About Innogen Capital
Innogen Capital is a venture capital firm founded in 2018. It is primarily based out of San Salvador, El Salvador. As of Oct 2025, Innogen Capital is an active investor, having invested in 13 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Colombia based startups. Its investments are spread across a wide range of sectors from FinTech to Enterprise Applications and Consumer. Most recently it participated in the $***** Seed round of Grupalia A lot of funds co-invest with Innogen Capital, with names like Wollef sharing a substantial percentage of its portfolio. Innogen Capital has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed
Portfolio Soonicorns
Innogen Capital's List of Top Investments
Innogen Capital has a portfolio of 13 companies. Their most notable investments are in Huli and Koibanx.Their portfolio spans across Colombia, Brazil, Mexico and 4 more locations. They have invested in FinTech, Enterprise Applications, Consumer and 9 other sectors, across stages such as Seed stage. Here is the list of top investments by Innogen Capital:1. Tpaga
Tpaga is an online payment gateway provider that allows merchants to accept online payment on their website or on the mobile app. The gateway is provided by an API integration.
Key facts about Tpaga
- Founded Year: 2015
- Location: Bogota (Colombia)
- Stage: Series A
- Total Funding till date: $15.1M
- Employee Count: 37 as on Jul 01, 2024
- Investors: Zillionize, Onelin Capital Corporation and 28 Others
- Latest Funding Round: Series A, Mar 03, 2026, $*****
- Highlight: Editors' Pick
2. Latitud
Provider of venture capital funding and resources for early-stage technology companies. It offers investment opportunities, a fellowship program, and resources for founders. The company supports entrepreneurs building software-first businesses with high scalability. It connects founders to investors and provides support throughout their journey.
Key facts about Latitud
3. Foodology
Provider of virtual restaurant network. Its offerings include breakfast, salads & bowls, juice bar & soup, pizza, and more. The company creates and operates digital restaurant brands made for delivery and aims to be a delivery-focused restaurant group in Latam.
Key facts about Foodology
- Founded Year: 2019
- Location: Bogota (Colombia)
- Stage: Series B
- Total Funding till date: $52M
- Employee Count: 448 as on Feb 28, 2026
- Investors: TriplePoint Capital, Base Partners and 23 Others
- Latest Funding Round: Series B, Jul 21, 2023, $*****
- Highlight: Editors' Pick
4. Koibanx
Digital payments infrastructure with web3. The platform integrates blockchain and web3 into the financial system, allowing TradFI to connect with the financial technology. The platform combines asset tokenization, emoney licenses and crypto embedded functionality to enable banks, fintechs and governments integrate to web3.
Key facts about Koibanx
- Founded Year: 2015
- Location: Bogota (Colombia)
- Stage: Series A
- Total Funding till date: $22M
- Employee Count: 53 as on Jul 01, 2024
- Investors: Pointer Capital, Kalonia and 11 Others
- Latest Funding Round: Series A, Aug 19, 2022, $*****
- Highlight: Editors' Pick
Online aggregator that provides hotel bookings for travelers. The platform enables travelers to search & book for hotels or short-term rentals. Users can book the platform by providing relevant information including destination, travel dates, and the number of passengers. Their amenities include contactless check-ins, Wi-Fi, a bathroom kit, laundry services & more.
Key facts about Wynwood House
- Founded Year: 2019
- Location: Lima (Peru)
- Stage: Seed
- Total Funding till date: $7M
- Employee Count: 63 as on Jul 01, 2024
- Investors: Innogen Capital, Fen Ventures and 1 Other
- Latest Funding Round: Seed, Nov 29, 2022, $*****
Innogen Capital's Year-on-Year Investment Trends
Innogen Capital has invested in 13 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Grupalia and most recent follow-on round was in Koibanx.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 1 | 2 |
2021 | 0 | 0 | 0 |
2020 | 3 | 0 | 3 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
Innogen Capital's Investments by Stage
Innogen Capital has made 7 investments in Seed stage with an average round size of $4.81M.Innogen Capital's Investments by Sector
Innogen Capital has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Financial Services, Blockchain - Industry Applications and Blockchain Technology. Notably, it has invested in 12 Tech companies, 9 Enterprise (B2B) companies, 6 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
FinTech | 3 |
Financial Services | 2 |
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Innogen Capital's Investments by Geography
Innogen Capital has made most investments in Colombia (2), followed by Mexico where it has made 2 investments.Country | No. of Investments |
|---|---|
Colombia | 2 |
Mexico | 2 |
United States | 2 |
Peru | 1 |
Note: We have considered here, only first round of investments
Innogen Capital's recent investments
Innogen Capital has not made any investment in 2026 so far.Here are the most recent investments by Innogen Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 04, 2025 | Mexico | Seed | 9499 | [+2] | |
May 02, 2024 | Mexico | Seed | 2874 | [+3] | |
Nov 29, 2022 | Peru | Seed | 5186 | ||
Aug 19, 2022 | Colombia | Series A | 3501 | [+6] | |
Oct 01, 2020 | Colombia | Seed | 7969 | - |
Team profile of Innogen Capital
Innogen Capital has a team of 9 members including 3 Partners and 1 Principal located in El Salvador and United States. Innogen Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Innogen Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | El Salvador | - | ||
Partner | - | - | - | |
Partner | United States | - | ||
Principal | El Salvador | - |
Co-investors of Innogen Capital
Over the past 8 years, 40 investors have co-invested in Innogen Capital's portfolio companies. This includes funds and angels.
- Invested before Innogen Capital: Finnovista, Village Capital and 2 others have invested in rounds before Innogen Capital. There is 1 company where Finnovista has invested before Innogen Capital and 1 company where Village Capital has invested before Innogen Capital.
- Top Co-investors of Innogen Capital: 15 investors entered a company along with Innogen Capital. These include investors like Wollef (1 company).
- Invested after Innogen Capital: A total of 21 investors have invested in Innogen Capital's portfolio after their investments. Top Investors include Andreessen Horowitz (1 company), Chimera (1 company) and Daedalus Ventures (1 company).
Recent News related to Innogen Capital
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Grupalia secures $4.8M seed funding to scale lending operations in MexicoLatamList•Oct 05, 2025•Semilla Ventures, Innogen Capital, Grupalia, Platanus and 3 others
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YoFio Secures $10M Investment to Support Mexican MicrobusinessesContxto•Mar 27, 2024•YoFio, Oikocredit, 500 Global, Innogen Capital and 2 others
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Yofio closes Round Seed for US $ 10 million in capital and debtTekios•Feb 27, 2024•YoFio, Oikocredit, Innogen Capital, Cauris and 3 others
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Blockchain protocol Algorand leads $22M investment round in tokenization company KoibanxCoinDesk•Aug 19, 2022•Algorand, Koibanx, Borderless Capital, Kalonia and 2 others
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