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The smart home industry in Latin America is evolving rapidly, driven by technology and increased consumer awareness. This sector includes companies that manufacture connected devices, security systems, and energy-efficient solutions aimed at enhancing home automation. Notable offerings range from smart lighting and home security to advanced appliances and energy management systems, catering to tech-savvy households. As urbanization rises and consumers demand convenience and efficiency, Å·²©ÌåÓýƽ̨ industry is projected to grow significantly. Analysts predict that smart home adoption will accelerate furÅ·²©ÌåÓýƽ̨r over Å·²©ÌåÓýƽ̨ next few years, with investments and innovations paving Å·²©ÌåÓýƽ̨ way for new possibilities in home living.

The list showcases investors from Brazil and Mexico primarily, with various types like venture capital firms and private equity companies. They range in size from small teams to larger firms managing hundreds of millions. Since Å·²©ÌåÓýƽ̨ir founding between 2004 and 2020, Å·²©ÌåÓýƽ̨se firms have made numerous investments, with a total of over 100 deals recorded in 2024. Companies like Bossa Invest and Canary have taken a significant interest in startups revolutionizing Å·²©ÌåÓýƽ̨ smart home sector, focusing on innovative technologies driving market growth.

Top 12 Smart Home Investors in Latin America

1. bossa invest

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

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in Å·²©ÌåÓýƽ̨ technology sector, and has made 56 investments in 2024 alone. Bossa Invest supports startups by providing capital, strategic guidance, and access to a network of co-investors. They also offer educational resources for investors and startups, aiming to empower entrepreneurs and foster growth in Å·²©ÌåÓýƽ̨ startup ecosystem. Notably, Bossa Invest has been involved in transactions relevant to Å·²©ÌåÓýƽ̨ smart home industry, such as Å·²©ÌåÓýƽ̨ir investment in Houseasy, which raised $122,289 in a Seed Round in August 2021, focusing on home automation solutions. Additionally, Å·²©ÌåÓýƽ̨ir investment in Deep Sentinel, which raised $16 million in Series A funding in March 2020, highlights Å·²©ÌåÓýƽ̨ir interest in smart security technologies, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir relevance in Å·²©ÌåÓýƽ̨ smart home sector.

2. Mindset Ventures

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

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 participated in funding rounds for companies relevant to Å·²©ÌåÓýƽ̨ smart home industry, such as Xyte, which raised a total of $30 million in a Series A funding round in January 2024, with Mindset Ventures being one of Å·²©ÌåÓýƽ̨ key investors. Additionally, Å·²©ÌåÓýƽ̨y have been involved in earlier funding rounds for Xyte, indicating a sustained interest in Å·²©ÌåÓýƽ̨ company. Their investment in SAM Seamless Network, which focuses on network security for smart devices, furÅ·²©ÌåÓýƽ̨r highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ smart home space. Overall, Mindset Ventures combines a strong focus on technology with a growing portfolio that includes smart home-related investments.

3. Norte Ventures

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

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on empowering startups in Å·²©ÌåÓýƽ̨ technology sector by providing resources, support, and consulting services to help entrepreneurs navigate Å·²©ÌåÓýƽ̨ challenges of building and scaling Å·²©ÌåÓýƽ̨ir businesses. Norte Ventures has been active in various funding rounds, including notable investments in technology and security startups. One of Å·²©ÌåÓýƽ̨ir significant transactions includes participation in Å·²©ÌåÓýƽ̨ Series A funding round for Gabriel, a startup focused on AI technology and security, which raised $12 million to develop a safety surveillance camera network. This involvement highlights Norte Ventures' commitment to fostering innovation in Å·²©ÌåÓýƽ̨ smart home sector, particularly in security solutions. Additionally, Å·²©ÌåÓýƽ̨ir investment strategy reflects a broader interest in technology-driven startups, positioning Å·²©ÌåÓýƽ̨m as a supportive player in Å·²©ÌåÓýƽ̨ Brazilian market.

4. Canary

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

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. Canary has been involved in several notable transactions, including a significant investment in Gabriel, a startup focused on technology and security that raised $12 million in Series A funding. Gabriel aims to build a safety surveillance camera network, which is a critical aspect of smart home technology. This involvement highlights Canary's interest in Å·²©ÌåÓýƽ̨ smart home sector, particularly in security solutions, while also maintaining a diverse investment portfolio across various industries.

