Fundraising FoxH20 Capital
Miami, US · 4 known investors
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H20 Capital (HTwenty) is a venture capital firm with offices in Miami, Mexico, and Colombia that partners with entrepreneurs from an early stage. It focuses on backing companies across Latin America and the US-Latam market.
Also known as H20 Capital Innovation · HTwenty · htwenty.vc
Investors · 4
Company profile
researched Aug 2026H20 Capital Innovation, also referred to as HTwenty, is an early-stage cross-border venture capital firm headquartered in Miami, Florida, with additional offices in Mexico and Colombia. It invests in entrepreneurs using technology to disrupt existing markets or create new ones, with a stated focus on underrepresented founders in the Hispanic US market and Spanish-speaking Latin America. Sector coverage described in public profiles includes fintech, artificial intelligence, marketplaces, e-commerce and software.
The firm invests primarily at pre-seed and seed stage, and has also appeared in later rounds. Reported portfolio companies include QUASH.ai (seed, February 2026), TRACTIAN (Series C, December 2024), Pulpos (seed, April 2024), Félix (seed, September 2023) and Farmu (Series A, August 2023). One profile lists 13 portfolio companies and $76M in assets under management.
Founding story
The firm was founded by Mauricio Porras and Daniel Lloreda; founding year is reported as 2019 in press coverage and as 2018 in investor-profile listings.
Business model
The firm operates as a venture capital fund manager, raising capital from limited partners and deploying it into equity stakes in early-stage technology companies. It is listed as a registered investment adviser and private fund adviser (CRD 335430).
Traction
Reported investments include Farmu (Series A, August 2023), Félix (seed, September 2023), Pulpos (seed, April 2024), TRACTIAN (Series C, December 2024) and QUASH.ai (seed, February 2026).
Latest developments
The most recently reported investment is a seed round in QUASH.ai in February 2026.
▸Full profile — market position, go-to-market, geography, history
Market position
One profile reports approximately $76M in assets under management and 13 portfolio companies, positioning the firm among smaller cross-border Latin America-focused early-stage managers.
The firm emphasizes a cross-border mandate connecting the US Hispanic market and Spanish-speaking Latin America, investment in underrepresented founders, and an active post-investment support model backed by an advisor network of regional operators.
Go-to-market
The firm positions itself as an active, hands-on fund, stating that it supports portfolio companies with talent acquisition, go-to-market planning, pan-regional expansion, follow-on fundraising and technical support. Co-investment alongside other funds is common in its reported deals.
Founders of early-stage technology startups in Latin America and Spanish-speaking segments of the US market, particularly in marketplaces, fintech, e-commerce and software.
Geography
Headquartered in Miami, Florida, with offices in Mexico and Colombia; investing across Latin America and in US companies with a Spanish-speaking focus. One listing also associates the firm with Cambridge, Massachusetts.
History
H20 Capital Innovation was established by Mauricio Porras and Daniel Lloreda with offices in Miami, Colombia and Mexico. In February 2022 it announced a second fund of $50M targeting seed and pre-seed investments in Latin America, which it said could grow to $65M. Investors backing the fund included Scott Shleifer of Tiger Global Management, Sebastian Mejia of Rappi, Fabian Gomez of Frubana, Roger Laughlin of Kavak, and founders of iFood and Mercê do Bairro. Its board and advisor group has included Roger Laughlin, Javier Villamizar of the SoftBank Vision Fund, and Ricardo Martínez Finger of Jüsto.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 6
launches, deals, and filingsThe firm announced a second fund of $50M for seed and pre-seed investments in Latin American marketplace, fintech, e-commerce and software startups, with 15% allocated to US companies with a Spanish-speaking focus; the fund was said to potentially grow to $65M. Backers included Scott Shleifer (Tiger Global Management), Sebastian Mejia (Rappi), Fabian Gomez (Frubana), Roger Laughlin (Kavak) and the founders of iFood and Mercê do Bairro.
$50M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- H20 Capital Innovation | Portfolio, Investments & AUM | Caplightcaplight.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does H20 Capital do?
- Miami-based early-stage cross-border venture capital firm investing in Latin American and US Hispanic-market startups.
- Who are H20 Capital's investors?
- H20 Capital's investors include FEMSA Ventures, HTwenty, Invariantes Fund, Sun Mountain Capital.
- Where is H20 Capital headquartered?
- H20 Capital is headquartered in Miami, US.