Dave McClure has raised just over $2 million from 24 investors for 500 Luchadores, a Mexico-focused seed fund, according to an SEC filing. McClure, founder of 500 Startups, began raising 500 Luchadores in November 2012. It has a target of $5 million.
McClure is also raising a seed fund to invest in India called 500 StartupWallah LP. It also has a target of $5 million, according to a November 2012 SEC filing. There is no follow-up filing indicating that the India fund has held a first close.