Declining VC investment into LatAm startups could throttle digital growth

Declining VC investment into LatAm startups could throttle digital growth

a year ago
Anonymous $RrS0yEPyL3

https://techcrunch.com/2022/09/23/declining-vc-investment-into-latam-startups-could-throttle-digital-growth/

This column is fascinated by Latin America, a region of the world rich in history, culture and, recently, a massive boom in technology company formation and financing. The period of rapidly accreting venture capital activity, however, is slowing. Fast.

The declines in capital availability, as far as TechCrunch can see, will not prove lethal. However, they may slow the pace at which Latin American economies digitize and mature. Data from Atlantico — a regionally focused venture capital fund and the sister firm of Canary, which invests in earlier-stage Latin American rounds — indicates that there may be enough local capital in the region to ensure that its domestic startups have a shot at persistence.