# Nicoya Ventures

> Nicoya Ventures is a VC fund in Toronto backing Apps and Food and Beverage. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 6
- Last investment: Sep 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/nicoya-ventures-ltd/about/
- Website: https://www.nicoyaventures.ca/
- Facebook: https://www.facebook.com/Nicoya-Ventures-Ltd-105410731130543

Nicoya Ventures is a privately owned and financed venture capital fund.

## Contacts

5 contacts available for Nicoya Ventures. Shizune tracks 2 team members at Nicoya Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/nicoya-ventures?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 2 | 33% |
| Food and Beverage | 2 | 33% |
| EdTech | 1 | 17% |
| FinTech | 1 | 17% |
| Consumer | 1 | 17% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 17% |
| Pre-Seed | 1 | 17% |
| Series A | 1 | 17% |
| Series C | 1 | 17% |
| Venture - Series Unknown | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 2 | 33% |
| Canada | 1 | 17% |
| Sweden | 1 | 17% |
| Venezuela | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jay Wilgar | President, Managing Director, Partner & Founder | 0 | https://shizune.co/investors/profile/jay-wilgar |
| Peter Hwang | CEO, Managing Director ,Founder & Partner | 0 | https://shizune.co/investors/profile/peter-hwang-7e1f |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Félix | Félix is ​​a chat-based platform that enables Latinos in the US to send money abroad. We combine Blockchain and Artificial Intelligence to disrupt how remittances are done today and build the future of cross-border payments. | $565K | Pre-Seed | Sep 04, 2022 |  |
| NICK’S | NICK’S is a food tech company that manufactures keto diet-friendly ice cream, snack bars, and ice cream sandwiches. The company creates food products with the goal of revolutionizing the market for healthy snacks and sweets. | $100M | Series C | Oct 28, 2021 |  |
| Yummy | Yummy develops a food delivery app that operates across Latin America. The app allows users to order and pay for their orders through their mobile application or website platform and offers different payment methods such as foreign credit cards and cash, that conveniently enable users to enjoy their food at a location of their choice.VicenteZavarce founded Yummy in 2020 and has its headquarters in San Francisco, California, United States. | $4.5M | Seed | Jul 16, 2021 |  |
| LUB Foods | Luthman Backlund Foods AB was started in 2013 by Carl Backlund and Niclas Luthman. Since then they have built a team of dedicated and hard-working people around us that all share the same vision - creating snacks and confectionery that is actually good for you and the people you love.THeir ambition is to create a global brand and a wide range ofproducts that adds to the quality of life and well-being of all the snacks and candy-loving people of the world. | $25M | Venture - Series Unknown | Jan 11, 2021 |  |
| LUB Foods | Luthman Backlund Foods AB was started in 2013 by Carl Backlund and Niclas Luthman. Since then they have built a team of dedicated and hard-working people around us that all share the same vision - creating snacks and confectionery that is actually good for you and the people you love.THeir ambition is to create a global brand and a wide range ofproducts that adds to the quality of life and well-being of all the snacks and candy-loving people of the world. | $30M | Venture - Series Unknown | Jan 01, 2021 |  |
| Knowledgehook | Knowledgehook combines deep domain expertise with data science to create a technology platform that helps school boards and teachers assess gaps in math education, and apply predictive insights. Knowledgehook’s insights have led to major partnerships with leading universities, research institutes, and leading educational companies. Knowledgehook isutilizing its access into the classroom to enable at-home tutoring and additional support and insights for parents being the first in class to create this vertically integrated educational ecosystem. Knowledgehook has won several awards in the Tech community including the Google Game Changer award, and B.N.N. Knowledgehook has recently partnered with UCL Educate research and investment fund to be the first EdTech company to be backed by them globally. | $20M | Series A | Oct 16, 2020 |  |

6 of 6 investments shown.

## Co-investors
- [Ambrosia Investments](https://shizune.co/investors/profile/ambrosia-investments) — VC Fund, 3 deals together
- [Capagro](https://shizune.co/investors/profile/capagro) — VC Fund, 3 deals together
- [Gullspång Invest](https://shizune.co/investors/profile/gullsp%C3%A5ng-invest-llc) — VC Fund, 3 deals together
- [DIG Investment](https://shizune.co/investors/profile/dig-investment) — VC Fund, 2 deals together
- [DNS Capital](https://shizune.co/investors/profile/dns-capital) — VC Fund, 2 deals together
- [Khosla Ventures](https://shizune.co/investors/profile/khosla-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Nicoya Ventures invest in?

Nicoya Ventures invests primarily in Apps, Food and Beverage and EdTech startups, most often at Seed and Pre-Seed stage. Most of the 6 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Nicoya Ventures?

Public channels for Nicoya Ventures include LinkedIn, the website linked on this profile and Facebook. 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 Nicoya Ventures?

The team at Nicoya Ventures includes Jay Wilgar (President, Managing Director, Partner & Founder) and Peter Hwang (CEO, Managing Director ,Founder & Partner). 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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