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Latin American foodtechs raised US$1.7 billion in 10 years; Brazil leads sector

RIO DE JANEIRO, BRAZIL - Nearly 1/3 (123) of the foodtechs mapped are located in Brazil. Of these, 33% are from the logistics and data management sectors, 54% had access to financing and raised US$828 million over the last decade - almost half of the total in the period.

Argentina, Colombia and Mexico are the main countries where these startups go when looking to expand internationally.

The survey identified 323 companies from the region's main markets: Brazil, Argentina, Chile, Colombia, and Mexico. Of these, 102 participated through questionnaires. There were also 20 interviews with entrepreneurs, investors, investment funds, and . . .

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