Every figure, downloadable and citable.
The data behind the report, each dataset with its unit, as-of date, source list and a ready-to-paste citation. Switch between the figures as the report published them and the re-verified current ones. Download as CSV or JSON. Cite the data, not a screenshot.
Data is provided for research and analysis. Attribute the LADP and the underlying sources. Downloads carry both editions whichever one is on screen. Most figures have not been re-verified since September 2025 and say so; treat “as published” as the published record, not as a claim about today.
Showing figures current to July 22, 2026.
Per-capita deep tech investment
As published in the report, September 2025.
| Category | Value |
|---|---|
| United States | $153 |
| Europe | $31 |
| Latin America | $15 |
| Asia | $3 |
SourcesLatin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America; Inter-American Development Bank (IDB Lab), Deep Tech: The New Wave; Sling Hub & Itaú, LATAM Startup Market 2024 in Review; Atomico, State of European Tech Report 2024
Methodology: LADP calculation from cumulative regional deep tech investment ÷ population. ledger #67: denominators are inconsistent (Asia = continent, Europe ≈ EU). Recompute with stated population bases before refreshing.
"Per-capita deep tech investment" [dataset]. Source: Latin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America (2025). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-per-capitaCumulative investment by region
As published in the report, September 2025.
| Category | Value |
|---|---|
| United States | $52.0B |
| Europe | $14.0B |
| Asia | $13.0B |
| Latin America | $2.5B |
SourcesInter-American Development Bank (IDB Lab), Deep Tech: The New Wave; Dealroom.co, Deep Tech in Europe, Dealroom Deep Dive
Methodology: Cumulative-to-Sept-2024 per Science|Business. ledger #65. NOT refreshed to a comparable current series ON PURPOSE: public 2025 figures use incompatible deep tech taxonomies (Tracxn US ~$179bn vs Dealroom Europe $20.3bn, not comparable) and refreshing across them would repeat the report's own error. Scale anchor for the chart caption: Europe alone was $20.3bn of ANNUAL deep tech VC in 2025 (Dealroom), against the report's $14bn CUMULATIVE, so label units explicitly and treat the four bars as a 2024 cumulative snapshot, not a live comparison. Global deep tech ~$250bn in 2025; US ~45% of deals, Europe ~30%, Asia >20%.
"Cumulative investment by region" [dataset]. Source: Inter-American Development Bank (IDB Lab), Deep Tech: The New Wave (2023). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-regional-totalsFrom $300m to a 20× horizon
As published in the report, September 2025.
| Year | Value |
|---|---|
| 2019 | $0.30B |
| 2023 | $2.00B |
| 2024 | $2.54B |
SourcesInter-American Development Bank (IDB Lab), Deep Tech: The New Wave; Sling Hub & Itaú, LATAM Startup Market 2024 in Review; Latin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America
Methodology: Cumulative LATAM deep tech investment. ledger #63/#64: extend through FY2025 and H1-2026; the $2.54bn endpoint mixes an annual flow into a cumulative stock.
"From $300m to a 20× horizon" [dataset]. Source: Inter-American Development Bank (IDB Lab), Deep Tech: The New Wave (2023). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-trajectoryLATAM venture funding, all tech
Not in the published report. Added since.
| Year | Value | Basis |
|---|---|---|
| 2023 | $4.2B | |
| 2024 | $4.5B | |
| 2025 | $4.8B | |
| 2026 | $6.2B | Projected |
SourcesDealroom.co, Latin America, Dealroom Deep Dive; LAVCA (Association for Private Capital Investment in Latin America), 2025 Latin American Startup Ecosystem Insights; LAVCA, 2026 LAVCA Trends in Tech
Methodology: NEW refresh dataset. LATAM all-tech VC by year (Dealroom Deep Dive series for consistency). 2026 is H1 $3.1bn actual → $6.2bn full-year projection (projected:true). LAVCA equity-only figures run lower (~$4.1bn 2025); the gap is debt/structured instruments, see methodology.md. Not deep-tech-specific.
