Despite the uncertainty context, Startups continue to grow and develop long -term projects. The entrepreneurial capital industry in Argentina is going through a stage of consolidation and expansion, with maturity signs and a greater presence in the interior of the country. This is what the Argentine investment ecosystem radiographyprepared by the Argentine Association of Private Capital, Entrepreneurs and Seed (Arcap), which offers an updated panorama of the Venture Capital In the country.
According to the report, the Argentine startups raised US $ 2,558 million in private capital between 2020 and 2024, from local and international investors, and the peaks were in 2021 and 2022. Only in the last year, the flow of new investment rounds remained dynamic, with signs of trust in the entrepreneurial ecosystem.
Since its creation in 2016, Arcap went from 17 to 91 members in 2024, which have invested in 1,384 companies, made 160 Follow-on and specified 61 Exits, a figure that confirms the degree of maturity of the sector. A relevant fact is that 63% of the association’s funds They were created in the last five years, which shows that the investment network is still expanding and attracting new players.
Mariano Mayer, president of Arcap and Managing Partner of Newtopia VC stood out in a press event in which Scope He participated that the organization works in the long term to generate investment, development and employment in Argentina, beyond the economic situation. He affirmed that, despite the current economic challenges, the objective of the forum is to promote long -term investment and trust, given the existence of entrepreneurial talent and opportunities in various sectors in Argentina.
In turn, he stressed that the “rigi gives greater predictability and institutionality” to the projects and stressed that “Argentina remains competitive.” In that sense, He explained that the sectors of greater project development are agriculture, mining, energy and retail. However, There is a significant growth of projects linked to the blockchain and stablcoins.
Capital diversity and greater corporate participation
The investment network is increasingly varied: 42.9% corresponds to seed capital, 11% to entrepreneurial capital and near 9% to Private Equitywith tickets ranging from US $ 25,000 to US $ 5 million. In addition, the 25% of the funds in stages Seed and Venture Capital are inserted in a corporationwhich reinforces the participation of Corporate Venture Capital in the impulse of new companies.
Another outstanding finding is the Geographic decentralization of the ecosystem. While in 2019 77.6% of the invested companies were in CABA and Buenos Aires, in 2024 that number fell to 50.8%. Today, 22.8 % of the funds are based in provinces such as Mendoza, Córdoba and Santa Feindicating that almost half of the investment rounds are closing outside the AMBA.
“The Venture Capital no longer has a single door in Buenos Aires: almost half of last year’s rounds were completed in provinces such as Córdoba, Santa Fe, Mendoza and Tucumán. We are seeing how a new generation of entrepreneurs is activated with global ambition from the interior of the country,” he said Mariano MayerPresident of Arcap and co -founder of Newtopia VC.
In terms of diversity, numbers also show an evolution: 37.7% of inverted startups have at least one woman in your founding teamcompared to 17.3 % of 2019. In turn, the percentage of Ceos Women grew from 10.4 % to 16.4 %and female participation in positions within the funds went from 11% to 19.6%.
The challenge in the incorporation of talents
In 2024, MonpowerGroup said there is a difficulty in companies to recruit talents. Only in our country, that percentage of employers is 75%, where they do not find the appropriate perfiels in several areas, but over TDO in the technological one.
In this context, consulted by this issue, from Arcap they pointed out that today the scarce resource is talent. “In Argentina we have a lot compared to other countries in the region, and that generates that it competes and that it can be sold to all parts of the world without moving. For example, developers and programmers. There is a competitive environment. The fluctuation of the dollar makes it cheaper or more expensive, but prices are usually more international. What changes is that there are startups that are taking advantage of it and, instead of working per hour, they work on projects and in some cases, they can even have the possibility of being shareholders. “
The Argentine Association of Private Capital, Entrepreneur and Seed (Arcap) and the Argentine International Investment and Trade Agency (AAICI) will carry out a new edition of the Argentine Investment Forum. The exclusive event will take place on September 30 at the Libertad Palace, of the Autonomous City of Buenos Aires.
The forum will bring together the main referents of the private capital ecosystem, Venture Capital and large investments, with the aim of deepening the opportunities offered by Argentina in the current context. Focus will be made to the role of the private sector as an engine of expansion of productive capacity and construction of a development model sustained from the investment.
Source: Ambito
