2026.02.12
Japan International Cooperation Agency (JICA) signed a limited partnership agreement with the CANARY GP, LLC (“Canary”) and held a ceremony at JICA headquarters in Tokyo on January 6. Representing both parties, Co-founder Marcos Toledo of Canary, President Tanaka Akihiko of JICA and other officials attended the ceremony.
This project provides cooperation in collaboration with Canary to startups that develop innovative business models and technologies capable of addressing social issues in Latin America and the Caribbean region. It is expected to collaborate with existing JICA startup promotion initiatives, such as the TSUBASA program, which assists Japanese startups in expanding into the region.
JICA is co-investing in this project with development financial institutions such as International Finance Cooperation (IFC), Inter-American Investment Corporation (IDB Lab) and other investors from the private sector.
Scene from the ceremony
- Investee
CANARY IV, L.P.
- Country (Target Areas)
Latin America and the Caribbean region
- Investment Amount
15 million USD
- Project Title
Project for Supporting Startup Incubation
- Project Purpose
The Project purpose is to improve startups’ financial access and develop their products/services by investing in a venture capital fund, thereby contributing to develop startup ecosystem and solve social issues in Latin America and the Caribbean Region.
- Project Component
By investing in CANARY IV, the project will support early-stage startup investments, primarily at the seed stage, in Latin America and the Caribbean Region.
- Contribution to SDGs
Goal 8（Decent work and economic growth）
Goal 9（Industry, innovation and infrastructure）
Goal 17（Partnerships for the goals）
- Reference
This investment is made under CORE, a co-financing framework with IDB Group:
Sns share!
scroll