VC funding in Latin America reached a record high in 2019.
According to data gathered by LAVCA, last year’s investments totaled $4.6 billion compared to about $2 billion in 2018.
In Silicon Valley, startups attracted almost $ 46 billion last year but, with the global pandemic, investments are expected to subside this year.
How will it affect startups’ ability to raise seed capital?
On May 14th, join the dialogue with investors based in Brazil & Silicon Valley for an assessment of the venture scene in these regions and insights on what founders can do to attract new funding and mitigate the Covid-19 effects.
Amit Garg is the Managing Partner at Tau Ventures, a seed fund in Palo Alto focused on applied AI in digital health, automation (cars, drones, robots), and enterprise. The firm’s 10 current investments include Blendid (robotic arm for making food), RubiconMD (referral service for primary care physicians), Elemental Machines Read More
Carol Strobel is the Operating Partner and Investor Relations at Redpoint eventures. Carol has huge experience in the startup and innovation ecosystem. She has been the Legal Director of Intel Capital for Latin America, focusing on Venture Capital, Private Equity and Mergers and Acquisitions for Read More
Rafael Costa is a General Partner at Vulcan Capital where he leads the growth equity investment efforts globally. Vulcan Capital is the investment management firm, which oversees Microsoft Co-Founder and philanthropist Paul Allen’s multi-billion dollar portfolio. While at Vulcan Rafael has led investments in Read More
Grab, Intercom, Loft, ScaleFActor, Signal Sciences and TraceLink as well as supported investments in Flipkart (Acquired by Walmart), Souq (Acquired by AMZN), Spotify (NYSE: SPOT), TrueCar (Nasdaq: TRUE), Uber (NYSE: UBER) and Zuora (NYSE: ZUO). Vulcan’s Growth Equity fund, makes investment in the $10M to $200M range, including mid to late-stage venture capital, growth equity and strategic public market block on a global basis. Vulcan’s mandate is to be a flexible, long-term partner to global technology companies with proven traction and market leadership.
Rafael also co-founded and serves as a Venture Partner to ONEVC, a generalist seed-stage firm making investments in Latin America and the US. Prior to joining Vulcan Capital, Rafael worked at Summit Partners, a global growth equity firm where he was responsible for originating, conducting diligence on and supporting private investments in enterprise software, communications technology, and Internet companies for Summit’s Growth Equity Technology team. Previously, Rafael worked as an investment banker in the Global Technology, Media and Telecom group at UBS Investment Bank in New York. Rafael graduated with distinction and business honors from the Kelley School of Business at Indiana University, where he earned a BS in Finance, Accounting, and Entrepreneurship & Corporate innovation.