The telecommunications infrastructure industry in Latin America is rapidly evolving, driven by increasing demand for connectivity and advanced digital services. Companies in this space range from local service providers to international firms, all working to improve internet access, mobile communications, and fiber optic networks. As economies grow, there's a high focus on expanding broadband capabilities and enhancing customer experience. Innovations like 5G technology and decentralized networks are on the rise, making the region a fascinating hub for investment and development. With significant funding directed towards infrastructure and tech enhancements, the sector is set for continuous growth in the coming years.


The investors featured in this list represent a mix of venture capital firms and corporate entities, predominantly from Sao Paulo, Brazil, but also spanning various locations in Latin America. Established between 1996 and 2020, they comprise teams ranging in size from small start-ups to large corporations. In 2024, they collectively engaged in numerous investments, indicating a strong commitment to the telecommunications sector. With emphasis on innovative technologies and strategic growth, these investors significantly contribute to the transformation of telecommunications infrastructure across the region.


Top 11 Telecommunications Infrastructure Investors in Latin America


1. Brasil TecPar


Brasil TecPar is a corporate investor based in Sao Paulo, Brazil, specializing in telecommunications and technology services. Founded in 1996, the company focuses on enhancing internet connectivity and technology solutions for both consumers and businesses across Brazil. In 2024, Brasil TecPar has been actively expanding its telecommunications infrastructure through several strategic acquisitions, including Nova Rede de Telecomunicações for BRL 74.75 million, Acessoline Telecomunicações, Sempre Internet, and Itelfibra Telecom. These acquisitions reflect their commitment to strengthening their network and service offerings, positioning them as a significant player in the telecommunications infrastructure sector.


2. Mindset Ventures

  • Website: mindset.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: mindset-ventures

Mindset Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in early-stage technology investments and provides capital and strategic support to startups across various sectors, including financial services and healthcare. Notably, Mindset Ventures has been involved in significant transactions within the telecommunications infrastructure context. For example, they participated in the Series B funding for Hologram, a Chicago-based cellular connectivity platform for IoT devices, which raised $65 million. This investment highlights their engagement in the telecommunications sector. Additionally, they have invested in Xyte, a company that secured $30 million in a Series A funding round, indicating their interest in connectivity solutions. Overall, Mindset Ventures combines a focus on technology with strategic investments in telecommunications-related startups, enhancing their profile as a relevant investor in this field.


3. Infinite Capital

  • Website: infinite.xyz
  • Type: Venture Capital
  • Headquarters: San Juan, San Juan, Puerto Rico
  • Founded year: 2017
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: infinitecap

Infinite Capital is a venture capital firm based in San Juan, Puerto Rico, founded in 2017. The firm is dedicated to supporting innovative teams at the forefront of decentralized networks and deep tech. They provide capital and strategic guidance to entrepreneurs and management teams, helping them scale their projects effectively. Their investment strategy is centered around identifying generational innovations that can redefine industries. Notable transactions include investments in RightMesh, which raised $30 million in an Initial Coin Offering aimed at creating a decentralized mesh network, and Akash Network, which raised $2 million in a venture round, focusing on decentralized cloud computing. These investments indicate a potential interest in telecommunications infrastructure, particularly in innovative and decentralized solutions.


4. Kptl

  • Website: kptl.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: inseed-investimentos

Kptl is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With over 15 years of experience, Kptl has made more than 124 investments, focusing on innovative startups in Brazil. Among its notable transactions, Kptl invested in Cianet, which raised $2,645,510 in a Series A round, indicating a commitment to the telecommunications infrastructure sector. Other investments include ATIVA Soluções, which raised funds in seed rounds, and GoCache, which received venture funding. These transactions reflect Kptl's strategy of providing capital and strategic guidance to help companies grow, particularly in technology and telecommunications-related fields.


5. Invest Tech Brazil

  • Website: investtech.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2004
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: invest-tech-brazil

Invest Tech Brazil is an investment management firm based in Sao Paulo, specializing in venture capital and private equity. Founded in 2004, the firm focuses on supporting innovative companies in Brazil by providing funding and enhancing their operational and governance structures. Their investment strategy targets technology-driven businesses across various sectors, contributing to the growth and development of the Brazilian market. Notably, Invest Tech Brazil has been involved in several funding rounds for America Net, a company that has raised significant capital in the telecommunications sector, including $39,320,693 in August 2019 and $8,702,463 in December 2021. These transactions highlight their engagement in the telecommunications infrastructure space, indicating a relevant interest in this industry.


6. Monashees

  • Website: monashees.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2005
  • Headcount: 11-50
  • Number of deals in 2024: 18
  • LinkedIn: monashees-capital

Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. Among their notable transactions, Monashees participated in the Series A and B funding rounds for OXIO, a telecom-as-a-service platform that aims to enhance telecommunications services in Mexico and expand into the U.S. and Brazil. They also invested in Azion, a company that, while not exclusively a telecommunications firm, operates in a technology space that intersects with telecommunications infrastructure. These investments highlight Monashees' engagement in the telecommunications sector, showcasing their commitment to supporting innovative companies that contribute to the development of telecommunications infrastructure.


