PitchBook Global League Tables H1 2025 Recognizes Gunderson Dettmer in Latin America as the Most Active VC Law Firm
Gunderson Dettmer continues to be recognized as the Most Active Venture Capital Law Firm in Latin America by the PitchBook Global League Tables in H1 2025. The firm handled 23 deals valued at $1.45 billion for the most promising startups in the region and represented the most venture and growth equity transactions in Latin America compared to any other law firm.
The activity signals continued growth and innovation across Latin America’s dynamic startup ecosystem.
Below are details for several noteworthy deals in the first half of 2025 across early-stage and late-stage transactions focused on Latin America:
- Chile-based Buk, an HR management platform, in its US$50 million Series B financing to help launch the company’s operation in Brazil, double its marketing and sales efforts, strengthen its benefits ecosystem and continue investing in R&D
- Mexico-based fintech Belvo, a leading Open Finance platform, in its $15 million financing to expand its product suite and advance its AI capabilities for over the 50 million individuals and businesses that use Belvo across Latin America
- Brazil-based fintech Clara, a corporate spending management company, in certain aspects of recently announced $80 million financing to bolster its operations in Brazil, Mexico and Colombia
- Mombak, a Brazil-based company focused on carbon capture, in its $30 million financing to scale up business operations
- Colombia-based Simetrik, a leading AI reconciliation platform, in its $30 million financing to accelerate the company’s plans for expansion in the United States and other markets
- Brazil-based NG.CASH, a fintech focused on Generation Z, in its R$150 million Series B financing to incorporate AI to deliver personalized offers to users and to invest in influencers and social media advertising to expand its user base
- iFood, a leading Brazilian online food ordering and delivery platform, in its pending acquisition of a 20% stake in CRMBonus, making iFood the second-largest shareholder in the company that has revolutionized cashback and loyalty programs in Brazil’s retail sector