The automotive electronics industry in Latin America encompasses a mix of compelling technologies critical for modern vehicles. This sector includes companies focused on electric vehicle components, advanced driver assistance systems, and connectivity solutions. Growth is driven by increased demand for electric vehicles and automation, alongside supportive government regulations. In particular, innovations around battery technologies and vehicle-to-everything (V2X) communication are gaining traction. Countries like Brazil and Mexico are becoming hubs for automotive R&D, reflecting a pivot towards sustainability and high-tech solutions in transportation. The industry is evolving alongside global automotive trends, making it ripe for further investment.

This list highlights a mix of VC firms and corporate investors across Latin America, mostly established between 1955 and 2020. Located mainly in Brazil and Mexico, these investors range in size from small startups to large corporations. In 2024, they collectively executed a notable number of deals, showcasing their engagement in the automotive electronics space. With investments targeting sustainable technologies and innovative automotive solutions, options vary from seed funding to later-stage ventures. Their approaches underline a growing intersection of technology and transportation, crucial for today's rapidly changing market.

Top 15 Automotive Electronics Investors in Latin America

1. bossa invest

• Website: bossainvest.com
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn: bossainvest

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly within the technology sector. Bossa Invest provides capital, strategic guidance, and access to a network of co-investors, aiming to empower entrepreneurs and foster growth in the startup ecosystem. Among their notable transactions, Bossa Invest has invested in Wallbox, which raised over $12 million in a Series A round and focuses on electric vehicle charging solutions, a critical component of automotive electronics. They also invested in Zendar, which raised $8 million and specializes in advanced sensor technology for vehicles, further emphasizing their engagement in the automotive electronics space. Other investments include Truckvision and Aurora Labs, which, while not exclusively automotive, contribute to the broader technology landscape that intersects with automotive electronics.

2. Weg

• Website: weg.net
• Type: Corporate
• Headquarters: Florianopolis, Santa Catarina, Brazil
• Founded year: 1961
• Headcount: 10001+
• Number of deals in 2024: 4
• LinkedIn: weg

WEG S.A. is a prominent Brazilian electric equipment manufacturer founded in 1961, specializing in electric motors, generators, transformers, and automation solutions. With operations in around 140 countries, WEG is a key player in the electric engineering sector. In recent years, WEG has made several strategic acquisitions to enhance its technological capabilities and market position. Notably, in 2020, WEG acquired a 51% stake in MVisia, a Brazilian AI and machine vision start-up, to integrate advanced technologies into its WEGnology® platform, which could have applications in automotive electronics. Additionally, in 2023, WEG acquired the industrial electric motors and generators business from Regal Rexnord Corporation for $400 million, which includes brands that may serve the automotive sector. These transactions reflect WEG's commitment to innovation and expansion in areas relevant to automotive electronics.

3. Crp

• Website: crp.com.br
• Type: Corporate
• Headquarters: Porto Alegre, Rio Grande Do Sul, Brazil
• Founded year: 1981
• Headcount: 11-50
• LinkedIn: crp

CRP Companhia de Participações is an investment firm based in Porto Alegre, Brazil, specializing in private equity and venture capital. Founded in 1981, CRP has over 35 years of experience in providing capital and strategic support to small and medium-sized enterprises, as well as larger companies seeking growth. Their portfolio includes diverse sectors, with notable transactions in the automotive space, such as Polimax Window Tinting and Car Styling, which raised $94,000 in a Series A round in 1983, indicating their historical engagement with automotive-related businesses. Other investments include Ikro, Duroline, and Teikon, showcasing their broad investment strategy while enhancing governance and management practices within their portfolio companies.

4. Proeza Ventures

• Website: proezaventures.com
• Type: Venture Capital
• Headquarters: Monterrey, Nuevo Leon, Mexico
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 6
• LinkedIn: proezaventures

Proeza Ventures is a venture capital firm based in Monterrey, Nuevo Leon, Mexico, founded in 2019. The firm specializes in early-stage investments within the mobility sector, aiming to partner with visionary founders to create sustainable and efficient mobility solutions. Proeza Ventures has made notable investments in companies that are pivotal to the automotive electronics landscape. For instance, they participated in a $7M Series A funding round for Lunewave, a manufacturer of specialized radar technology, which is crucial for automotive applications. They also invested in Xos Trucks, which focuses on electric commercial trucks, highlighting their interest in the electrification of vehicles. Furthermore, Proeza Ventures has backed Ottometric, a company specializing in ADAS validation, indicating their focus on advanced driver-assistance systems that are integral to modern automotive electronics. Their diverse portfolio reflects a strong commitment to innovation in the mobility and automotive sectors.

5. Canary

• Website: canary.com.br
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 23
• LinkedIn: canary-venture-capital

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in early-stage investments across Latin America, providing capital, co-founding assistance, and fostering a strong community of entrepreneurs. In 2024, they have already made 23 investments, showcasing their active role in the startup ecosystem. Notably, they participated in a Series A funding round for zMatch, a startup that focuses on electric cars and solar energy, which highlights their engagement in the automotive electronics space. Additionally, they have been involved in various other transactions, including seed rounds for companies like KarHub and CombuData, further demonstrating their commitment to supporting innovative startups in diverse sectors.

