Homegrown venture capital support helps double the number of Mexican startups

A border wall may stem the flow of people between the U.S. and Mexico, but it can’t stop the flow of ideas.

“Regardless of borders, there’s so much intellectual exchange between both ecosystems. I don’t think that will stop,” says Fabrice Serfati, managing director of Ignia Partners.

More than $430 million in venture capital investing has flowed since 2011, mostly from the U.S. Mexico’s own share of total VC capital has inched up to eight percent from six percent two years ago and is only expected to grow.

The number of Mexican entrepreneurs has doubled since 2010.

Photo credit: TonelloPhotography – Shutterstock

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