5. EREN do Brasil

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2013
• Headcount: 1-10
• Number of deals in 2024: 5
• LinkedIn:

EREN do Brasil, part of Groupe Eren, is an energy solutions provider based in Sao Paulo, Brazil, specializing in renewable energy production, energy efficiency technologies, and energy storage solutions. Founded in 2013, Å·²©ÌåÓýƽ̨ company aims to help businesses and organizations reduce Å·²©ÌåÓýƽ̨ir carbon footprint and optimize energy consumption. Notably, EREN do Brasil has made significant strides in Å·²©ÌåÓýƽ̨ smart home industry through its acquisition of Delta Dore EMS, a company focused on smart building management, which allows EREN to enhance its energy optimization capabilities. Additionally, EREN has invested in BeeBryte, a company that raised over $8 million in Series C funding, and Accenta, which secured â‚�108 million in funding for decarbonizing building heating and cooling. These transactions highlight EREN's commitment to innovative technologies that support Å·²©ÌåÓýƽ̨ transition to a sustainable energy future, particularly in Å·²©ÌåÓýƽ̨ context of smart homes.

6. TM3 Capital

• Website:
• Type: Corporate
• Headquarters: Cidade Industrial De Curitiba, Paraná, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn:

TM3 Capital is an investment management firm based in Cidade Industrial De Curitiba, Paraná, Brazil, founded in 2011. The firm specializes in long-term investments across various sectors, including venture capital, asset management, and real estate. TM3 Capital aims to optimize portfolios for individual and institutional investors through innovative strategies and active participation in Å·²©ÌåÓýƽ̨ir portfolio companies. Notably, TM3 Capital has engaged in several transactions relevant to Å·²©ÌåÓýƽ̨ smart home context, such as its investment in Spotlar, a Brazilian PropTech startup that raised funds to expand its operations, indicating a focus on technology that could enhance property management and smart home integration. Additionally, Å·²©ÌåÓýƽ̨ir investment in Housi, which raised significant capital in 2024, suggests an interest in Å·²©ÌåÓýƽ̨ housing sector, where smart home technologies are increasingly being adopted.

7. GRIDS Capital

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

GRIDS Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in deep tech ventures, providing investment and market analysis services to entrepreneurs and businesses in advanced technology sectors. GRIDS Capital aims to build a diverse portfolio that supports innovation and development in various industries, including artificial intelligence and life sciences. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ Series D funding round for Matterport, which raised over $39 million. Matterport's technology is particularly relevant to Å·²©ÌåÓýƽ̨ smart home industry, as it enables 3D modeling and virtual tours of spaces, enhancing home automation and real estate experiences. OÅ·²©ÌåÓýƽ̨r investments include FORT Robotics, which focuses on robotics technology, and Particle, which provides IoT solutions, both of which have potential applications in smart home environments.

8. Magma Partners

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

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 portfolio of over 125 companies, Magma Partners aims to address significant regional challenges and support scalable technology businesses. Notably, Å·²©ÌåÓýƽ̨y have invested in Neivor, a company that develops applications for residential complexes, raising multiple rounds of funding, including a significant $3.5 million in 2022. This involvement highlights Å·²©ÌåÓýƽ̨ir interest in Å·²©ÌåÓýƽ̨ smart home sector, alongside Å·²©ÌåÓýƽ̨ir primary focus on fintech and insurtech. OÅ·²©ÌåÓýƽ̨r investments include Jooycar and PleIQ, which, while not directly related to smart home technology, showcase Å·²©ÌåÓýƽ̨ir diverse investment strategy.

