Multiple Mega-Deals Drive Brazil’s Dominance In Latin American Tech

Oct 11 20:10 2018 Print This Article

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region.

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Private technology companies in Latin America have raised over $5.8B in funding since 2012. But within Latin America, Brazil stood out for the attention it received. It attracted over three times the number of deals as Mexico. .

Investment totals further amplified the skew toward Brazil, with the country raising $4.2B in deals since 2012 — nearly seven times as much as either Mexico or Argentina. Despite closing fewer deals, Argentina brought in approximately $600M worth of deals, slightly above Mexico at about $570M.

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CB Insights analyzes data on private companies in emerging industries to provide predictive intelligence on company health and strategy, investor performance and technology adoption trends. They aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace search engines, and corporate financial institutes, so they can answer massive strategic questions using probability not punditry. With backing from the National Science Foundation and venture capital investors, CB Insights mines terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, hiring activity and more.

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