Fintechs continue to be a vortex for most tech venture capital investments in Latin America. 

But some segments in certain countries have become the apple of investors’ eyes: Mexico and Colombia, for example, are seeing substantial VC investments pouring into logtechs and proptechs, respectively.

“Mexico has really big traditional infrastructure for deliveries, both from last-mile deliveries all the way to freight-forward, which helps to explain this,” Carlos de la Vega, president of the Latin America Venture Capital and Private Equity Association (Lavca), told BNamericas.

“We have companies such as Nuvocargo, CargoX, that are trying to expand into there, capitalize into the opportunities and capture a big part of that market through fundraising,” 

Source: Business News Americas / BN Americas - Chile