"LATAM venture funding, all tech" [dataset]. Source: Dealroom.co, Latin America, Dealroom Deep Dive (2026). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-funding-by-yearWho funds the research
As published in the report, September 2025.
| Category | Value |
|---|---|
| Latin America | 35% |
| United States & Europe | 60% |
| China | 80% |
SourcesECLAC / CEPAL, Ciencia, tecnología e innovación: cooperación, integración y desafíos regionales (LC/TS.2022/156); UNESCO Institute for Statistics (UIS), 2026 R&D Data Release
Methodology: ECLAC Graph I.3, 2019 data (ledger #75/#97). us-eu government = 25 is the midpoint of the report's "20–30" range. Superseded framing: UIS 2026 gives LAC R&D at 0.57% of GDP vs 1.92% global, a stronger level comparison than this composition split.
"Who funds the research" [dataset]. Source: ECLAC / CEPAL, Ciencia, tecnología e innovación: cooperación, integración y desafíos regionales (LC/TS.2022/156) (2022). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-rd-mixCorporate VC into LATAM deep tech
As published in the report, September 2025.
| Year | Value |
|---|---|
| 2020 | $9.0M |
| 2022 | $119.0M |
| 2023 | $73.9M |
| 2024 | $36.5M |
SourceDealroom.co, Deep Tech Overview: Latin America
Methodology: Dealroom LATAM deep tech CVC (ledger #127). 2021 is "n/a" in the report (null). Fell 70% from the 2022 peak but still 4× the 2020 base, present the full series, not just the 4×. Needs 2025/H1-2026 extension.
"Corporate VC into LATAM deep tech" [dataset]. Source: Dealroom.co, Deep Tech Overview: Latin America (2024). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-cvc-trendDeep tech capital raised since the report
Not in the published report. Added since.
| Category | Value | Date |
|---|---|---|
| GRIDX Fund II | $30M | 2025 |
| Draper Cygnus | $50M | 2025 |
| China NVCGF (committed) | $17,500M | 2025-12 |
SourcesScenius LATAM (via LinkedIn), GridX: The Matchmaker for Scientists & Business; Inter-American Development Bank (IDB Lab), IDB Lab Approves Investment to Boost Deeptech Ventures in Latin America (GridX Fund II, RG-Q0095); The Quantum Insider, China Launches $138 Billion Government-Backed Venture Fund, Includes Quantum Startups; The State Council, People's Republic of China, China unveils national venture capital guidance fund to boost innovation
Methodology: NEW. Deep tech capital vehicles committed/launched since the report (Sept 2025). Partial, sourced list. amountUsdM in USD millions; the China figure is committed-to-date of a much larger 20-year vehicle.
"Deep tech capital raised since the report" [dataset]. Source: Scenius LATAM (via LinkedIn), GridX: The Matchmaker for Scientists & Business (2024). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-capital-new-fundsA highly concentrated map
As published in the report, September 2025.
| Category | Value | % |
|---|---|---|
| Brazil | 1,048 | 40.8% |
| Mexico | 358 | 14.0% |
| Argentina | 256 | 10.0% |
| Chile | 251 | 9.8% |
| Colombia | 219 | 8.5% |
| Rest of LATAM | 434 | 16.9% |
SourcesLatin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America; Tracxn Technologies, Tracxn, LATAM deep tech company database (LADP extract); EMERGE (Emerge Brasil) & Cubo Itaú, Radar Deep Tech LATAM 2025
Methodology: LADP/Tracxn count and share. ledger #25/#26: EMERGE's independent mapping disagrees sharply (Brazil 72.3% vs 40.8%; different rank order). Neither is "the" number, a definitional gap, not an error.
