Latin American startups raised $1.3B in Q3, up 26% year over year

Startups across Latin America raised $1.3 billion in venture funding during the third quarter of 2026 ^[0]. The quarterly total reflects a 26% increase compared to the same period last year ^[1].

Regional activity throughout 2026 has concentrated in two primary markets. Startups in Mexico secured $1.52 billion through the third quarter ^[1]. Brazil followed with $1.08 billion across the same span ^[1]. Allen Taylor, managing partner at Endeavor Catalyst, noted recurring attention cycles from international backers ^[1].

Several large rounds supported the quarterly rebound ^[1]. Black Giant pulled in $225 million, while Erco Energía secured a $129 million Series C ^[1]. Kapital closed its own Series C at $125 million, and Kesh Bank raised $106.9 million ^[1]. Outside later-stage deals, Decade, co-founded by Vitor Olivier and Felipe Meneses, raised an $85 million seed round ^[1].