Record-breaking year for VC investment in LatAm

2018 was another record-breaking year for venture capital investment in Latin America, with Asian investors counting as some of the most dynamic players in the LatAm startup ecosystem.

DiDi acquired 99 for a rumoured $1B, Ant Financial invested $100M in Stone Pagamentos’ IPO, while Tencent injected $180M into Nubank and went in more recently on Ualá, for an undisclosed amount.

SoftBank being SoftBank, they chipped in for Loggi & Clip, and are considering a $230M investment in Creditas while nearing a $1B investment in Rappi. Their newly announced $5B Latin America technology fund (“Softbank Innovation Fund“) will surely up the ante and calls for serious optimism regarding 2019 VC activity in the region…

https://lavca.org/industry-data/inside-another-record-breaking-year-lavcas-annual-review-of-tech-investment-in-latin-america/

Picture credits: The Association of Private Capital Investment in Latin America (LAVCA)

Nicolas Michelon

Nicolas is a corporate geoeconomics and strategic & business intelligence expert with 25 years of experience in the Asia-Pacific, and more recently in the Gulf and Türkiye. A Managing Partner at Alagan Partners, he advises corporate executives on how to navigate the current geopolitical and geoeconomic environment, mitigate risk and develop prospective scenarios. He is also an Adjunct Professor & Guest Lecturer in geopolitics, geoeconomics and business intelligence at ESCP Business School (France), Galatasaray University (Türkiye), University Mohammed VI Polytechnic (Morocco), and Ecole de Guerre Economique (Paris School of Economic Warfare).