Trip Ventures

Puerto Rico. The firm looks for fast-moving waters, the economic currents that create the most value, backing portfolio companies positioned to compete globally and deliver outsized returns. Its Puerto Rico Innovation Fund and most of its portfolio companies leverage incentives under the Puerto Rico Incentives Code. This structure is designed with the objectives of maximizing returns and ensuring invested capital goes further. The firm targets asset-light, transformational businesses capable of "blitzscaling" globally, with a portfolio spanning green energy, AI, hospitality, and aerospace. Notable portfolio companies include Forterra, an autonomous ground vehicle and defense technology company that has raised over $300M to date across multiple funding rounds. Trip Ventures' investment approach centers on identifying founders building category-defining, globally competitive companies, while capitalizing on Puerto Rico's favorable tax and innovation incentive structure to enhance capital efficiency and long-term investor returns.