GRIDX × LADP × El Gato y La Caja

A world-class ecosystem

Analysis and projection of Latin America’s BIO startup ecosystem

GRIDX, LADP and El Gato y La Caja modelled the next 10 years of venture capital for the region’s life-sciences companies.

Published 28 September 2026

At a minimum, the region can absorb USD 2.6 billion in venture capital for bio startups over that period. If more companies are created and the step from preseed to seed improves, the figure can reach USD 5.5 billion.

The analysis compares the region’s roughly 400 bio startups with a global benchmark of equivalent startups. It covers graduation rates between rounds, time between rounds, median capital raised per round, Latin American trajectories against the global benchmark, and 10-year scenarios driven by company creation and early graduation.

This work is a preliminary analysis. We are now developing a more robust and comprehensive report. If you would like to explore a strategic partnership to strengthen this model and extend its reach, write to us.

Credits

  • Original idea and initial database: GRIDX
  • Data analysis: LADP
  • Methodological development: El Gato y La Caja