Latin America Venture Capital Report 2023 by Cuantico

Special thanks to our friends at Cuantico, who have been very important allies to Startuplinks, especially over the past 12 months and in sharing this annual report on the state of Venture Capital in Latin America in 2023. 

Access the full report here.

State of Venture Capital in Latin America in 2023

 Cuantico is pleased to present the second edition of the LATAM Venture Capital Report, an executive report that concisely presents trends and results from the region’s leading ecosystems.

Analysis: 

1. 2.783 billion dollars were invested across 724 funding rounds.
2. In 2023, Latin America experienced its lowest Venture Capital investment volume in the past 5 years.
3. Investment in 2023 represents 84% less than in 2021 and 65% than in 2022.

‍Analysis: 

1. Despite the decline in investment in 2023, Brazil remains the country with the most investment in the region, accounting for 58% of total investment.
2. Fintech remains the industry receiving the most investment; however, its share of total investment fell from 43% (2022) to 33% (2023).
3. Despite the regional decline in investment, some countries reached their all-time investment highs, including Central America (as a region), Uruguay, and Chile.

Conclusions - LATAM Venture Capital Report 2023

Will 2024 be a year of recovery and growth for Venture Capital in Latin America? Which industries will enter the top 5 for investment? Which countries will perform better as the year progresses in terms of investment, soonicorns, and unicorns? 

Without a doubt, 2024 will be one of the most important and exciting years for the industry.

‍Access the full report here.

‍