Alter

Alter, founded in 2015 and headquartered in San Francisco, is an emerging markets generalist backing early-stage founders across Latin America, Southeast Asia, the Middle East, and Africa. The portfolio of 40-plus ventures spans 18 countries and 14 cities including Lagos, Jakarta, Mexico City, Bogota, and Cairo. The thesis covers fintech, e-commerce, edtech, and crypto. Industrial deep tech exposure is limited, with Kargo Technologies (Indonesian trucking logistics) the main relevant position.