
The two years that followed the peak of the COVID-19 pandemic (2020 and 2021) were some of the best in technology startup history. At a global level, startups raised $643 billion in 2021 compared to $335 billion in 2020, according to data from Crunchbase.
Latin America was no exception. In 2021, investment in Latin American startups grew 300% year-over-year, reaching $19.6 billion.