PUBLISHED: April 23, 2021CATEGORY: Brazil
LAVCA, the Association for Private Capital Investment in Latin America, recently published its annual report on tech investment in Latin America. Please download the report below.
Key highlights from the report:
- Venture investment in Latin America surpassed USD4b for a second consecutive year, with a record 488 deals in 2020.
- Fintech attracted the most capital, followed by e-commerce and proptech, with significant growth in pandemic-relevant sectors including healthtech and edtech.
- Six new unicorns arose in 2020, including Creditas, dLocal, Kavak, Loft, MadeiraMadeira & VTEX.
- In Brazil, total capital invested was on par with 2019, while deal totals reached new highs.