A Look at Latin America's startup funding landscape in 2023
The Latin American startup funding landscape experienced a distressing quarter in Q1 2023, as funding slumped to the lowest in over two years amid a continued sharp contraction in investment deals, per data gathered by Crunchbase. The figures across all the funding stages do not look great against these earlier
The Latin American startup funding landscape experienced a distressing quarter in Q1 2023, as funding slumped to the lowest in over two years amid a continued sharp contraction in investment deals, per data gathered by Crunchbase.
The figures across all the funding stages do not look great against these earlier competitions. The late and early-stage investments were down dramatically both experiencing an 87% decline YoY respectively, while seed investment was down 73% YoY in the quarter, per the Crunchbase data.
The Techloy chart below shows a precipitating trend of funding from the second quarter of 2021.
