Venture Capital

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Salkantay Ventures

Salkantay is an early stage VC fund focused on Latin American founders and startups targeting Spanish-speaking countries. They invest in companies aiming to...

Salkantay Ventures logo

Salkantay Ventures

Salkantay is an early stage VC fund focused on Latin American founders and startups targeting Spanish-speaking countries. They invest in companies aiming to use technology to solve critical challenges affecting the region, from pre-seed through Series A. In addition to providing capital, they act as a strategic partner, providing hands-on support, knowledge, and global networking. Their thesis covers human improvement, economic development, and a sustainable planet.

General information

Firm type

Venture Capital

Year founded

2012

Location

Region

Latin America

Country

Peru

City

Lima

Corporate office

Lima, Peru

Principals

Martín Aspillaga

Managing Partner

Guillermo Miro Quesada

Managing Partner

Lucia Montalvo

Partner

Sector focus

Enterprise SoftwareFinTechDigital HealthEdTechPropTechClimateTechAgriTech & FoodTechMobility & TransportationLogistics & Supply Chain

Frequently asked questions

Who makes investment decisions at Salkantay Ventures?

The firm's website lists three investment professionals: Managing Partners Martín Aspillaga and Guillermo Miro Quesada, and Partner Lucia Montalvo. No further detail on investment committee composition or decision-making authority is publicly disclosed.

Which geographies does Salkantay Ventures cover?

Salkantay focuses on Spanish-speaking Latin America. Its portfolio includes companies operating in Peru, Mexico, Colombia, and Chile. Brazil is not a stated target market, which distinguishes the firm from many pan-LatAm peers.

What is Salkantay's check size and stage range?

The firm invests from pre-seed through Series A. With $26M deployed across 23 portfolio companies, average initial commitments appear calibrated for seed-stage capital efficiency. Exact check sizes are not publicly disclosed.

Does Salkantay participate in fund commitments or only direct deals?

Salkantay describes itself as a direct investor making equity investments in early-stage startups. There is no public indication of fund-of-funds activity or LP commitments to other venture managers.

How does Salkantay source deals?

The firm's website emphasizes its network of investors, partners, allies, and an advisory committee as sourcing and support infrastructure. It invites founders who align with its thesis — Spanish-speaking Latin America, technology-enabled solutions to critical regional challenges — to submit directly through its contact page. No proprietary sourcing model is detailed.

What sectors does Salkantay avoid?

Salkantay does not publish a formal exclusion list. Its portfolio skews heavily toward fintech, enterprise SaaS, digital health, and edtech, with consumer internet notably absent. The firm frames its investments around solving structural problems — financial exclusion, educational gaps, inefficient supply chains — which implicitly deprioritizes pure entertainment, gaming, and ad-driven consumer platforms.

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