For the third quarter in the past year, Mexico-based companies raised more venture capital in Q2 than their Brazilian counterparts, Crunchbase data on startup funding in Latin America shows, as Silicon Valley investors including Founders Fund and Andreessen Horowitz (a16z) led some of the largest deals in the region. Mexico's startups led the LatAm pack in Q2 ' by a wide margin. The country's startups raised $944 million in the second quarter, up 131% compared to $409 million in last year's Q2, and up 136% from the $401 million raised in this year's first quarter, per Crunchbase data. For comparison's sake, that's almost as much as Latin American startups as a whole raised in the second quarter of 2025. In general, a continued boom in late-stage and growth funding helped buoy the region for the period, Crunchbase data shows. Startups in Latin America raised a combined $1.36 billion across seed- and growth-stage deals in the second quarter, up 47% year over year and 22% from the...
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