☀ Domingo Brief — Colombia-ELN peace, Bicycle Capital takes off, & Mexico City’s cuisine dominates

Each Sunday, take two minutes to catch key stories and opportunities shaping Latin America.

Welcome back to the Domingo Brief! This week, we're delving into Marcelo Claure's new venture capital firm, Zürich Airport's successful bid for a Brazilian airport, a ceasefire in Colombia, and more.

---

Trivia of the Week

Interestingly enough, only 34% of you correctly guessed Paraguay as the sole South American country to not recognize China. The winning selection, Belize, could have been the correct answer…except it is notably not in South America. Paraguay, meanwhile, is the largest country in the world to hold diplomatic relations with Taiwan and not China.

Each week, tune back in for the answer to the previous week’s trivia question. No cheating!

---

🇧🇴 Marcelo Claure, the former chief operating officer (COO) of SoftBank and Bolivia's wealthiest citizen, is opening up a new Latin America-focused venture firm, Bicycle Capital. The company has raised over $440M in commitments thus far, nearly reaching its inaugural fund goal, and will be based in São Paulo and Miami. It will focus on Series B and later rounds, investing roughly $20-50M per startup.

---

🇧🇷 Zürich Airport has won a public tender to manage Natal International Airport for 30 years. The company, which already operates the airports of Florianópolis, Vitória, and Macaé, offered about $65M to secure the rights and will begin paying an annual revenue-based fee in 5 years. The Natal airport, located in the country's northeast, saw 2.3M passengers in 2022, far below its total yearly capacity of 6.5M.