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.DON'T MISS IT! Now in its 10th year, PartnerConnect Midwest is bringing you 300 attendees, over 400 private ExecConnect meetings between LPs and GPs, and three insightful tracks including Buyouts Funds, Buyouts Deals and Co-Investments. REGISTER TODAY!