"A highly concentrated map" [dataset]. Source: Latin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America (2025). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-ecosystem-countriesLATAM deep tech by sector
Re-checked against a current source. Unchanged from the published report. (EMERGE (Emerge Brasil) & Cubo Itaú)
| Category | Value |
|---|---|
| Biotechnology | 61% |
| Artificial Intelligence | 11% |
| Nanotechnology | 6% |
| Cleantech | 5% |
| Spacetech | 4% |
| Advanced Mobility | 4% |
| Robotics | 2% |
| Advanced Manufacturing | 2% |
| Healthtech | 2% |
| Advanced Materials | 1% |
| Medical Devices & Others | 1% |
SourcesInter-American Development Bank (IDB Lab), Deep Tech: The New Wave; EMERGE (Emerge Brasil) & Cubo Itaú, Radar Deep Tech LATAM 2025
Methodology: IDB 2023 sector split by COMPANY COUNT, CONFIRMED still current by EMERGE Radar 2025 (biotech 61% / AI 11% both editions). But it measures the stock, not the flow: see the new `aiMomentum` dataset, AI is 11% of companies yet ~70% of rounds by 2023–2025 vintage. Pair the two on the site (ledger #42).
"LATAM deep tech by sector" [dataset]. Source: Inter-American Development Bank (IDB Lab), Deep Tech: The New Wave (2023). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-ecosystem-sectorsThe scale-up funnel
As published in the report, September 2025.
| Stage | Value | Median ticket (USD M) |
|---|---|---|
| Seed | 72% | $0.6M |
| Series A | 19% | $8.3M |
| Series B+ | 9% | $17.0M |
SourcesLatin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America; Tracxn Technologies, Tracxn, LATAM deep tech company database (LADP extract); Inter-American Development Bank (IDB Lab), Deep Tech: The New Wave
Methodology: Share of ventures by stage (LADP/Tracxn) with median ticket in USD m. ledger #35: the report text (10%, "22 startups") contradicts this chart's Series-B share (9%).
"The scale-up funnel" [dataset]. Source: Latin American Dynamism Project (LADP), Accelerating Deep Tech in Latin America (2025). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-ecosystem-funnelWhere 2024 funding went
As published in the report, September 2025.
| Category | Value |
|---|---|
| Fintech | 55% |
| Energy | 13% |
| Deep tech | 6% |
| Other verticals | 26% |
SourcesSling Hub & Itaú, LATAM Startup Market 2024 in Review; Dealroom.co, Latin America, Dealroom Deep Dive
Methodology: Total funding share 2024. Report names fintech 55, energy 13, deep tech 6; "other" 26 is the remainder to 100. Fintech ~58% at LTM Q2-2026 (Dealroom), persists (ledger #71).
"Where 2024 funding went" [dataset]. Source: Sling Hub & Itaú, LATAM Startup Market 2024 in Review (2024). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-market-tech-2024Equity funding tells a sharper story
As published in the report, September 2025.
| Category | Value |
|---|---|
| Fintech | 41% |
| Deep tech | 11% |
| Energy | 11% |
| Other verticals | 37% |
SourceSling Hub & Itaú, LATAM Startup Market 2024 in Review
Methodology: Equity funding share 2024 (ledger #74). Report names fintech 41, deep tech 11, energy 11; "other" 37 is the remainder.
"Equity funding tells a sharper story" [dataset]. Source: Sling Hub & Itaú, LATAM Startup Market 2024 in Review (2024). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-market-equity-2024The LATAM Discount
Refreshed June 30, 2026, MSCI.
| Category | Value |
|---|---|
| historical average | −13.9% |
| vs. emerging markets | −22.9%from −27.7% |
| vs. the world | −48.4%from −51.0% |
SourcesMSCI, MSCI Emerging Markets Latin America Index (USD), Index Factsheet; Itaú BBA Equity Strategy Team, Latam & Brazil Equity Strategy: Thematic Book
Methodology: REFRESHED. Price-to-book discount computed from the MSCI EM Latin America Index factsheet, 30 Jun 2026: LATAM P/BV 1.99 vs ACWI 3.86 = −48.4% (world); vs EM P/BV 2.58 = −22.9%. Narrowed from the Itaú BBA 2024 read (−51% / −27.7%) after LATAM rallied +55.67% in 2025 (ledger #77/#78). Still a market figure that moves daily, asOf is the factsheet date.
