The commercial bus manufacturing industry in Latin America plays a vital role in regional transportation, providing solutions that meet urban and intercity mobility demands. This industry is occupied by manufacturers, service providers, and technology firms, offering a broad range of buses, including electric, hybrid, and traditional models. The market is increasingly moving towards sustainable practices, with notable investments in electric buses, catering to eco-conscious consumer preferences. Innovations like smart bus systems and integrated transport solutions further underscore the evolution of this sector, reflecting shifts in urban planning and government initiatives aimed at modernizing public transport infrastructure.


The list of top investors showcases a mix of venture capital and corporate firms primarily located in Brazil and Mexico. Founded between 1981 and 2019, these investors range in size, from smaller teams to those with 51-200 employees. With a strong focus on technological advancements and sustainable mobility options, they have recorded a significant number of deals in 2024, reflecting their commitment to supporting companies in the commercial bus manufacturing sector. Notable names include Proeza Ventures and Monashees, marking their active roles in reshaping transportation across Latin America.


Top 8 Commercial Bus Manufacturing Investors in Latin America


1. 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, Rio Grande Do Sul, Brazil, founded in 1981. With over 35 years of experience, CRP specializes in private equity and venture capital, focusing on providing capital and strategic support to small and medium-sized enterprises, as well as larger companies seeking growth. Their portfolio spans diverse sectors, enhancing governance and management practices within their invested companies. Notably, CRP invested in Librelato Implementos Rodoviários, which raised $37,603,786 in a private equity round in 2011, indicating their engagement in the commercial vehicle manufacturing space. Additionally, they have made investments in various other sectors, showcasing their versatility as an investor.


2. 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 transportation solutions. Notably, Proeza Ventures has participated in several relevant transactions, including a significant investment in BusUp, a Barcelona-based corporate bus commuter management solution, where they led a $6 million Series A funding round to help the company expand into the US market. Additionally, they invested in BusUp again in 2024, further demonstrating their commitment to the commercial bus sector. Their portfolio also includes investments in companies like Xos Trucks, which focuses on electric commercial trucks, showcasing their interest in innovative mobility solutions.


3. Liil Ventures

  • Website: liil.city
  • Type: Venture Capital
  • Headquarters: Mexico City, Mexico City, Mexico
  • Founded year: 2017
  • Headcount: 1-10
  • Number of deals in 2024: 1
  • LinkedIn: liil-ventures

Liil Ventures is a venture capital firm based in Mexico City, Mexico, founded in 2017. The firm focuses on enhancing urban living through smart city and mobility solutions, investing in early-stage companies that address urban challenges. They leverage their extensive network to provide strategic support to entrepreneurs in technology and transportation sectors. Notably, Liil Ventures has participated in significant transactions related to the commercial bus industry, including a recent investment in BusUp, a corporate bus commuter management solution that raised $14.1 million in 2024. Additionally, they have previously invested in Urbvan, a startup providing private transportation shuttles in Mexico, and Volt Lines, which also operates in the transportation space. These transactions highlight Liil Ventures' commitment to supporting innovations in urban mobility, particularly in the bus transportation sector.


4. 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 talent acquisition, fundraising, and access to a network of industry experts. Among their notable transactions, Monashees invested in Buser, a platform for shared charter and bus services, participating in a significant Series C funding round that raised R$700 million. This investment highlights their engagement in the commercial bus sector. Additionally, they invested in Vammo, an eMobility startup, which raised $30 million in a Series A round, indicating their interest in innovative transportation solutions that could relate to commercial bus manufacturing. These transactions reflect Monashees' commitment to supporting companies that are shaping the future of transportation in Latin America.


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. It specializes in early-stage investments across Latin America, focusing on supporting entrepreneurs with capital, co-founding assistance, and building a strong community of innovators. In 2024, Canary has made 23 investments, showcasing its active role in the startup ecosystem. Notably, Canary participated in the Series C funding round for Buser, a platform that provides shared charter and bus services, which received a substantial R$700 million investment. This involvement highlights Canary's interest in the commercial bus manufacturing and transportation sector, aligning with their mission to foster growth in promising startups. Additionally, their investment in Buser reflects a strategic focus on the evolving landscape of transportation, particularly in the wake of the pandemic, where there is a growing demand for innovative travel solutions.


6. IGneous

  • Website: igneous.cl
  • Type: Corporate
  • Headquarters: Chile
  • Headcount: 1-10

IGneous is a corporate investment firm based in Chile that specializes in managing and investing in early-stage companies across various innovative sectors. They provide strategic and operational support to help these companies grow and succeed, with a focus on long-term value creation and active management involvement. Notably, IGneous has been involved in transactions such as Busbud, a Montreal-based online marketplace for intercity bus tickets, which raised $11 million in financing. This involvement highlights their interest in the transportation sector, particularly in areas related to bus services, which could extend to commercial bus manufacturing in the future. Additionally, they have invested in Recorrido, a company that has also engaged in the bus industry, further emphasizing their connection to this market.


7. Ext Capital

  • Website: extcapital.com.br
  • Type: Corporate
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2022
  • Headcount: 11-50
  • Number of deals in 2024: 2
  • LinkedIn: ext-capital

EXT Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2022. The firm specializes in providing funding and investment management services to technology startups, with a focus on innovative funding solutions tailored to the needs of their portfolio companies. Notably, EXT Capital has made significant investments in the mobility sector, including a USD $10M investment in Fretadão, a Brazilian corporate transportation startup, aimed at expanding their vehicle fleet and user base. This investment highlights EXT Capital's commitment to supporting growth in the transportation industry. Additionally, they have been involved in funding rounds for Vammo, further emphasizing their active role in sectors related to mobility and transportation.


8. Apex Partners


Apex Partners is an investment management and financial advisory firm based in Santo Antônio Do Canaã, Espírito Santo, Brazil. Founded in 2013, the firm offers a range of services including asset management, wealth management, and investment banking, catering to both individual and business clients. Apex Partners focuses on providing tailored financial solutions to help clients achieve their investment goals across multiple regions, addressing the unique needs of local markets. In 2025, Apex Partners was involved in a significant transaction with Univale Transportes, which raised $4,780,196 in a private equity round. This transaction highlights Apex Partners' engagement in the transportation sector, which may encompass commercial bus operations, thereby linking them to the commercial bus manufacturing industry.



Commercial Bus Manufacturing Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
CrpPorto Alegre, Rio Grande Do Sul, Brazil11-5019810
Proeza VenturesMonterrey, Nuevo Leon, Mexico1-1020196
Liil VenturesMexico City, Mexico City, Mexico1-1020171
MonasheesSao Paulo, Sao Paulo, Brazil11-50200518
CanarySao Paulo, Sao Paulo, Brazil11-50201723
IGneousChile1-100
Ext CapitalSao Paulo, Sao Paulo, Brazil11-5020222
Apex PartnersSanto Antônio Do Canaã, Espírito Santo, Brazil51-20020131


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