Flori Ventures

Thanks to everyone who attended our happy hour in Buenos Aires! ???? Special thanks to our co-host CeLatam and our partners Celo Foundation, Flori Ventures and Takenos for joining us and making it possible. Hope to see you at future events!

FX markets in emerging economies face significant inefficiencies, even in basic instruments like spot markets. These inefficiencies not only limit accessibility but also drive up costs for businesses and individuals. The situation is even worse with more sophisticated instruments, like derivatives, where markets are heavily monopolized and largely inaccessible. This is where Mento Labs steps in. As a decentralized stablecoin issuer, they're bringing greater transparency, efficiency, and accessibility to FX markets—one stablecoin at a time. Currently, they offer stablecoins pegged to the US dollar, euro, Brazilian real, West African CFA franc, Kenyan shilling, and Philippine peso, with many more to come soon! ?? Huge congratulations to Markus Franke and the team on reaching this milestone. We′re proud to be part of your journey and very excited to see the continued impact you’ll make on global markets!

Historically, companies have held a monopoly on user data: only Reddit can sell Reddit user data, and only Twitter can sell Twitter user data. These platforms generate tons of money just by selling data for AI training. This is where Vana comes in – helping users orchestrate and structure DAOs to organize and monetize their data. Data DAOs leverage the inherent advantage that users, when properly coordinated, can provide higher quality data than any single platform. By empowering individuals, Vana turns data – the new gold – into a shared asset. Congratulations to Anna Kazlauskas and the entire Vana team on this new round of funding! We are proud to be early supporters of your journey and look forward to seeing your vision come to life. If you're interested in building applications with user-owned data or forming a "data union" around a specific dataset (people are already exploring use cases around Twitter, GitHub, ChatGPT, Reddit, and YouTube), don’t hesitate to reach out! ??

Impact Investing has exploded over the years. From $502 billion in 2018 to $1.164 trillion in 2023. And these aren’t just altruistic donations. These are investments made with the intention to generate impact and a financial return, not instead of one. Here are 5 of those investments ?? 1. Sway - supported by Seabird Ventures 2. Coastal Carbon - supported by Bold Ocean Ventures 3. Strong by Form - supported by Savia Ventures 4. Coral Vita - supported by SeaAhead 5. HYPHEN GLOBAL AG - supported by Flori Ventures These Impact Investors were showcased in today's Good Fortune Newsletter. Learn more at the link in my bio.

Honored to share the stage at Blockchain Summit Latam with leaders shaping Web3 in LATAM. With over 15% crypto ownership in Brazil and Argentina, stablecoins becoming widely used, Brazil launching Drex, and remittances booming. The future of Web3 in LATAM looks very bright!

Welcome to our new Chairperson Maria Alegre, who brings extensive experience in #climatetech VC investment, technology product development and fundraising from years as the CEO of Chartboost acquired by Zynga and co-founder and Managing Partner of Flori Ventures. Alegre is the co-founder and Managing Partner at Flori Ventures, a seed-stage venture fund partnering with founders who are creating a more innovative, regenerative, decentralized, and inclusive financial system, and board member at Esade. Before Flori, Maria co-founded Chartboost and ran it as CEO for 8 years. Chartboost raised $21M led by Sequoia Capital before it was acquired by Zynga. “Digital tech has a catalytic role to play as we advance global goals for climate and nature. Innovation doesn’t happen in a vacuum, it needs a concerted effort to thrive - an ecosystem of support if you will”, says Maria. “For the last 15 years I have had the privilege to support founders building innovative technologies across a number of roles. To step in as Chairperson of Climate Collective is really exciting and I’m here to bring my network and operational acumen in service of the wider Climate Collective community”. Under the continuous leadership of CEO Anna Lerner Nesbitt, Climate Collective will deepen its thought-leadership by connecting tech innovation with relevent policy and finance effortsdeployment of digital technologies and innovation towards climate and nature goals as well as expand the thematic focus of their incubator. It will continue to collaborate closely with strategic partners like The World Bank Group, UNDP, Inter-American Development Bank, RMI, BFA Global as well as supercharging some of the most promising climate and nature tech entrepreneurs and their teams.

When we first showed Jennifer Garson from Boundary Stone Partners our Discover tool, she understood the vision but was immediately skeptical. She dove into a #DOE opportunity that she wrote to test its accuracy. (Each solicitation has an AI-powered chat to find the perfect answer, saving you from reading the entire #FOA) Immediately, Jenn asked a question that had confused everyone, knowing our AI would struggle to find the answer. Back in May, Streamline totally fell into the trap, failing to answer the question. The answer to her eligibility question was referenced within the FOA, but never actually delineated. In that moment we thought we’d lost all trust with Jenn ?? Instead, she saw the potential! We soon built a way to do deeper contextualization. In this case that means: when a FOA mentions a separate document, Streamline knows how to find more details. We spent the next 3 months working through all of the edge cases that Jenn found. The hardest challenges came from working within a complicated landscape of outdated information and broken links. ???Today, Discover is officially out of beta! It is the most comprehensive tool for identifying and qualifying government #funding opportunities for the #energy and #climate transition. ?? https://lnkd.in/gRPdGHQb The best part? We have a fully free version with all the basic search functionality across our entire dataset. (If you’re a power-user in need of recommendations, notifications, bulk exports, memos, etc., please reach out.) ?? Incredibly proud of our team at Streamline Climate for what we’ve achieved. Especially proud of Megan Raisle for pushing the bar so high, Eric H. for solving large scale data challenges, Charlie Luo for diving in with two feet and pulling off the impossible after only recently joining our team, and Deo A-Mutomb for all the design wizardry that made our solution so elegant. What's next? There’s an endless list of improvements and new features we’re building — from building integrations to cover all local opportunities, supporting teaming lists, and releasing our automated eligibility checker.

Congratulations to our portfolio company Stabiliti on this partnership ???? The collaboration with Worldline UK&I is a significant step towards integrating sustainability in everyday transactions. It simplifies carbon offsetting and supports local sustainability projects, demonstrating the power of Climate Fintech in driving environmental impact. We're proud to back such an innovative solution for a greener future. ?? All the details??

We are delighted to announce that our portfolio company El Dorado, has secured its seed round with key investments from Multicoin Capital and Coinbase Ventures. This funding propels their mission to deliver innovative stablecoin-powered financial services across LATAM. Congratulations to Guillermo Goncalvez Espiga, ???? Juan Andreu, and the team on this remarkable achievement! We′re very excited to continue supporting your journey ????

Our managing partner Maria Alegre, shared insights at the Esade Alumni event in Barcelona about driving meaningful change. The discussion covered the following topics: ?? Embracing Innovation: How new technologies can lead to more sustainable business practices. ?? Building Community Ties: The importance of strong community connections for long-term impact. ?? Future-Focused Strategies: Preparing businesses to meet tomorrow’s challenges today. Check out the highlights here ?? https://esade.me/3UE8Q7T