Parallel18
Type
hub
Founded
2015
Funding Rounds
2
Portfolio companies
2
About Parallel18
Parallel18 Ventures is the follow-on investment arm affiliated with the Parallel18 accelerator that co-invests in alumni startups. The fund provides matched investment alongside private capital in exchange for equity or convertible notes, and is structured to encourage startups to maintain operations in Puerto Rico while supporting their scaling to regional and global markets. It operates as part of the Puerto Rico Science, Technology and Research Trust ecosystem and connects portfolio companies with grant programs, investor networks, and business support services.
Parallel18 investments captured (2)
| Company Name | Stage | Total Deal Amount | Date |
|---|---|---|---|
| Accelerator | $40.0k | Jun 3, 2025 | |
| **** | $700.0k | Jan 26, 2024 |