Investor Profile

Susana García Robles

A pioneer of institutional venture and angel investing in Latin America, whose work helped build the region’s early-stage ecosystem before most of today’s prominent founder-angels had even started their companies.

Track record


IDB’s Multilateral Investment Fund

Spent close to two decades at the Inter-American Development Bank’s Multilateral Investment Fund (now IDB Lab), where she helped design and deploy some of the region’s earliest institutional programs supporting venture capital and angel investing infrastructure.

Capria Latin America

Co-founded Capria Latin America, part of the global Capria network, backing fund managers and startups across the region — extending her institutional-building work from the public sector into a private investment platform.

Ecosystem building over deal-making

Distinct from most other names on this list, García Robles’s public reputation centers less on individual startup bets and more on building the funds, networks and programs that made later angel and VC activity in the region possible.

How she invests

Through Capria Latin America, García Robles’s activity is oriented toward backing fund managers and investment platforms — a "fund of funds" and ecosystem-building approach — rather than only direct startup checks, reflecting her institutional background.

This makes her profile somewhat different from founder-turned-angel investors: her influence on Latin American startups is often indirect, through the funds and programs she has helped capitalize and design, in addition to any direct investments.

Frequently asked questions

What is IDB Lab?
The innovation lab of the Inter-American Development Bank Group, formerly known as the Multilateral Investment Fund (MIF) — one of the earliest and largest institutional supporters of venture capital and early-stage investing infrastructure in Latin America and the Caribbean.
What is Capria Latin America?
The regional arm of Capria, a global network that backs fund managers investing in emerging markets, extending capital and support to venture and growth funds across Latin America rather than investing directly in startups alone.
Why is she included among "angel investors" if her focus is institutional?
Her career bridges both roles — direct angel-style backing of early-stage companies and funds, and the institutional program design that created much of the capital infrastructure other angels and VCs in the region now rely on. See our top angel investors list for more names and context.