Fintechs by far dominate the tech start-up landscape in Latin America, with 38.4% of the funding received in the first quarter of this year. Which type of tech start-up is next when it comes to raising venture capital funds?

ANSWER

Biotech/Agrotech, followed very, very closely by technology services ventures. This type of technology venture continues to attract the attention of investors. In July, a group of investors led by Brazilian bank XP closed a US$62 million contribution to Brazilian biotech SuperBac, focused on the use of bacteria for high-performance applications in agriculture, sanitation, petroleum and consumer goods.