General Partner (GP)
Magma is a pre seed to Series A fund that has invested in 125+ startups solving Latin America's biggest problems.
Magma is an early stage fund investing from first check to series a in Latin America. We back the best entrepreneurs solving Latin America's biggest problems. We're a generalist firm, but best know for fintech.1. $35M fund size2. ~50 companies per fund3. 30-40 early stage companies via small checks we treat like call options4. Concentrate ~70% of capital into our best 6-12 companies. 5. Lead Series A's in companies we missed at very early stage6. Help companies succeed w/ 16 person team.
Nathan Lustig is the cofounder & Managing Partner at Magma Partners, an early stage Latin American VC firm. Originally from the US, he started as an entrepreneur in university and sold his first two companies. He moved to Latin America in 2010 and started Magma in 2014. He has lived in Chile, Colombia and Mexico over the past 14 years, building Magma into one of Latin America's top early stage funds.