6. Randon Ventures

• Website: randon.ventures
• Type: Venture Capital
• Headquarters: Caxias Do Sul, Rio Grande Do Sul, Brazil
• Founded year: 2020
• Headcount: 1-10
• LinkedIn: randonventures

Randon Ventures is a startup accelerator based in Caxias Do Sul, Rio Grande Do Sul, Brazil, founded in 2020. The firm focuses on technology-based startups across various sectors, including logistics, automotive, and financial technology. Randon Ventures provides tailored acceleration programs, mentorship, and networking opportunities to help startups validate and grow their business models. They leverage the resources and expertise of Randoncorp to foster innovation and support the development of successful startups. Notable transactions include their investment in Sirros IoT, which raised R$ 5.2 million to optimize IoT platforms for industrial applications, and TruckHelp, which focuses on logistics solutions for the automotive sector. These investments highlight Randon Ventures' commitment to supporting innovation in the automotive electronics space.

7. Cbmm

• Website: cbmm.com
• Type: Corporate
• Headquarters: Domingo, Minas Gerais, Brazil
• Founded year: 1955
• Headcount: 1001-5000
• Number of deals in 2024: 1
• LinkedIn: cbmm

Companhia Brasileira de Metalurgia e Mineração (CBMM) is a metallurgy and mining company founded in 1955, specializing in the production and commercialization of niobium products. With a global presence and a strong network of warehouses, CBMM ensures a stable supply of high-quality niobium metal and alloys, serving various industries, including aerospace and automotive. In the automotive electronics context, CBMM has made significant investments, such as leading a Series A funding round for Echion Technologies, a University of Cambridge spin-out focused on next-generation lithium-ion battery technology, raising £10 million. They also participated in a Series B funding round for Echion Technologies, contributing $36,986,352 to further develop advanced battery solutions. Additionally, their involvement in the funding of Skeleton Technologies, an ultracapacitor manufacturer, highlights their interest in energy storage technologies relevant to the automotive sector. These transactions indicate CBMM's strategic focus on supporting innovations that enhance automotive electronics and energy efficiency.

8. Invariantes Fund

• Website: invariantes.com
• Type: Venture Capital
• Headquarters: Guatemala
• Founded year: 2015
• Headcount: 1-10
• Number of deals in 2024: 3
• LinkedIn: invariantes-fund

Invariantes Fund is a venture capital fund founded in 2015, based in Guatemala, that specializes in investing in early-stage startups across the US and Latin America. The fund focuses on technology-driven companies, particularly in the software and hardware sectors. Notably, Invariantes Fund has been involved in multiple funding rounds for Luminar, a leading company in the automotive electronics space, raising significant amounts such as $36 million in 2017, $114 million in 2018, and $100 million in 2019. These investments highlight their commitment to supporting innovative technologies in the automotive sector, particularly those related to safety and automation. Additionally, they have invested in other startups like Getaround and Kura Technologies, showcasing their diverse investment strategy while maintaining a focus on technology.

9. LIP Ventures Boutique

• Website: lip.lat
• Type: Corporate
• Headquarters: Cuajimalpa, Mexico City, Mexico
• Founded year: 2019
• Headcount: 1-10
• Number of deals in 2024: 7
• LinkedIn: lip-ventures-boutique

LIP Ventures Boutique is a venture capital firm based in Cuajimalpa, Mexico City, Mexico, founded in 2019. The firm specializes in providing funding and business development services to technology startups across Latin America. They support entrepreneurs by offering market access and professional consulting, while also connecting investors with high-potential investment opportunities in the tech sector. Notably, LIP Ventures has participated in significant funding rounds, including a $101 million investment in Autobrains, a company focused on AI solutions for the automotive industry, which positions them within the automotive electronics context. Additionally, they were involved in a Series B funding round for Magnus Metal, which, while not directly related to automotive electronics, showcases their engagement in innovative technology sectors. Their diverse portfolio also includes Consumer Physics, indicating a broader investment strategy beyond just automotive electronics.

10. Msw Capital

• Website: mswcapital.com.br
• Type: Venture Capital
• Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
• Founded year: 1999
• Headcount: 1-10
• Number of deals in 2024: 2
• LinkedIn: mswcapital

Msw Capital is a venture capital firm based in Rio de Janeiro, Brazil, founded in 1999. The firm specializes in corporate venture capital management, focusing on high-potential startups primarily in the technology sector. Msw Capital aims to foster partnerships between startups and corporations to drive growth and technological advancement. Notable transactions include their investment in Automni, a company specializing in autonomous mobile robots, which positions them in the realm of innovative technologies relevant to the automotive industry. Additionally, their investments in companies like Carflix and Car10, while not directly related to automotive electronics, indicate a broader interest in the automotive sector. Their recent funding activities demonstrate a commitment to supporting technological innovation, which could encompass automotive electronics in future investments.

