Discover the countries transforming the global VC landscape. These rising stars are home to booming industries and skyrocketing investment opportunities, shaping the future of innovation and entrepreneurship.
Total VC Investment (2023): $2.5 billion.
Main Sectors: Fintech and e-commerce, with Nubank receiving $500 million.
Growth: Brazil’s VC funding has tripled since 2018, driven by a young digital-first population and increasing financial inclusion.
Total VC Investment (2023): $1.8 billion.
Main Sectors: Fintech and mobile money, with platforms like Flutterwave raising $250 million.
Growth: Nigeria’s tech sector has grown by 30% annually, making it Africa’s largest VC hub.
Total VC Investment (2023): $1.5 billion.
Main Sectors: E-commerce, fintech, and ride-hailing services, with GoTo Group raising $400 million.
Growth: Indonesia has seen consistent VC growth of 20% annually, fueled by a rapidly urbanizing population and mobile penetration.
Total VC Investment (2023): $1.2 billion.
Main Sectors: Fintech, e-commerce, and edtech.
Growth: Government reforms and incentives have driven 25% annual growth in VC funding since 2019.
Total VC Investment (2023): $1 billion.
Main Sectors: Agritech and fintech, with M-Pesa leading the charge.
Growth: Kenya’s VC market has expanded by over 30% annually, earning it the nickname "Silicon Savannah."
Total VC Investment (2023): $900 million.
Main Sectors: Fintech and logistics, with Mexico City startups raising $600 million.
Growth: Mexico’s VC funding has doubled since 2019 due to trade agreements and proximity to the U.S.
Total VC Investment (2023): $800 million.
Main Sectors: E-commerce, health tech, and fintech.
Growth: Egypt’s VC activity has grown by 40% annually, driven by its youthful population and strategic location.
Total VC Investment (2023): $750 million.
Main Sectors: Fintech, renewable energy, and health tech.
Growth: South Africa’s startup ecosystem has grown 15% annually, with Cape Town leading innovation.
Total VC Investment (2023): $700 million.
Main Sectors: Fintech and agtech.
Growth: VC activity in Colombia has risen by 30% annually, supported by government incentives.
Total VC Investment (2023): $650 million.
Main Sectors: E-commerce and logistics.
Growth: VC funding in Bangladesh has tripled since 2019, driven by rapid urbanization and digital adoption.