Business

June was the month with the highest amount of investments in Brazil and Mexico in 2021: Sling Hub

Of the 4 industries that investors allocated money in Mexico, fintech was responsible for 7 deals, including the one that brought Mexico's latest unicorn: Clip

Photo: Business Wire/Courtesy Clip
  • June was the month with all-time most Series C and Series A rounds in Brazil;
  • Together, Brazil and Mexico’s startups raised $4.5 billion in June.

Brazilian startups raised nearly $4 billion in June, through 80 rounds and 22 mergers and acquisitions, according to the latest Sling Hub‘s report.

The amount is almost 2/3 of what was raised in 2021 so far. It was also the best month of the year for investments in Mexico, with 10 rounds and one M&A. In total, Mexican startups raised $506 million last month.

Together, Brazil and Mexico‘s startups raised $4.5 billion in June.

READ ALSO: Mexican Fintech Konfío raises a $125 million round led by Lightrock

The platform also shows that June was the month with all-time most Series C and Series A rounds in Brazil, 5 and 18, respectively.

READ ALSO: Bitso’s ‘formula’ to become Mexico’s second unicorn

The most active investor in Mexico in June was KASZEK, that invested in 3 rounds in the country.

Of the 4 industries that investors allocated money, fintech was responsible for 7 deals, including the one that brought Mexico‘s latest unicorn: Clip, after raising $250 million.

Get the best insights about Latin America market in your inbox