Pygma | Activity | F4

Team Portfolio Raise Champions Essays

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Pygma Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

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Time range

Essay

Published 'State of Accelerators' essay analyzing the evolution of the accelerator model and Pygma's own transition toward a full VC fund. Argues the next decade belongs to hyper-vertical accelerators at the intersection of Fintech & AI.

Pygma — The Accelerator Playbook essay

pygma.substack.com

Added recently

Milestone

Blinka, a Pygma portfolio company, became the second Pygma portfolio company to join Y Combinator. Blinka is building global banking infrastructure. Founders Juan Pa and Sebas were met during PY5.

Blinka

instagram.comSEP 21, 2026

SEP 21, 2026

News

Pygma announced PY9: The Future of Fintech, the ninth and final cohort before transitioning to a full VC fund. Applications open for pre-seed fintech startups led by Latin American founders. For the first time, the closing event will be in San Francisco. PY8 graduated 17 startups from 8 countries.

Pygma PY9 program announced

contxto.comMAY 19, 2026

MAY 19, 2026

News

Pygma announced PY9 as its final accelerator cohort before transitioning to a pure venture capital fund, with the closing event moving to San Francisco for the first time.

PY9: The Last Cohort — Pygma transitions to full VC fund

contxto.comMAY 19, 2026

MAY 19, 2026

5 essays· JUL 2025 – FEB 2026Show all

Essay

Published State of Accelerators report analyzing the evolution of the accelerator model and Pygma's own transition toward a full VC fund.

The Accelerator Playbook: Dead or Adapting?

open.substack.comFEB 13, 2026

FEB 13, 2026

Essay

Published a State of Accelerators report examining the evolution of the accelerator model in venture capital.

The Accelerator Playbook: Dead or Adapting? Here's What's Actually Happening.

pygma.substack.comFEB 13, 2026

FEB 13, 2026

Essay

Published research on angel investor activity across LatAm, in partnership with Forbes México.

The Invisible $51M: Who Really Funds LatAm's First Checks

pygma.substack.comJAN 20, 2026

open.substack.com

JAN 20, 2026

Essay

Published essay analyzing the $51M that LatAm angel investors have deployed across 1,563 investments, highlighting the gap between angel funding and institutional capital in the region.

Pygma — The Invisible $51M essay

open.substack.comJUL 8, 2025

JUL 8, 2025

Essay

Published essay spotlighting LatAm angel investors and their foundational role in funding the region's earliest startup checks.

Recognizing the Unsung Heroes: Angel Investors

open.substack.comJUL 8, 2025

JUL 8, 2025