Reported 12 months ago
In Latin America, venture capital dealmaking has reached the slowest pace in six years, with 323 deals valued at $2 billion in the first half of the year. This slowdown is attributed to fewer exits, US investors pulling back from the region, and global economic uncertainties. The second quarter saw the lowest capital investment in startups since 2018, reflecting cautious investor behavior. If the current trend continues, 2024 may see the lowest exit value in Latin America since 2016, amidst ongoing challenges in VC fundraising and de-risking strategies.
Source: YAHOO