
KPMG: Global venture capital investment soars to US$157bn in 2Q21
PRESS RELEASE from KPMG
(Please note that this is a machine translation)
August 27, 2021.- Investment in venture capital reached a record during the second quarter of 2021 worldwide: US $ 157 billion in 7,687 transactions. A strong initial public offerings (IPO) market, high valuations, and a seemingly endless supply of “ dry powder ” - marketable securities that are highly liquid and are considered cash-like - helped fuel the rise, according to the report's edition. Second Quarter 2021 of KPMG Private Enterprise's “ Venture Pulse” Quarterly Report, describing global trends in venture capital investments in key jurisdictions around the world.
The magnitude of investment during the quarter under review was boosted by ten rounds of financing greater than US $ 1 billion in eight countries, including Northvolt , based in Sweden (US $ 2.75 billion), and Waymo , with headquarters in the United States (US $ 2.5 billion). Likewise, Nubank , based in Brazil, stood out among the top 10 businesses this quarter (US $ 1.51 billion).
The Americas region attracted a record investment of more than US $ 84,000 million during the second quarter of 2021. While the United States participated with US $ 75,800 million of that total, in South America, Brazil, contributed 3%, that is say about US $ 2,730 million. In Europe, investment in venture capital continued its strong rise, reaching US $ 34 billion, reaching a record sixth consecutive quarter. In Asia Pacific, on the other hand, venture capital investment fell 11% quarter-over-quarter, from $ 42.8 billion to $ 38 billion, but the trend remained strong compared to the historical average.
Also, and while fintech is the most attractive investment sector globally, healthcare, biotechnology, educational technology, gaming, and food delivery continued to record considerable investment activity.
Highlights for Latin America
Venture capital investment was solid in Latin America during the second quarter of 2021, led by an increase of US $ 1.5 billion from Nubank, based in Brazil, + US $ 300 million from QuintoAndar, also based in Brazil , + US $ 250 million from Mexico-based cryptocurrency platform Bitso, and + US $ 201 million raised by Brazil-based payments firm CloudWalk. Bitso's rise caused the company to rate a unicorn, second only to used car sales platform Kavak. Fintechs continue to be a dominant focus for venture capital investment in Latin America, accounting for three of the top four deals this quarter.
Know the report in this link - https://home.kpmg/cl/es/home/insights/2021/01/2021-08-kpmg-chile-advisory-venture-pulse.html
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
News in: Political Risk & Macro (Mexico)

Security remains a pending issue for Mexico's mining industry
Industry representatives say there is still work to be done to address the problem of insecurity in the country's mining areas.

AMLO slams development banks, despite financing for Tehuantepec corridor
IDB announced in July financing of up to US$2.25bn to promote the relocation of companies in the Tehuantepec isthmus between Veracruz and Oaxaca st...
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects
Get key information on thousands of projects in Latin America, from current stage, to capex, related companies, key contacts and more.
- Project: Violeta wind farm
- Current stage:
- Updated:
19 hours ago
- Project: Llurimagua
- Current stage:
- Updated:
23 hours ago
- Project: 8 de Agosto hydroelectric plant
- Current stage:
- Updated:
20 hours ago
- Project: Los Helados
- Current stage:
- Updated:
1 day ago
- Project: Nueva Maitencillo-Punta Colorada-Nueva Pan de Azúcar transmission line
- Current stage:
- Updated:
20 hours ago
- Project: Olmeca Refinery (ex Dos Bocas)
- Current stage:
- Updated:
1 day ago
- Project: Ensenada Barragán thermal plant expansion
- Current stage:
- Updated:
19 hours ago
- Project: Block ES-T-106
- Current stage:
- Updated:
1 day ago
- Project: Block ES-T-87
- Current stage:
- Updated:
1 day ago
- Project: Block ES-T-201
- Current stage:
- Updated:
1 day ago
Other companies
Get key information on thousands of companies in Latin America, from projects, to contacts, shareholders, related news and more.
- Company: Ignis Partners, S.L.  (Ignis Energía)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: TermoAndes S.A.  (TermoAndes)
-
TermoAndes is a power producer that operates a combined-cycle natural gas plant in Argentina's Salta province. The facility started operations in 1999 and has capacity to produc...
- Company: Mili Professional
- Company: Tars Holding, S.A.P.I. de C.V.  (Axity)
-
Axity, formerly called Getronics Holding Mexico, is an ICT company born from the merge of the Mexican firm Intellego and the Mexican and Colombian branches of Getronics. Axity s...
- Company: Grupo GTD
-
Grupo GTD is a Chilean holding company for telecommunications providers with a focus on large and small and medium businesses (SME), government institutions and the residential ...
- Company: Empresa Construtora Brasil S.A.  (ECB)
-
Empresa Construtora Brasil S.A. (ECB) works on engineering and construction of projects on road, railway, urban, industrial, port and airport, civil and mining infrastructure, n...