← Atlas Theme · spans 1 topics
Venture capital returns to emerging markets at the top of the funnel, not the bottom.
LatAm's 65% funding rebound left early-stage startups with just 7% of dollars while the region's largest champion refused a £10B acquisition to keep capital in its core map — recovered money compounds scaled winners instead of widening the field.
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Topics it spans
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Findings citing it
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Evidence window
The convergence
The same conclusion keeps arriving from across the workspace's research — 1 topics independently instantiate this theme. Filter the evidence by where it came from:
LatAm & SEA Fintech Expansion
LatAm Venture Capital Rebounds to $4.7B but Concentrates at the Top — Seed-to-Series-A Funnel Narrows The rebound's dollars concentrate in already-scaled names while only 5% of the 2022 seed class ever reached the next major stage.
LatAm & SEA Fintech Expansion
Nubank's Push Beyond Latin America: Monzo Talks Dead — Capital Stays in Brazil, Mexico, Colombia and the US The region's dominant champion reinforces the concentration by refusing a transformational UK acquisition and keeping its capital inside its core markets.