Tecnolatinas refers to technology-based private companies born in Latin America and the Caribbean and owned by founders from the region. It includes companies that have raised more than one million U.S. dollars of capital and with an estimated value of six million U.S. dollars or more.
Supplementary notes
Various sources include Surfing Tsunamis, Tecnolatinas, LAVCA, Crunchbase, Pitchbook, Techcrunch, Research Reports and Media Reports.
Citation formats
Latin America: capital raised by Tecnolatinas 2020, by geographic strategy
In 2020, companies with a regional geographic strategy raised approximately ** percent of the capital investments received by Latin American tech startups (also called Tecnolatinas). Meanwhile, businesses targeting the Brazilian market concentrated around ** percent of the capital raised by Tecnolatinas in 2020. This pattern is consistent with the rise of venture capital (VC) investments in the increasingly attractive Brazilian market, which accounted for over ** percent of all VC deals closed in Latin America in 2019.
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Inter-American Development Bank. (March 25, 2021). Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by geographic strategy [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1227317/latin-america-capital-raised-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. "Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by geographic strategy ." Chart. March 25, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1227317/latin-america-capital-raised-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. (2021). Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by geographic strategy . ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1227317/latin-america-capital-raised-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. "Distribution of The Capital Raised by Startups in The Tech Industry in Latin America in 2020, by Geographic Strategy ." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Mar 2021, /statistics/1227317/latin-america-capital-raised-startups-tech-industry-geographic-strategy/
Inter-American Development Bank, Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by geographic strategy ÌÇÐÄÆƽâ°æ, /statistics/1227317/latin-america-capital-raised-startups-tech-industry-geographic-strategy/ (last visited August 01, 2026)
Distribution of the capital raised by startups in the tech industry in Latin America in 2020, by geographic strategy [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: /statistics/1227317/latin-america-capital-raised-startups-tech-industry-geographic-strategy/
