TLDR:
– The Latin American startup ecosystem has proven to be resilient and holds great potential, despite recent shifts in investor dynamics.
– The adoption of AI in companies in Latin American countries has increased, with Colombia and Mexico leading the way.
The year 2024 marks 25 years since Susana Garcia-Robles began her career as a venture capital investor. She reflects on the resilience and potential of the Latin American startup ecosystem, highlighting the success of companies like Prometeo, which secured $13 million in funding. The region has experienced growth in its entrepreneurial ecosystems since 2013, with increased access to technology and the application of generative AI driving innovation. The adoption of AI in Latin American countries has increased by 13%, with Colombia and Mexico leading in adoption rates. In late 2022, generative AI emerged as a rapidly evolving technology with far-reaching impacts. Garcia-Robles believes that Latin American entrepreneurs have the qualities needed to adapt to constant changes. She sees generative AI as a catalyst for inclusion and exponential growth in all aspects of our lives. Capria Ventures predicts that generative AI will empower growth across the Global South, including Latin America, through accessible education, breaking language barriers, revolutionizing healthcare, transforming agriculture, and enabling data-driven mobility transformation. Garcia-Robles advises Latin American startups to embrace generative AI, as it will profoundly change the rules of the game for them.