"The LATAM Discount" [dataset]. Source: MSCI, MSCI Emerging Markets Latin America Index (USD), Index Factsheet (2026). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-discount-gapMSCI EM Latin America, annual return
Not in the published report. Added since.
| Year | Value | Basis |
|---|---|---|
| 2022 | +9.51% | |
| 2023 | +33.54% | |
| 2024 | −26.02% | |
| 2025 | +55.67% | |
| 2026 | +10.75% | Year to date |
SourceMSCI, MSCI Emerging Markets Latin America Index (USD), Index Factsheet
Methodology: NEW. Annual gross index return. Explains the discount narrowing, +55.67% in 2025 re-rated LATAM. 2026 is YTD (ytd:true).
"MSCI EM Latin America, annual return" [dataset]. Source: MSCI, MSCI Emerging Markets Latin America Index (USD), Index Factsheet (2026). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-discount-msci-returnsThe fastest-growing sector in the region
As published in the report, September 2025.
| Category | Value |
|---|---|
| Deep tech funding growth | 219 |
| Equity funding growth | 189 |
| Overall tech rebound | 37 |
| Corporate VC growth (2020–24) | 4 |
SourcesSling Hub & Itaú, LATAM Startup Market 2024 in Review; Dealroom.co, Deep Tech Overview: Latin America
Methodology: YoY 2024-over-2023 growth (Sling Hub) plus CVC 4× (Dealroom, ledger #76/#127). Two cycles old; refresh to FY2025.
"The fastest-growing sector in the region" [dataset]. Source: Sling Hub & Itaú, LATAM Startup Market 2024 in Review (2024). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-momentum-growthAI: 11% of the companies, 70% of the money
Not in the published report. Added since.
| Category | Value |
|---|---|
| Share of companies | 11% |
| Share of recent rounds | 70% |
SourcesEMERGE (Emerge Brasil) & Cubo Itaú, Radar Deep Tech LATAM 2025; Dealroom.co, Latin America, Dealroom Deep Dive; Inter-American Development Bank (IDB Lab), Deep Tech: The New Wave
Methodology: NEW, the AI breakout the report lacks (ledger #42). Stock share 11% (stable since IDB 2023); recent-flow share ~70% of rounds by 2023–2025-founded companies. Resolves the report's own tension: it expanded its database to AI/crypto because they grew, then charted a pre-growth sector split.
"AI: 11% of the companies, 70% of the money" [dataset]. Source: EMERGE (Emerge Brasil) & Cubo Itaú, Radar Deep Tech LATAM 2025 (2025). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-momentum-aiWhat a coordinated push looks like
Re-checked against a current source. Unchanged from the published report. (The State Council, People's Republic of China)
| Year | Value |
|---|---|
| 2017 | 15 |
| 2022 | 71 |
SourcesGlobal Private Capital Association (GPCA), 2023 Emerging Trends in Asia; The Quantum Insider, China Launches $138 Billion Government-Backed Venture Fund, Includes Quantum Startups; The State Council, People's Republic of China, China unveils national venture capital guidance fund to boost innovation
Methodology: Deep tech share 15%→71% of domestic tech investment (GPCA, 2017–2022). $138bn fund confirmed (ledger #149); ~$17.5bn now committed across three regional funds (new since the report). Newer context (not charted): China = 66% of Asia tech funding in 2024, down slightly from 69% in 2023; Chinese deep tech ~$6.2bn/241 rounds to Dec-2024, −26% in 2025; AI ~$10–11bn/yr since 2024 vs a 2021 peak of $23.3bn. fundUsdBn is USD bn. The 19.2% CAGR is excluded here and carried separately as a vendor forecast (ledger #144).
