# MGM Innova Group

> MGM Innova Group is a VC fund in Miami backing Solar and Food Delivery. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Miami, United States
- Total investments: 8
- Last investment: May 2024
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mgminnovagroup/
- X (Twitter): https://twitter.com/mgminnovagroup
- Website: http://www.mgminnovagroup.com/
- Facebook: https://www.facebook.com/mgminnovagroup/

MGM Innova Group is a private equity and venture capital investment firm that integrates technical, financial, and environmental solutions contributing to climate change adaptation and mitigation, and sustainable development. The firm focuses its investments in the fields of energy efficiency, renewable energy, clean-tech, innovation, andsustainable natural resource management in Latin America and the Caribbean region.

## Contacts

5 contacts available for MGM Innova Group. Shizune tracks 7 team members at MGM Innova Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/mgm-innova-group?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $7M–$22M |
| Venture - Series Unknown | $4M–$35M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Solar | 2 | 25% |
| Food Delivery | 2 | 25% |
| Food and Beverage | 2 | 25% |
| Retail Technology | 2 | 25% |
| Energy | 1 | 13% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 2 | 25% |
| Series A | 1 | 13% |
| Series C | 1 | 13% |
| Private Equity | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Colombia | 3 | 38% |
| Mexico | 1 | 13% |
| United States | 1 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alejandro Paz | Investment Director | 0 | https://shizune.co/investors/profile/alejandro-paz |
| Alfredo Nicastro | SVP, Operations & Sales | 0 | https://shizune.co/investors/profile/alfredo-nicastro |
| Edgar Botero Garcia | General Director | 0 | https://shizune.co/investors/profile/edgar-botero-garcia |
| Gerardo Aguilar | Senior Managing Director | 0 | https://shizune.co/investors/profile/gerardo-aguilar |
| Marco G. Monroy | Co-Founder & CEO | 0 | https://shizune.co/investors/profile/marco-g-monroy |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| RobinFood | RobinFood is the leader in cloud-restaurants in Latin America with presence in Colombia, Brazil and Mexico. RobinFood was founded in 2018 | $4M | Venture - Series Unknown | May 21, 2024 |  |
| Bright | Bright offers residential solar for the developing world at $0 upfront. They operating first in Mexico, where electricity rates are 2-3x (that of the US), there's 40% more sun, and installation costs are half as much. |  | Venture - Series Unknown | Nov 04, 2022 |  |
| RobinFood | RobinFood is the leader in cloud-restaurants in Latin America with presence in Colombia, Brazil and Mexico. RobinFood was founded in 2018 | $32M | Venture - Series Unknown | May 26, 2022 |  |
| Merqueo | Merqueo specializes in delivering groceries and home essentials using its own dark-store infrastructure. Merqueo users can order from a selection of 2,000 to 10,000 products, which include fresh fruits and vegetables, imported products, liquor, household items, personal care, and packaged goods.The company was founded in 2017 and is headquarteredin Bogotá, Colombia. | $50M | Series C | Jul 29, 2021 |  |
| MUNCHER | Muncher is an end-to end platform that partners with restaurant brands globally to help them succeed at off-premise dining. | $22M | Series A | Apr 22, 2021 |  |
| RobinFood | RobinFood is the leader in cloud-restaurants in Latin America with presence in Colombia, Brazil and Mexico. RobinFood was founded in 2018 | $35M | Venture - Series Unknown | Mar 12, 2021 |  |
| Wirewatt | Wirewatt is a clean energy financing platform providing loans to homeowners and small and medium businesses to finance solar, battery, and other energy-efficiency improvement projects. The company is a B2B marketplace in Latin America that connects residential solar companies with the capital markets. It also provides software and financialservices for the solar industry and helps solar professionals sell more projects and international funds to obtain better returns in a risk-managed environment. | $4M | Private Equity | Feb 19, 2021 |  |
| MUNCHER | Muncher is an end-to end platform that partners with restaurant brands globally to help them succeed at off-premise dining. | $7M | Series A | Jan 04, 2021 |  |

8 of 8 investments shown.

## Co-investors
- [Palm Drive Capital](https://shizune.co/investors/profile/palm-drivecapital) — VC Fund, 4 deals together
- [Blue like an Orange Sustainable Capital](https://shizune.co/investors/profile/blueorange-sustainable-capital) — VC Fund, 3 deals together
- [Semillero Partners](https://shizune.co/investors/profile/semillero-ventures) — VC Fund, 3 deals together
- [Amador Holdings](https://shizune.co/investors/profile/amador-holdings) — VC Fund, 2 deals together
- [Bethia](https://shizune.co/investors/profile/bethia-16c3) — VC Fund, 2 deals together
- [Copernion](https://shizune.co/investors/profile/copernion) — VC Fund, 2 deals together

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## FAQ

### What does MGM Innova Group invest in?

MGM Innova Group invests primarily in Solar, Food Delivery and Food and Beverage startups, most often at Venture - Series Unknown and Series A stage. Most of the 8 investments tracked by Shizune back companies in Colombia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MGM Innova Group's check size?

MGM Innova Group typically joins rounds of $7M–$22M at Series A and $4M–$35M 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 MGM Innova Group participates in.

### How do I contact MGM Innova Group?

Public channels for MGM Innova Group include LinkedIn, X (Twitter) 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 MGM Innova Group?

The team at MGM Innova Group includes Alejandro Paz (Investment Director), Alfredo Nicastro (SVP, Operations & Sales) and Edgar Botero Garcia (General Director), among 7 team members tracked by Shizune. 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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