The figures for venture capital funding in Latin America during the third quarter have come out and confirmed the slowdown during the first half of the year has continued. The investment in Q3 was still a large $1.1 billion dollars, which is higher than the amounts we used to see before 2019. This is the fifth decreasing consecutive quarter since peaking in Q2 2021.
Based on market sentiment, I expect funding to stay around this level for the next 2-3 quarters, but this will depend on how inflation, interest rates, and the general economy evolves. Time will tell.
