Investments
106Portfolio Exits
15Funds
4
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Latest Section 32 News
May 22, 2023
Home » Business » “Insecurity Continues to Affect Teachers in Veracruz, Says Section 32 of SNTE” byarchywordys No Comments In the state of Veracruz there are still acts of insecurity against teacherssaid the Secretary General of the Section 32 of the National Union of Education Workers (SNTE), Daniel Covarrubias Lopez. “If we have, They have been occasional but we do have colleagues who have been affected“, said. In an interview the Secretary General of the Section 32 of the SNTE stated that this year Acts of violence continue to be recorded against the union that he represents and assured that it is a problem widespread throughout the state. “In all the same state, it is in the same situation. TWe have people who have raised up, people who have threatened, we have changed them due to insecurity, etc; the Secretary (of Education) has been shaking hands with us in that regard,” he mentioned. Covarrubias López said he did not know the number of maestros that so far this year have reported some situation of insecurity, since he added, there are also cases of intrafamily violence for those who have requested their change of affiliation. “I don’t have a number, because this is There are cases per day, one, two or three daily if there are. Newspapers, of insecurity issues that must be tried to move them, due to different situations, not precisely due to kidnapping or something, no. There are many things violence family, etc. So we have to help,” she said. Daniel Covarrubias Lopez ruled out that the acts of violence are direct against the teaching sector but part of the violence widespread. “They already attack anyone, there is no security in that sense, nor is there a modus operandi, No. It’s just random,” he considered. Photo: Myriam Serrano.
Section 32 Investments
106 Investments
Section 32 has made 106 investments. Their latest investment was in MedWave as part of their Unattributed VC on April 4, 2023.

Section 32 Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/21/2023 | Unattributed VC | MedWave | $0.86M | Yes | 1 | |
4/12/2023 | Series A | Function Oncology | $28M | Yes | 3 | |
2/8/2023 | Series A - II | Faro | $20M | No | 5 | |
1/24/2023 | Series D | |||||
11/17/2022 | Series C |
Date | 4/21/2023 | 4/12/2023 | 2/8/2023 | 1/24/2023 | 11/17/2022 |
---|---|---|---|---|---|
Round | Unattributed VC | Series A | Series A - II | Series D | Series C |
Company | MedWave | Function Oncology | Faro | ||
Amount | $0.86M | $28M | $20M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 3 | 5 |
Section 32 Portfolio Exits
15 Portfolio Exits
Section 32 has 15 portfolio exits. Their latest portfolio exit was Miroculus on March 16, 2023.
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 |
---|---|---|---|---|---|
3/16/2023 | Acquired | 3 | |||
10/12/2021 | Acquired | 3 | |||
9/24/2021 | IPO | Public | 21 | ||
Date | 3/16/2023 | 10/12/2021 | 9/24/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 3 | 3 | 21 |
Section 32 Fund History
4 Fund Histories
Section 32 has 4 funds, including Section 32 Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/21/2019 | Section 32 Fund II | Early-Stage Venture Capital | Open | $199.35M | 6 |
5/22/2017 | Section 32 Fund I | ||||
Section 32 Fund III | |||||
Section 32 Fund IV |
Closing Date | 2/21/2019 | 5/22/2017 | ||
---|---|---|---|---|
Fund | Section 32 Fund II | Section 32 Fund I | Section 32 Fund III | Section 32 Fund IV |
Fund Type | Early-Stage Venture Capital | |||
Status | Open | |||
Amount | $199.35M | |||
Sources | 6 |
Section 32 Team
3 Team Members
Section 32 has 3 team members, including current Managing Partner, Andrew Harrison.
Name | Work History | Title | Status |
---|---|---|---|
Andrew Harrison | Google, Northwater Capital Management, Celtic House Venture Partners, RBC Venture Partners, and National Research Council Canada | Managing Partner | Current |
Name | Andrew Harrison | ||
---|---|---|---|
Work History | Google, Northwater Capital Management, Celtic House Venture Partners, RBC Venture Partners, and National Research Council Canada | ||
Title | Managing Partner | ||
Status | Current |
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