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, 2022GPCA 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, 2021GPC 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, 2021The 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, 2020EMPEA 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, 2021Venture 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, 2021Based 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
Vinci Partners To Acquire Brazil’s SPS Capital
Vinci Partners agreed to acquire SPS Capital, a Brazil-based alternative asset manager with BRL2b (~USD376m) in assets under management, for an undisclosed amount. Read More
Canary Leads USD6m Pre-Seed Round for Colombia’s Bia
Canary led a USD6m pre-seed round for Bia, a Colombia-based real-time energy consumption analytics platform for SMEs, with participation from Nazca, 8VC, GFC, Marathon Ventures, MatterScale Ventures and Opera Ventures.… Read More
AINDA Acquires 3.6% Stake in Mexico’s Hokchi Energy
AINDA Energía & Infraestructura acquired a 3.6% stake in Hokchi Energy, a Mexico-based offshore oil and gas subsidiary of PanAmerican Energy, for an undisclosed amount. Read More
Banco Votorantim Leads USD8m Pre-Series A for Brazil’s Darwin Seguros
Banco Votorantim led a USD8m pre-Series A for Darwin Seguros, a Brazil-based car insurance platform, with participation from HIX Capital and angel Guti Vidigal (Singulare) and follow-on from Invisto. Duxx… Read More
Macquarie Asset Management To Acquire Stake in Brazil’s CLI for ~USD92m To Fund ~259m Deal
Macquarie Asset Management, through its fund Macquarie Infrastructure Partners V (MIP V), agreed to invest BRL500m (USD92m) in Brazil-based port operator CLI. The deal will facilitate CLI’s acquisition of an… Read More
BAI Capital, GGV and GIC Lead USD50m Round for Mexico’s Stori at USD1.2b Valuation
BAI Capital, GGV and GIC led a USD50m round for Stori, a Mexico-based credit card issuer for the underbanked, at a reported USD1.2 valuation, with follow-on from Lightspeed, General Catalyst,… Read More
Axxon Group To Invest ~USD28m in Brazil’s Alper Seguros
Axxon Group agreed to invest BRL150m (~USD28m) in Alper Seguros, a Brazil-listed insurance company specializing in corporate risk, bringing its stake in the company to 8%. Read More
Alpha Capital SPAC To Merge with Brazil’s Private Capital-backed Semantix at~USD1b Equity Value
Nasdaq-listed SPAC Alpha Capital has agreed to merge with Semantix, a Brazil-based integrated data software developer, at an implied equity value of ~USD1b. Investors in Semantix include Banco Bradesco-backed 2bCapital,… Read More
Ore Investment To Acquire 33.3% Stake in Brazil’s Companhia Brasileira de Lítio for ~USD40m
Ore Investment agreed to acquire a 33.3% stake in Companhia Brasileira de Lítio, a Brazil-based producer of lithium concentrates and compounds, for BRL208m (~USD40m) after winning an auctionconducted by Codemge,… Read More
Swvl To Acquire Mexico’s VC-backed Urbvan for USD82m
SWVL agreed to acquire Urbvan Mobility, a Mexico-based shared mobility platform, for a reported USD82m as part of its Latin America expansion strategy. Investors in Urbvan include Angel Ventures, DILA… Read More
Ashmore To Exit Colombia’s Elecnorte Via Sale to Grupo Energía Bogotá
Ashmore Management Company agreed to fully exit its investment in Colombia-based electricity power company Elecnorte via a sale to Grupo Energía Bogotá (GEB) for an undisclosed amount. GEB’s assets include… Read More
Activant Leads USD30m Round for E-commerce Platform DEUNA
Activant Capital led a USD30m round for DEUNA, a US-based e-commerce checkout platform serving Latin American markets, with participation from Valor Capital Group, Upload Ventures, Abstract Ventures and Acrew Capital.… Read More