Partners Acquisitions
1 Acquisition
Magma Partners acquired 1 company. Their latest acquisition was Rampa Ventures on April 20, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
4/20/2020 | Acq - Fin | 1 |
Date | 4/20/2020 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acq - Fin |
Sources | 1 |
Magma Partners Fund History
3 Fund Histories
Magma Partners has 3 funds, including Magma Partners III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/27/2020 | Magma Partners III | Early-Stage Venture Capital | Closed | $50M | 1 |
12/27/2017 | Magma Partners II | ||||
5/10/2014 | Magma Partners I |
Closing Date | 2/27/2020 | 12/27/2017 | 5/10/2014 |
---|---|---|---|
Fund | Magma Partners III | Magma Partners II | Magma Partners I |
Fund Type | Early-Stage Venture Capital | ||
Status | Closed | ||
Amount | $50M | ||
Sources | 1 |
Magma Partners Team
1 Team Member
Magma Partners has 1 team member, including current Managing Partner, Claire Diaz-Ortiz.
Name | Work History | Title | Status |
---|---|---|---|
Claire Diaz-Ortiz | Managing Partner | Current |
Name | Claire Diaz-Ortiz |
---|---|
Work History | |
Title | Managing Partner |
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.