"What a coordinated push looks like" [dataset]. Source: Global Private Capital Association (GPCA), 2023 Emerging Trends in Asia (2023). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-benchmark-china-shiftProjected deep tech growth, to 2034
| Category | Value |
|---|---|
| Australia & NZ | 22.0% |
| China | 19.2% |
| United States | 15.6% |
SourcesFuture Market Insights, Deep Tech Market Report; Global Private Capital Association (GPCA), 2023 Emerging Trends in Asia
Methodology: Vendor forecast. China’s 19.2% CAGR through 2034 is a Future Market Insights projection; the US (15.6%) and Australia & NZ (22%) comparison points are as cited by GPCA. Treat as an estimate, not a verified figure.
"Projected deep tech growth, to 2034" [dataset]. Source: Future Market Insights, Deep Tech Market Report (2024). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-benchmark-cagrChina’s deep tech bets shifted
As published in the report, September 2025.
| Category | 2017 | 2022 |
|---|---|---|
| Biotech | $22.0B | $10.0B |
| EV / AV / Automotive | $7.9B | $11.1B |
SourceGlobal Private Capital Association (GPCA), 2023 Emerging Trends in Asia
Methodology: GPCA 2023 (ledger #145/#146). biotech peak ≈22 (pre-2022) → 10 in 2022; EV/AV/auto 7.9 → 11.1, overtaking biotech. Four-year-old endpoint.
"China’s deep tech bets shifted" [dataset]. Source: Global Private Capital Association (GPCA), 2023 Emerging Trends in Asia (2023). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-benchmark-china-verticalsCorporates are leaning in
As published in the report, September 2025.
| Category | Value |
|---|---|
| Overall corporate venturing growth | 3 |
| Corporate–deep tech collaborations | 4 |
| Of firms expect deep tech to grow in their portfolio | 71 |
Methodology: IESE 2021 (ledger #122). Multipliers over 2017–2021, not a time series. New context: LATAM CVC activity doubled 2020–2023 and AI is now the leading LATAM CVC theme (41% of funds), not in the report.
"Corporates are leaning in" [dataset]. Source: IESE Business School, Open Innovation: How Corporate Giants Can Better Collaborate with Deep-Tech Start-ups (2021). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-benchmark-corporate-venturingThe case against the deep-tech-is-riskier reflex
| Category | Value |
|---|---|
| Do deep tech companies fail more often? | No |
| Do they need more time to exit? | No |
| Do they have larger exits? | Inconclusive |
SourceHello Tomorrow, Deep Tech Investor Mapping (LATAM) & The 2025 European Deep Tech Report
"The case against the deep-tech-is-riskier reflex" [dataset]. Source: Hello Tomorrow, Deep Tech Investor Mapping (LATAM) & The 2025 European Deep Tech Report (2025). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-evidence-deep-tech-verdictWhy the region is primed
Re-checked against a current source. Unchanged from the published report. (Ember)
| Category | Value |
|---|---|
| Biodiversity | 42 |
| Lithium resources | 58 |
| Renewable electricity | 65 |
| STEM researchers | 865 |
SourcesUN Environment Programme / World Economic Forum, Latin America & the Caribbean biodiversity share (UNEP / WEF / IDB); U.S. Geological Survey, Mineral Commodity Summaries 2026, Lithium; Ember, Global Electricity Review 2026; UNESCO Institute for Statistics (UIS), 2026 R&D Data Release; RICYT (Ibero-American Network of Science and Technology Indicators), Science, Technology and Innovation in Latin America, the Caribbean and Ibero-America in 2024
Methodology: renewables 65% CONFIRMED (Ember GER 2026). biodiversity 42% is within the established range, UNEP/WEF cite ~40% of global biodiversity (up to ~60% of terrestrial life on a broader measure); keep 42% with the range noted (ledger #1). lithium 58% is RESOURCES not reserves (ledger #2). researchers 865k → carry as ~700–865k range (RICYT ~700k vs IDB 865k; headcount/FTE, ledger #4). researchers value is in thousands.
"Why the region is primed" [dataset]. Source: UN Environment Programme / World Economic Forum, Latin America & the Caribbean biodiversity share (UNEP / WEF / IDB) (2023). Compiled by the Latin American Dynamism Project. Retrieved from https://ladp.io/en/data?vintage=current#dataset-endowment-grid