TLDR:
Key Points:
- Latin American energytechs raised $213mn in 2023.
- Uber Brazil to invest $193mn in expanding its Tech Center.
Latin American energy startups, known as energytechs, raised $213mn in 2023, focusing on renewable sources, decarbonization, and alternative fuels. Brazil leads with 64% of companies, followed by Mexico, Chile, Colombia, and Argentina. Uber announced a $193mn investment over five years to grow its Tech Center in São Paulo, aiming to hire 200 more tech professionals. Brazilian fleet management startup Infleet secured a $10mn investment, with participation from Indicator Capital and other investors. Mexican real estate tech platform Homie.mx expanded its operations to Chile, while Brazilian healthtech Wanda raised $1.5mn to optimize nursing professional recruitment processes. Mexico’s healthtech Welbe raised $7mn in a series A round, and Brazilian financial platforms CloudWalk and Pagaleve secured significant funding through credit rights investment funds. Additionally, Brazilian IT consultancy Deal acquired Portugal’s Sysvision to expand its data management and AI solutions. These investments signify a growing interest in tech and innovation in Latin America, with a focus on energy, transportation, real estate, health, and finance sectors.
