Bogota-based startups raised investments of US $ 364 million in the first semester of 2021
Bogota startups concentrated 85% of the venture capital raised by the Colombian entrepreneurship ecosystem in the first half of the year. United States, Brazil, Mexico and Chileare the countries from which the largest number of investments arrived.
By: Invest in Bogota
Figures from the TTR, Emis, Orbis Crossborder, Crunchbase platforms, and calculations made by the Invest in Bogota entrepreneurship team, during the first half of 2021 Bogota Region received investment flows in entrepreneurship for US $ 364 million, 226 million more than that registered during the same period of 2020.
"This 163% increase in investment amounts received by Bogota-based startups reaffirms us that, despite the situation we have experienced during the last year and a half, startups in the city generate great interest to investment vehicles", highlights the Acting Executive Director of Invest in Bogota, Mauricio Romero, who also points out that the US $ 364 million that reached the enterprises in the first six months of the year is equivalent to 82% of the sum of the entire capital received by startups in Bogota Region between 2016 and 2018.
By countries of origin, the largest number of investments came from the United States, Brazil, Mexico, Chile and Argentina. When reviewing the sectors in which these investments were registered, the software and IT services sector stands out and accounted for 70% of the flows. Investments were also made in ventures associated with the retail, food, financial services, real estate and pharmaceutical sectors.
Bogota is a "metropolis that connects with strategic allies in Latin America ... the growth of its ventures has given traction to the ecosystem and has made the city a strategic point to grow the startup market", highlights Erik Díaz, General Partner of Blackshiip, an early-stage private equity fund, focused on the community of technological innovation and internationalization of startups, which in the first half of 2021 made an investment of US $ 50,000 in the Bogota startup Litics.
Another example of local startups that have recently raised venture capital is that of the company Contrato Marco, which received an investment from the fund Kalonia Venture Partners, specialized in Fintech startups.
For more visit: https://en.investinbogota.org/