03
Market Readiness Now · 0–1 yr

Showcase & Visibility

Educate privately, convene publicly

Deep tech takes 6% of LATAM tech funding and the region runs six competing convenings. Educate the roughly 40 active funds privately, and consolidate the events into one flagship.

The rationale

Deep tech took US$536m of the US$8.8bn that flowed into LATAM tech in 2024, about 6%, third behind fintech and energy, on a total that includes debt and is not comparable to equity-only VC trackers. The audience able to change that is small. Hello Tomorrow’s 2025 mapping identifies roughly 40 VC funds active in the region; the IDB counted 65 with at least one deep tech investment in 2023, a different inclusion rule rather than a decline. Off the radar sits capital with no exposure at all, including long-accumulated wealth tied to oil, agriculture and mining in regions such as southern Argentina.

Two instruments, one private and one public. Privately, structured investor education for VCs, corporate venture arms, family offices and high-net-worth individuals, covering capital requirements, R&D timelines, exit strategies and sector-specific success metrics, and built on named proof points rather than theory: companies that secured follow-on rounds, entered regulated markets, or commercialised a breakthrough. The stated objective is a new class of regional angels. Publicly, one flagship forum in place of the current spread of demo days and national summits, with exhibitions, keynotes and investor roadshows and a deliberate invitation strategy that seats international LPs and strategic corporates.

The weak point is return evidence. The only regional ROI figure that exists is SOSV/IndieBio’s 72% gross average return on its LATAM deep tech portfolio between 2015 and 2023, and the report’s own recommendation 20 calls it a single-manager statistic not directly comparable to global benchmarks. Education built on it collapses in the first serious diligence conversation. Until the $1 test and a regional IRR series exist, the defensible pitch is the endowment, the growth rate and the price, with the return evidence labeled as pending rather than presented as settled.

The evidence

6% Deep tech share of LATAM tech funding in 2024, US$536m of US$8.8bn including debt Sling Hub & Itaú, 2024
~40 VC funds active in LATAM deep tech in 2025, on a narrower rule than the 65 counted in 2023 Hello Tomorrow, 2025
1,316 Deep tech companies mapped and presented at a single convening, 11 September 2025 EMERGE (Emerge Brasil) & Cubo Itaú, 2025-09-11

What it unlocks

One stage instead of six, and a nameable list of roughly 40 funds moved from unaware to educated, with the return evidence flagged as still missing.

It has been done before

Europe, the EIC corporate-startup collaboration program

Since 2017 the European Innovation Council, working with Hello Tomorrow, has run structured matching between deep tech startups and large corporates. Its July 2025 review reports more than 1,500 startup-corporate engagements involving over 120 corporations, and puts CVC-backed startups at a 1.24% bankruptcy rate against 2.58% without. It is a convening function with a published count attached, which is what separates it from a season of unmeasured events.

Hello Tomorrow & European Innovation Council (EIC), 2025-07

First moves

  1. 0–6 months

    Publish the investor curriculum and run two cohorts

    Release a four-module syllabus covering capital requirements, R&D timelines, exit paths and sector KPIs, each module anchored on a named regional proof point, and run it for two cohorts, one of family offices and one of corporate venture arms.

    LADP coalition secretariat + LAVCA + national VC and family-office associations
  2. 6–18 months

    Merge the calendar before merging the event

    Get the existing conveners to publish one shared regional calendar and a single co-branded investor track with pooled sponsorship and a common invitation list, ahead of any attempt to consolidate the events themselves.

    Existing summit conveners + IDB Lab + Pacific Alliance and Mercosur secretariats
  3. 18–36 months

    Launch the rotating flagship on an annual KPI release

    Hold the first pan-LATAM flagship in a rotating host city, anchored on an annual KPI release covering deals, pilots, grants and cross-border expansions, with an invitation strategy that seats international LPs and strategic corporates.

    LADP coalition secretariat + leading funds and accelerators + host-country development agency

How we would know it worked

  • Standalone national deep tech convenings in the region, counted annually against the six named in the report, falling as the flagship absorbs their investor tracks.
  • First-time deep tech investors, counted as funds or family offices writing a first deep tech cheque within 12 months of completing the curriculum, above 10 per year.
  • International LPs and strategic corporates attending the flagship, from the registration list, above 50 in the first edition.
  • Deep tech share of LATAM tech funding, from the annual regional market review, rising from the 2024 baseline of 6%.

What could go wrong

The flagship becomes a seventh event

Six convenings already compete for the same speakers, sponsors and week of the calendar, and launching a flagship without retiring anything adds to the fragmentation it was meant to fix. Contain it by making co-branding conditional on conveners folding their standalone investor track into the flagship, and by rotating the host city among them so no convener loses its franchise.

Educating investors on a number the report itself disowns

The program’s headline return evidence is one manager’s 72% gross average return, which the report says is not comparable to global benchmarks. Teaching it as a regional ROI figure will be caught. Contain it by printing the single-manager caveat inside the curriculum, and by treating the regional IRR and $1-test work as a stated dependency rather than an afterthought.

Who acts

InvestorsPolicymakersFounders

Rests on

02 Metrics & Success Stories A deep tech KPI framework

15 A Pan-LATAM Forum One flagship, one annual KPI release

14 Research & Visibility An open data commons and a funding catalogue

16 Extended Funders Mapping A versioned registry the community can audit

20 The $1 Test What a dollar committed to LATAM deep tech actually returned

The data behind it

The fastest-growing sector in the region
+219%Deep tech funding growth
+189%Equity funding growth
+37%Overall tech rebound
4×Corporate VC growth (2020–24)

In 2024 deep tech outgrew every other tech vertical in LATAM, by funding and by equity.

As originally publishedAs of 2024Report p.43

As published in the report, September 2025.

SourcesSling Hub & Itaú, LATAM Startup Market 2024 in Review; Dealroom.co, Deep Tech Overview: Latin America

Methodology: YoY 2024-over-2023 growth (Sling Hub) plus CVC 4× (Dealroom, ledger #76/#127). Two cycles old; refresh to FY2025.