IDB Lab targets next market-building push beyond consumer tech, strategy chief says

By Public Technologies
  • IDB Lab management set a strategy to build new venture markets beyond consumer tech, targeting productivity-focused sectors across Latin America and the Caribbean.
  • Chief Strategy Officer Kusi Hornberger flagged a funding “cliff” in Ecuador, citing a lack of capital and operational support for scaling firms.
  • Management cited $2.2 billion in early-stage venture rounds deployed across the region last year, arguing the asset class is now functioning.
  • IDB Lab committed $2 million to the successor of 500 LatAm Luchadores III to catalyze early-stage ecosystems such as Ecuador.
  • Management reiterated institutional targets to improve 50 million lives, lift productivity at 1.5 million growth firms, and deploy more than $1 billion.


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