Medellin, Colombia

Private capital investors deployed USD16b in Latin America in 2020, a new record. Venture investment topped USD4b for the second year in a row, demonstrating sustained momentum for the region’s ongoing digital transformation. 

GPCA Research on Latin America is produced in partnership with LAVCA. Since 2008, LAVCA Research has tracked private capital activity in Latin America through direct contact with over 500 fund managers active in the region, using the same data methodology as GPCA. 

Members can access GPC Analytics for a ten-year archive of Latin American private capital transactions and data cuts.

Research Team

Emanuel Hernandez, Director, Research

Mario Avila, Analyst, Research

Latin America Research

2022 LAVCA Industry Data and Analysis

March 22, 2022
GPCA members should use their member login to download an accompanying Excel Data Pack containing all underlying data, including a full list of funds reaching a close and investments in… Read More

Mid-Year 2021 Global Private Capital Industry Data & Analysis

September 16, 2021
GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East   Key data takeaways:   All major markets posted year-over-year gains… Read More

Latin America 2021 Industry Data and Analysis

March 31, 2021
The LAVCA 2021 Industry Data & Analysis includes data and insights on fundraising, investment and exit activity from the full year in 2020. Member access includes: LAVCA Analysis: A summary of… Read More

Latin America Data Insights (Mid-Year 2020)

September 10, 2020
EMPEA Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Despite the difficulties introduced by COVID-19, year-over-year fundraising increased 30% Fundraising for Latin… Read More

LAVCA’s 2021 Review of Tech Investment in Latin America

April 22, 2021
Venture investment in the region topped USD4b for a second consecutive year, with a record 488 deals in 2020, record seed and early-stage investments in a number of major markets,… Read More

2021 Climate Data Insight

November 2, 2021
Based on GPCA’s newly developed taxonomy of climate-dedicated businesses, the 2021 Climate Data Insight covers climate-focused private capital activity in Asia, Latin America, Africa, Central & Eastern Europe and the… Read More

Latin America News

Brazil’s Patria-backed Lavoro To List on Nasdaq via SPAC Merger

Lavoro, a Brazil-based agricultural inputs retailer backed by Patria Investments, agreed to list on the Nasdaq through a SPAC merger with TPB Acquisition Corporation I, sponsored by investment holding company… Read More

Colombia’s RappiPay Secures USD11m Syndicated Credit Line from Bancolombia, Others

RappiPay, a Colombia-based payments platform joint venture between Rappi and Banco Davivienda, secured a USD11m syndicated credit line from Bancolombia, Banco de Bogotá, Davivienda and Itau. Read More

KASZEK and Y Combinator Leads USD5m Investment for Mexico’s DolarApp

KASZEK and Y Combinator led a USD5m investment for DolarApp, a Mexico-based fintech that allows users to open a bank account converting Mexican pesos to dollar stablecoin USD Coin (USDc),… Read More

Mexico’s Naya Homes Raises USD5.6m Seed Round From Carao Ventures, Clocktower Technology Ventures, Others

Naya Homes, a Mexico-based short-term and vacation rental platform, raised a USD5.6m seed round from Carao Ventures, Clocktower Technology Ventures, Flybridge Capital Partners, Primary Venture Partners, K50 Ventures and Derive… Read More

Warburg Pincus and Gávea Investimentos Partially Exit Brazil’s Grupo GPS for ~USD106m

Warburg Pincus and Gávea Investimentos partially exited Brazil-listed facilities company Grupo GPS for BRL546m (~USD106m). Warburg and Gavea maintain ~5% and ~1% stakes in the company, respectively. Read More

GSV Ventures Leads USD2m Seed Round for Peru’s uDocz

GSV Ventures led a USD2m seed round for uDocz, a Peru-based collaborative education platform for university students, to share educational resources, with participation from Salkantay VC.   Read More

Moore Capital Leads ~USD8m Series A+ for Brazil’s BHub

Moore Capital led a BRL40m (~USD8m) Series A+ for BHub, a Brazil-based accounting and financial management platform for SMEs, with participation from Endeavor Scale-Up Ventures, partners of DST, Monashees, Valor,… Read More

Monashees and Construct Capital Lead USD8.5m Round for Brazil’s Leoparda Electric

Construct Capital and monashees led a USD8.5m round for Leoparda Electric, a Brazil-based rechargeable battery network for electric motorbikes, with participation from Claure Capital, Auteco, K50 Ventures and Climate Capital.… Read More

Salkantay Ventures Reaches USD26m Final Close for First VC Fund

Salkantay Ventures reached a USD26m final close for its first VC fund, Salkantay Exponential Fund (SXF) with undisclosed commitments from DGGF and Bancoldex, and follow-on from Capria, IDB Lab and… Read More

Victory Park Capital Provides USD100m Senior Loan Facility to Mexico’s Nelo

Victory Park Capital provided a USD100m senior loan facility to Nelo, a Mexico-based BNPL platform for e-commerce merchants. Read More

Mexico’s Clip Secures USD50m Credit Facility from Morgan Stanley, JP Morgan, HSBC

Clip, a Mexico-based POS payments platform, secured a USD50m revolving credit facility from Morgan Stanley, JP Morgan and HSBC. SoftBank Latin America and Viking Global Investors led a USD250m round… Read More

Goldman Sachs Provides USD140m Asset-backed Loan for Chile’s Xepelin

Goldman Sachs provided a USD140m asset-backed loan for Xepelin, a Chile-based payments and lending platform for SMEs. KASZEK and Avenir Growth led a USD111m Series B in May, in the… Read More