Venture investment in the region topped USD4b for a second consecutive year, with a record 488 deals in 2020, record seed and early-stage investments in a number of major markets, and strong dealmaking activity spilling into Q12021.

Collaborative investing between local and global fund managers accelerated, building on past momentum. Fintech remains the dominant theme, followed by e-commerce and proptech, with notable growth in pandemic-relevant sectors including healthtech and edtech. Exit activity and M&A ticked up during the pandemic driven by corporate and startup acquirers. Established fund managers and new players alike closed on new funds, in tandem with a wave of SPAC listings.

LAVCA Members can also download our accompanying LAVCA Data Pack for 2020 fundraising and disclosed closings; exits; all disclosed transactions, sortable by stage, sector and HQ; stage analysis for the major markets; sector breakouts with year-over-year sector growth. Login and see below.

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