# EWA Capital

> EWA Capital is a VC fund in Bogotá backing SaaS and Artificial Intelligence. See 21 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Bogotá, Colombia
- Total investments: 21
- Last investment: Mar 2026
- Lead investor: 14%
- Fund size: $15M
- Last fund: Sep 2019
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ewa-capital/
- Website: http://ewa.capital/

EWA Capital (recently rebranded from Mountain Nazca Colombia) is a management company that invests in early-stage companies with disruptive models. It targets investments in companies with a minimum viable product, a proven market fit, a recurring and steep growing customer base, and sustainable unit economics.The company is committed to obtaininghigh returns and shaping social change by backing entrepreneurs under a hands-on methodology. EWA Capital has a complementary approach towards value creation in portfolio companies, leveraging each others’ strengths and experiences as former institutional investors, entrepreneurs, and experienced fund managers. EWA Capital was founded in 2019 and is headquartered in Bogota, Colombia.

## Contacts

5 contacts available for EWA Capital. Shizune tracks 3 team members at EWA Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ewa-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $600k–$5M |
| Series A | $10M–$11M |
| Venture - Series Unknown | $1.3M–$9M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 4 | 19% |
| Artificial Intelligence | 4 | 19% |
| Education | 3 | 14% |
| Health Care | 3 | 14% |
| Financial Services | 3 | 14% |

48 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 12 | 57% |
| Series A | 2 | 10% |
| Venture - Series Unknown | 2 | 10% |
| Pre-Seed | 1 | 5% |
| Convertible Note | 1 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Colombia | 10 | 48% |
| United States | 6 | 29% |
| Brazil | 1 | 5% |
| Uruguay | 1 | 5% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Pablo González del Corral | Serial Entrepreneur & Partner | 0 | https://shizune.co/investors/profile/pablo-gonz%C3%A1lez-del-corral |
| Patricia Saenz | Managing and Founding Partner | 5 | https://shizune.co/investors/profile/patricia-saenz |
| Claudia Salazar | Associate | 0 | https://shizune.co/investors/profile/claudia-salazar |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Gangkhar | Gangkhar is the first pure-play global embedded insurance Managing General Underwriter (MGU) digital platform. | $4.3M | Seed | Mar 10, 2026 |  |
| metaBIX Biotech | Changing the game in how the world deals with diseases in plants, animals, and humans, metaBIX Biotech leads with innovation in disease prediction. Our integrated solution, combining the latest in biotechnology, AI, and advanced software, not only anticipates the impact of viruses and bacteria but also offers proactive strategies to preventoutbreaks. With a focus on precision and speed, we stand out for our ability to provide early alerts and effective control measures, significantly reducing the risk and impact of diseases in our ecosystems and communities. | $1.3M | Venture - Series Unknown | Mar 09, 2026 |  |
| Salva Health | Salva Health is a healthcare solutions provider company that develops products to enable the prevention and early detection of diseases. |  | Seed | Sep 18, 2025 |  |
| Samay | Respira Labs is developing the first wearable device to measure “trapped air,” an early marker of Chronic Obstructive Pulmonary Disease (COPD). No reliable and validated methods currently exist to detect COPD exacerbations in time for early intervention and prevention. By leveraging the power of non-invasive acoustic sensors, audio signalprocessing, machine learning and Acoustic Resonance Index Analysis (ARIA), our device will fundamentally revolutionize COPD management by predicting and preventing attacks at the patient’s home, significantly improving health outcomes and patient quality of life while dramatically lowering health care costs. |  | Non-equity Assistance | May 29, 2024 |  |
| Tpaga | Tpaga is a mobile wallet for unbanked consumers in Latin America. Currently in Colombia and Mexico.In Latin America, more than 50% do not have credit cards or bank accounts, but what they do have is a cellphone. Tpaga allows consumers to store money via cash kiosk ( 4,000 in our network) and then use it to pay utility bills, cell phone top-up,supermarket and even gas station merchants. We have become the first mobile wallet in Latin America to allow consumers to pay groceries without having a bank account, and allowing unbanked commerces to start receiving payment without have POS systems. | $700K | Convertible Note | May 02, 2024 |  |
| Mekan | Automotive aftermarket Marketplace |  | Seed | Jan 01, 2024 |  |
| Bia Energy | Bia Energy is a next-generation energy retailer transforming Latin America’s electricity market. By replacing analog meters with smart metering infrastructure, Bia delivers real-time consumption data and a digital platform that helps businesses and households cut costs, optimize usage, and improve sustainability. Backed by Kaszek, 8VC, GlobalFounders Capital, and Nazca, Bia serves leading companies including Starbucks, Coca-Cola, WeWork, Terpel, Falabella, and IKEA. With rapid growth in Colombia and expansion plans into LatAm, Bia is building the digital backbone of energy retail in the region. | $10.5M | Series A | Oct 09, 2023 |  |
| Beeverso (formerly BeeReaders) | Beereaders is a digital platform that promotes literacy skills among Spanish-speaking students presenting personalized learning and using original Spanish content in a game-like experience. | $3.5M | Seed | Apr 18, 2023 |  |
| VAAS | VAAS is an AML and Compliance platform that offers on-chain and off-chain data integration for crime and suspicious activity prevention. | $5M | Seed | Feb 13, 2023 |  |
| Sempli | Sempli is building the leading all-in-one finance digital bank for small businesses in Colombia. | $9M | Venture - Series Unknown | Mar 18, 2022 |  |

10 of 21 investments shown.

## Co-investors
- [Mountain Partners](https://shizune.co/investors/profile/mountain-partners) — VC Fund, 3 deals together
- [Epic Angels](https://shizune.co/investors/profile/epic-angels) — VC Fund, 2 deals together
- [Nazca Ventures](https://shizune.co/investors/profile/nazca-ventures-3) — VC Fund, 2 deals together
- [Simma Capital](https://shizune.co/investors/profile/simma-capital) — VC Fund, 2 deals together
- [StartUp Health](https://shizune.co/investors/profile/startup-health) — VC Fund, 2 deals together
- [TheVentureCity](https://shizune.co/investors/profile/the-venture-city) — VC Fund, 2 deals together

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## FAQ

### What does EWA Capital invest in?

EWA Capital invests primarily in SaaS, Artificial Intelligence and Education startups, most often at Seed and Series A stage. Most of the 21 investments tracked by Shizune back companies in Colombia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is EWA Capital's check size?

EWA Capital typically joins rounds of $600k–$5M at Seed, $10M–$11M at Series A and $1.3M–$9M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds EWA Capital participates in.

### How do I contact EWA Capital?

Public channels for EWA Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at EWA Capital?

The team at EWA Capital includes Pablo González del Corral (Serial Entrepreneur & Partner), Patricia Saenz (Managing and Founding Partner) and Claudia Salazar (Associate). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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