Mexico Extends Its Venture Lead Over Brazil As More Global VCs Enter Latin America

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.