Copec WIND Ventures Fourth Annual Growth Markets Survey of VCs Reveals Latin America as Most Compelling Growth Market
SAN FRANCISCO, Feb. 27, 2024 /PRNewswire/ -- Copec WIND Ventures , the strategic venture capital arm of Copec, a leading energy company in Latin America, today announced the results of its fourth annual survey of the venture capital community's outlook on global growth markets outside of North America and Europe.
- SAN FRANCISCO, Feb. 27, 2024 /PRNewswire/ -- Copec WIND Ventures , the strategic venture capital arm of Copec, a leading energy company in Latin America, today announced the results of its fourth annual survey of the venture capital community's outlook on global growth markets outside of North America and Europe.
- "In the ever-evolving landscape of global venture capital, Copec WIND Ventures' fourth annual survey reveals a notable shift in sentiment since we started this survey in 2020, positioning Latin America as the preferred growth market for startups," said Brian Walsh, head of WIND Ventures.
- According to this year's survey, VCs' view of which markets are best for startup expansion outside of North America and Western Europe has evolved dramatically.
- In 2023 Latin America (LatAm) came out as the best growth market, with 37% of VCs choosing the region as the most compelling, while only 13% believe that China is the most compelling.