Happy birthday 500 Latin America! Ten years ago, Managing Partner Santiago Zavala joined 500 Global to help set up our Mexico City office. Things have come a long way since. “It was very hard to get people from the U.S. to invest into the startups because they didn't know the industry,” he recalls of the early days.

No more. Last year, Latin America experienced record levels of venture funding, which remained strong in Q1 2022 compared to Q1 2021. Over the past decade, 500 Latin America has made more than 250 early stage investments across Spanish-speaking countries, including Argentina, Chile, Colombia, and Peru. Two are now unicorns: Mexico-based Clip and Konfio.

Despite the economic downturn, Santiago believes the best is yet to come. Tune into Rise of the Next to listen.

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