Capria Ventures operates as both a fund of funds and direct co-investor, backing local fund managers across emerging markets and then co-investing directly into their best portfolio companies, while focusing specifically on Applied AI deployments in traditional sectors throughout the Global South. Beyond capital allocation, Capria builds capacity for first- and second-time fund managers by providing hands-on support with fund positioning, LP negotiations, and portfolio management systems, treating the development of strong local VC firms as a core product rather than a side activity.