Venture Capital Takes Off In Mexico, Latin America

According to theĀ Latin America Venture Capital AssociationĀ (LAVCA), Mexican startups raised $469 million dollars in 25 projects in 2011 through these venture capital funds, compared to the $211 million dollars raised through 19 deals in 2010. For 2012, LAVCA estimates that VC firms will invest around $1 billion in more than 30 deals.