VC investment in Latin America outpaces these US tech hubs

ImageFlow // Shutterstock VC investment in Latin America outpaces these US tech hubs Venture capital investments in Latin America are continuing on an upward trajectory with a promising outlook for the region. While venture capital investments in Latin America have long lagged behind those of other industrialized nations, as well as China and India, recent surges in the region’s fundraising have made its venture capital ecosystem comparable to well-established technology hubs in the United States, such as Seattle. The Latin American venture capital market reached its second-highest level on record in 2023, according to the Association for Private Capital Investment in Latin America—a continuation of a three-year-long trend. A growing talent pool and demand for middle-class-friendly services largely drive the region’s surge in venture capital investments, as each increases the appeal of emerging startups to investors. In light of these developments, Revelo charted venture capital investments in Latin America compared to six rising U.S. technology hubs, using data from LAVCA and the National Venture Capital Association. The largest venture capital markets in the world—New York, Boston, the San Francisco Bay region, and Los Angeles—are not shown in the table due to their incomparably large size. The southern shores of the...