Venture Capital investment in Mexico during 2021 exceeded 4 billion dollars, an increase of 294% compared to 2020 and more than 2,000% compared to 2016, five years ago, according to the Transactional Track Record platform.

Local and foreign investment funds invested in Mexican startups a total of 4,767 million dollars in 2021. This amount is 294.16% higher than the 1,210 million dollars raised in 2020 and explains that in the year just ended four Mexican startups were valued at more than 1 billion dollars, thus becoming unicorns.

Investment in startups in Mexico was spread across 167 transactions throughout the year, which is 60% more than the 104 that occurred in 2020. The two raises of pre-owned car buying and selling company Kavak, worth more than US$1 billion, and the investment in cryptocurrency exchange Bitso, worth US$250 million, were the largest venture capital transactions recorded in 2021.

Source: Advisor News