Foley & Lardner LLP recently represented Tenacity Venture Capital as the lead investor in the $30 million funding round for Mexican fintech startup Kapital. The Series A round also included investors Telesoft, Broom Ventures, Pioneer Fund, Soma Capital, and FoundersX Fund.
Kapital is a data-driven neobank for SMBs in Latin America, offering debit and credit solutions. The company’s mission is to empower SMBs with technology, strengthening them with a financial platform and credit products that allow them to focus on their core businesses.
The Foley team was led by Partner Louis Lehot and included Associates Ashley Lee and Saige Gallop.
Foley’s Venture and Growth Capital Group understands the complex and diverse needs of both venture funds and their portfolio companies, offering a broad range of services at each stage of development. Foley’s attorneys have insight into the unique needs of high-growth companies. For more information, visit FoleyIgnite.com.