Gabriela Ruggeri, managing partner at accelerator Overboost, was brought on board among the founding team for Argentina-based corporate venture capital partnership Kamay Ventures when it launched last month.
Kamay Ventures is investing on behalf of Argentina-headquartered food, agribusiness and packaging conglomerate Arcor and beverage producer Coca-Cola’s Argentine subsidiary, Coca-Cola Argentina.
Ruggeri told Global Corporate Venturing: “[Kamay Ventures] is the first open corporate venture capital fund in the region where two big corporations have joined together as investors.”
Ruggeri featured on GCV’s 2016 Rising Stars list and will lead Kamay Ventures together with fellow managing partner Antonio Peña, founder of Overboost.
Arcor president Luis Pagani said Overboost would run Kamay Ventures as a trust fund. The unit will operate from Argentina’s capital city of Buenos Aires but will also invest in startups from other countries in the region.
Pagani added: “Kamay Ventures is an open trust fund. It will finance projects with a digital focus that intend to improve the lives of people through innovations in various sectors.
“The partnership’s value for the entrepreneurs will be the support system – experts from the two corporates will act as mentors in areas such as marketing, sales, communication, human resources, administration, logistics and legal matters, thereby enhancing their projects at the regional level.”
Photo courtesy of Gabriela Ruggeri.