11. Dgf

• Website: dgf.com.br
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2001
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn: dgf-investimentos

DGF is a venture capital firm based in Sao Paulo, Brazil, founded in 2001. The firm specializes in investing in high-growth technology companies, providing not only capital but also strategic support and networking opportunities to help these companies accelerate their growth. DGF has been involved in several notable transactions, including investments in WebRadar, a big data analytics and IoT company, which raised approximately $10 million in funding. This investment highlights DGF's interest in technology that can be applied to various industries, including automotive electronics. Additionally, DGF has invested in Tractian, which raised $15 million in a Series A round and $3.2 million in a Seed round, indicating their commitment to supporting innovative companies that may have applications in the automotive sector. Overall, DGF's focus on technology and innovation positions them as a relevant player in the automotive electronics landscape.

12. Impacta VC

• Website: impacta.vc
• Type: Venture Capital
• Headquarters: Santiago, Santiago, Chile
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn: impacta-vc

Impacta VC is a venture capital firm based in Santiago, Chile, founded in 2020. The firm specializes in impact investment, supporting entrepreneurs and startups in Latin America by providing funding, mentorship, and networking opportunities to help them achieve their social and environmental goals. Impacta VC has been involved in several notable transactions, including leading funding rounds for Airbag Technologies, which raised a total of $1.45 million across two rounds in 2023 and 2024. This company focuses on airbag technology, a critical component of automotive electronics, highlighting Impacta VC's engagement in the automotive sector. Additionally, they participated in a significant funding round for Refurbi, although this company does not directly relate to automotive electronics. Overall, Impacta VC's involvement with Airbag Technologies positions them as a relevant investor in the automotive electronics industry.

13. The Next Company

• Website: thenext.company
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2018
• Headcount: 1-10
• LinkedIn: the-next-company

The Next Company is a corporate investment firm based in Sao Paulo, Brazil, founded in 2018. They focus on backing early-stage entrepreneurs and startups, providing not only financial support but also guidance to help these businesses navigate challenges. Their investment strategy emphasizes innovation and purpose-driven initiatives across various industries. Notably, The Next Company has participated in significant transactions, including a seed round investment in Rabbot and a Series A funding round for Motion2AI, a company that offers AI SaaS solutions and edge computer vision for vehicles. This involvement in Motion2AI highlights their interest in the automotive electronics sector, showcasing their commitment to investing in cutting-edge technologies that can transform the automotive industry.

14. Magma Partners

• Website: magmapartners.com
• Type: Venture Capital
• Headquarters: Providencia, Santiago, Chile
• Founded year: 2014
• Headcount: 11-50
• Number of deals in 2024: 6
• LinkedIn: magma-partners

Magma Partners is a venture capital firm based in Providencia, Santiago, Chile, founded in 2014. The firm specializes in investing in early-stage startups across Latin America, providing both funding and advisory services to entrepreneurs. With a focus on sectors like fintech and insurtech, Magma Partners has backed over 125 companies aimed at addressing significant regional challenges and supporting scalable technology businesses. Notably, they invested in Jooycar, which raised $150,000 in a seed round in March 2016. Jooycar is involved in the automotive sector, offering telematics solutions that enhance vehicle tracking and management, thereby linking Magma Partners to the automotive electronics industry.

15. FIP Revolution

• Website: oasisventures.com.br
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2010
• Headcount: 1-10
• Number of deals in 2024: 1
• LinkedIn: fip-revolution

FIP Revolution, also known as Oasis Ventures, is a venture capital firm based in Sao Paulo, Brazil, founded in 2010. The firm specializes in investments in the fintech and technology sectors, actively managing investments and providing advisory services to startups and entrepreneurs. In 2023, FIP Revolution participated in a Series A funding round for zMatch, a startup that focuses on electric cars and solar energy, investing R$ 50 million. This investment highlights their engagement in innovative automotive technologies, particularly in the electric vehicle space, positioning them as a player in the automotive electronics sector.

Automotive Electronics Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
bossa invest	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
Weg	Florianopolis, Santa Catarina, Brazil	10001+	1961	4
Crp	Porto Alegre, Rio Grande Do Sul, Brazil	11-50	1981	0
Proeza Ventures	Monterrey, Nuevo Leon, Mexico	1-10	2019	6
Canary	Sao Paulo, Sao Paulo, Brazil	11-50	2017	23
Randon Ventures	Caxias Do Sul, Rio Grande Do Sul, Brazil	1-10	2020	0
Cbmm	Domingo, Minas Gerais, Brazil	1001-5000	1955	1
Invariantes Fund	Guatemala	1-10	2015	3
LIP Ventures Boutique	Cuajimalpa, Mexico City, Mexico	1-10	2019	7
Msw Capital	Rio De Janeiro, Rio De Janeiro, Brazil	1-10	1999	2
Dgf	Sao Paulo, Sao Paulo, Brazil	11-50	2001	3
Impacta VC	Santiago, Santiago, Chile	11-50	2020	3
The Next Company	Sao Paulo, Sao Paulo, Brazil	1-10	2018	0
Magma Partners	Providencia, Santiago, Chile	11-50	2014	6
FIP Revolution	Sao Paulo, Sao Paulo, Brazil	1-10	2010	1

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