For the first time the main players in venture capital, corporate venture capital and family offices investing in Latin American startups gathered at the VC Latam Summit.
The meeting, held in Miami on October 27 and 28, was attended by nearly 250 people, including representatives of 70 LPs and more than 60 entrepreneurs.
During the two days there were different spaces to talk about investment opportunities in Latin America, the ties that can be created with Miami and to listen to the pitches of several startups.
The networking and investment event brought together members of the Chilean Venture Capital Association(ACVC), the Brazilian Association of Private Equity and Venture Capital(ABVCAP), the Mexican Association of Private Equity(AMEXCAP), the Argentine Association of Private Equity, Entrepreneurship and Seed Capital(ARCAP), the Colombian Association of Private Equity(ColCapital), the Peruvian Association of Seed Capital and Entrepreneurship(PECAP) and Uruguay XXI.
The first event was a lunch that brought together an unprecedented 70 LPs, who came from all over the world interested in learning more about investment opportunities in Latin America.
Eduardo Cortina, president of Amexcap, Andrés Durán, ambassador of Uruguay to the United States, Diego Gonzalez Bravo, vice president of ARCAP, Francisco Guzmán, president of ACVC, Patricia Saenz, president of ColCapital, Meghan S., president of PECAP, and Daniel Signorelli, advisory board member of ABVCAP, spoke about the great moment that the region is experiencing and the enormous amount of opportunities that are being generated.
Later in the evening, participants enjoyed a cocktail reception where they were able to continue bonding at LATAM Night.
The Miami Latam Connection, led by Microsoft for Startups, opened the activities of the second day. On the occasion, different specialists sought to generate a space for connection between the ecosystem of Latin America and Miami.
The event was attended by Jose Ortiz Masllorens, head of corporate development hispanics at Mercado Libre, Bruno Ropu Rovagnati, co-founder and managing partner of BDev Ventures America, Damian Voltes, co-founder and Ceo of Fiera Ventures, Mariano Amartino, Americas managing director of MSFT for Startups, Demian Bellumio, founder of Miami Tech Life PBLLC, Laura González-Estéfani, founder and CEO of TheVentureCity, and Matt Haggman, executive vice president of The Beacon Council.
On the second day Carey, one of the sponsors of the event, organized a cocktail party that once again brought together Latin American venture capital fund managers, members of the organizing associations and prominent LPs.
This event, which took place on a terrace in downtown Miami, was an excellent opportunity to continue the contact generated during the previous day's activities, and where participants were able to further deepen both the ties created and the opportunities for collaboration.
VC Latam Summit also had a demo day. Organized by Amazon Web Services (AWS), 13 startups had the opportunity to pitch in front of 18 of the top managers in the region.
The activity opened with words from the AWS organizing team, followed by a ten-minute pitch from each of the companies selected from the portfolios of the seven associations organizing the event. They were: Agree.Ag, Producteca, Drixit Technologies and Einsted.Bio from Argentina; CamiónGO and Poliglota PE from Chile; Aflore, Vozy and Linked Ai from Colombia; Bankuish, CINCEL and Unima from Mexico; and Moovin App from Costa Rica.
After two hours of demoday, the 120 funds and investors present were able to observe the talent present in the region, represented by the 13 startups and 54 other entrepreneurs, and then enjoy a cocktail where they had the opportunity to explore possibilities for raising capital.
The meeting was made possible by the support of Amazon Web Services (AWS), Microsoft for Startups, Brown Rudnick LLP, JTC Group, Grupo Amicorp, Carey and Silicon Valley Bank.