Miami is key to boost investment in startups in LatAm

Latin America is seeing almost daily announcements about capital raises, new startups, and recently created companies whose services have won market share over large competitors.

The region is now booming as a lab of good ideas, where unicorns like Rappi, Cornershop, Clip, Kavak, Bitso, NotCo, NuBank, and Loggi, to name a few, have emerged.

 

This is precisely where Miami becomes such a strategic cornerstone. The city is currently the largest venture capital market in the world, according to A Bridge to the Future, a study presented this week during the IDB Lab Forum.

The startup ecosystem in Miami is one of the fastest-growing in the U.S., with venture capital growing six-fold every year since 2015.

The report discusses that there can be a mutual benefit generated by building a stronger connection with the innovation ecosystems of Latin America and the Caribbean (LAC).

Read the complete article on Contxto >

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