By Magdalena Coronel and Alejandro Rodríguez Vahos
In Latin America and the Caribbean, technology is increasingly establishing itself as a key driver of productive development and expanded opportunities. In this context, several markets across the region have shown sustained progress in channeling capital toward innovation, with Mexico emerging as one of the main hubs of activity.
At IDB Lab, the innovation and venture arm of the IDB Group, we work to mobilize capital toward early-stage solutions that address the region’s structural challenges. Our current portfolio includes 51 active funds supporting more than 1,100 companies across Latin America and the Caribbean.
The data reflects the ecosystem’s momentum. In 2025, according to LAVCA, Mexico accounted for approximately $1.427 billion in venture capital investment across 107 deals, and $4.585 billion in private equity through 185 transactions. These figures highlight the scale and level of activity in the market.
In line with this evolution, IDB Lab has built a strong presence in the country through investments in funds and direct operations. Our portfolio includes indirect exposure to more than 200 companies in Mexico through our active venture capital fund portfolio.
This approach is reflected in investments such as Cometa, supporting the growth of startups that expand access to financing; Aviva, broadening financial services for microentrepreneurs; Sofía, developing digital health solutions; and Toroto, advancing sustainable production models in rural communities.
These experiences demonstrate how the combination of capital, knowledge, and partnerships contributes to closing gaps in key sectors for development.
At the same time, the ecosystem continues to show signs of evolution, including the expansion of pension funds’ investment mandates into alternative assets, the maturation of venture capital portfolios, and growing interest in mechanisms that increase private capital liquidity.
The role of actors that bridge the public and private sectors is essential to expand the reach of investment and strengthen more dynamic and resilient ecosystems.
Platforms such as AMEXCAP help connect investors, fund managers, entrepreneurs, and institutions around concrete opportunities, facilitating the exchange of experiences and the identification of new ways to mobilize capital in the region.
IDB Lab’s participation in these spaces aims to contribute to that dialogue and continue building partnerships that expand access to financing for companies and high-potential sectors across the region.