7. eB Capital

  • Website: ebcapital.com.br
  • Type: Private Equity
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2017
  • Headcount: 11-50
  • LinkedIn: ebcapitalbr

eB Capital is an investment management firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in alternative investments, focusing on private equity, infrastructure, and real estate. eB Capital aims to generate value by addressing structural gaps in the Brazilian economy, catering to both institutional and individual investors seeking growth opportunities across various sectors. Notably, eB Capital has made significant strides in the telecommunications infrastructure sector through its telecom infrastructure arm, EB Fibra. In May 2021, they acquired Vip Br Telecom, a telecommunications provider in Brazil, to enhance their market share in the fiber optic telecommunications sector. Additionally, in December 2018, they participated in a private equity round for Sumicity, further solidifying their commitment to investing in telecommunications infrastructure.


8. Vinci Compass Brasil

  • Website: vincipartners.com
  • Type: Private Equity
  • Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
  • Founded year: 2009
  • Headcount: 501-1000
  • Number of deals in 2024: 3
  • LinkedIn: vincipartners

Vinci Compass Brasil is a private equity investment management firm based in Rio de Janeiro, Brazil, founded in 2009. The firm specializes in a variety of financial services, including Private Equity, Infrastructure, Real Estate, and Corporate Advisory. Vinci Partners serves institutional investors and high-net-worth individuals, helping them navigate investment opportunities and optimize their portfolios for growth. Notably, Vinci Compass Brasil acquired Vero Internet on May 28, 2019, which is a significant player in the telecommunications sector, indicating their active role in telecommunications infrastructure. Additionally, they participated in a funding round for Arklok Informatica Equipment in November 2022, although this transaction is less directly related to telecommunications infrastructure. Overall, their investment in Vero Internet highlights their engagement in the telecommunications industry.


9. Norte Ventures

  • Website: norte.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 11
  • LinkedIn: norteventures

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on providing resources and support for startups in the technology sector, including consulting services, educational materials, and investment management. Norte Ventures aims to empower entrepreneurs and foster innovation in the Brazilian market. Notably, they participated in a significant investment in Nomo, a digital mobile operator, which received approximately R$14 million in funding. This investment highlights Norte Ventures' interest in the telecommunications infrastructure space, as Nomo plans to utilize the funds for technology, product development, and marketing. Additionally, they have been involved in other technology-focused investments, such as Elvenworks, although this does not directly relate to telecommunications. Overall, Norte Ventures demonstrates a commitment to supporting innovative startups, including those in the telecommunications sector.


10. Atlantico

  • Website: atlantico.vc
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2019
  • Headcount: 1-10
  • Number of deals in 2024: 4
  • LinkedIn: atlanticopartners

Atlantico is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm focuses on early-stage companies in Latin America, providing funding and strategic support to innovative founders aiming to create impactful solutions. Atlantico has participated in significant transactions, including investments in OXIO, a telecom-as-a-service platform that raised $40 million in a Series B funding round. This investment highlights Atlantico's engagement in the telecommunications infrastructure sector, as OXIO is working to expand its network capabilities in Mexico, the U.S., and Brazil. Prior to this, Atlantico also invested in OXIO's Series A round, further demonstrating their commitment to supporting telecommunications-related ventures.


11. América Móvil

  • Website: americamovil.com
  • Type: Corporate
  • Headquarters: Mexico City, Mexico City, Mexico
  • Founded year: 2000
  • Headcount: 10001+
  • Number of deals in 2024: 1
  • LinkedIn: am-rica-m-vil

América Móvil, S.A.B. de C.V. is a prominent telecommunications company based in Mexico City, Mexico, founded in 2000. With over 10,000 employees, the company is a major player in the Latin American telecommunications market, offering a wide array of services that encompass both wireless and fixed-line telecommunications. América Móvil focuses on delivering advanced communication solutions to enhance connectivity and improve customer experience. Notably, the company has been involved in significant transactions, such as the acquisition of Smartcom in 2005, which reflects its commitment to expanding its telecommunications infrastructure and capabilities. This strategic move underscores América Móvil's role as a key investor in the telecommunications infrastructure sector, as it seeks to enhance its service offerings and market presence.



Telecommunications Infrastructure Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
Brasil TecParSao Paulo, Sao Paulo, Brazil1001-500019967
Mindset VenturesSao Paulo, Sao Paulo, Brazil1-1020167
Infinite CapitalSan Juan, San Juan, Puerto Rico1-1020177
KptlSao Paulo, Sao Paulo, Brazil11-5020205
Invest Tech BrazilSao Paulo, Sao Paulo, Brazil11-5020041
MonasheesSao Paulo, Sao Paulo, Brazil11-50200518
eB CapitalSao Paulo, Sao Paulo, Brazil11-5020170
Vinci Compass BrasilRio De Janeiro, Rio De Janeiro, Brazil501-100020093
Norte VenturesSao Paulo, Sao Paulo, Brazil1-10202011
AtlanticoSao Paulo, Sao Paulo, Brazil1-1020194
América MóvilMexico City, Mexico City, Mexico10001+20001


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