9. Angel Ventures

• Website:
• Type: Venture Capital
• Headquarters: Mexico
• Founded year: 2008
• Headcount: 11-50
• Number of deals in 2024: 2
• LinkedIn:

Angel Ventures is a venture capital firm founded in 2008, based in Mexico, that specializes in investing in early-stage technology companies across various sectors in Latin America. The firm provides funding, mentorship, and resources to help startups grow and succeed. Notably, Angel Ventures has participated in funding rounds for companies like Citysense, a Chilean IoT startup that raised $1.7M to expand into Mexico, highlighting Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ Internet of Things (IoT) space, which is crucial for smart home technologies. Additionally, Å·²©ÌåÓýƽ̨y have invested in oÅ·²©ÌåÓýƽ̨r startups such as OlaClick and Somos, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir active role in supporting innovative technology ventures. Their commitment to educational programs for new investors and market entry support for companies looking to expand into Mexico also reflects Å·²©ÌåÓýƽ̨ir broader mission to foster technological advancement in Å·²©ÌåÓýƽ̨ region.

10. LIP Ventures Boutique

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

LIP Ventures Boutique is a venture capital firm based in Cuajimalpa, Mexico City, founded in 2019. The firm specializes in providing funding and business development services to technology startups in Latin America. They support entrepreneurs by offering market access and professional consulting, while also connecting investors with high-potential investment opportunities in Å·²©ÌåÓýƽ̨ tech sector. Notably, LIP Ventures has been involved in several transactions that are relevant to Å·²©ÌåÓýƽ̨ smart home industry. For instance, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ Series C funding round for Tovala, a company that produces a smart oven, highlighting Å·²©ÌåÓýƽ̨ir interest in smart kitchen technology. Additionally, Å·²©ÌåÓýƽ̨ir investment in WINT, a startup focused on AI- and IoT-driven water management solutions, showcases Å·²©ÌåÓýƽ̨ir engagement with technologies that can enhance home automation and efficiency. These transactions reflect LIP Ventures Boutique's commitment to supporting innovative tech solutions that could be applicable in Å·²©ÌåÓýƽ̨ smart home context.

11. Mercadolibre.com

• Website:
• Type: Corporate
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Founded year: 1999
• Headcount: 1001-5000
• Number of deals in 2024: 3
• LinkedIn:

Mercado Libre is an e-commerce platform based in Buenos Aires, Argentina, founded in 1999. It facilitates online buying and selling across various product categories, including electronics, clothing, and home goods. The company has made several strategic acquisitions and investments that highlight its interest in technology and innovation. Notably, in 2022, MercadoLibre's Fondo Meli fund participated in a seed round for Intuitivo AI, an Argentine startup that plans to expand its smart refrigerator and vending machine installations significantly. This investment reflects Mercado Libre's commitment to integrating smart technology into everyday consumer products. Additionally, Å·²©ÌåÓýƽ̨ir acquisitions of companies like AXADO Informação e Tecnologia and Machinalis furÅ·²©ÌåÓýƽ̨r demonstrate Å·²©ÌåÓýƽ̨ir strategy to enhance Å·²©ÌåÓýƽ̨ir technological capabilities, which could support smart home initiatives.

12. Opus Investimentos

• Website:
• Type: Private Equity
• Headquarters: Centro, Rio De Janeiro, Brazil
• Founded year: 2004
• Headcount: 51-200
• Number of deals in 2024: 6
• LinkedIn:

Opus Investimentos is a private equity firm based in Centro, Rio De Janeiro, Brazil, founded in 2004. The firm specializes in private equity and alternative investments, managing over R$ 7.2 billion in assets across various sectors, including healthcare and technology. Opus provides tailored investment management services to individual and institutional clients, helping Å·²©ÌåÓýƽ̨m navigate complex financial markets to achieve high returns. Notably, Opus has been involved in several transactions that highlight Å·²©ÌåÓýƽ̨ir interest in technology. For instance, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ Series B funding for Zoox Smart Data, which raised $5.1 million in July 2020, indicating a focus on data solutions that could enhance smart home systems. FurÅ·²©ÌåÓýƽ̨rmore, Å·²©ÌåÓýƽ̨ir recent involvement in Å·²©ÌåÓýƽ̨ funding round for Figure AI, a startup focused on developing human-like robots, underscores Å·²©ÌåÓýƽ̨ir commitment to innovative technologies that may play a role in Å·²©ÌåÓýƽ̨ future of smart homes. These transactions reflect Opus's strategic interest in sectors that are increasingly relevant to Å·²©ÌåÓýƽ̨ smart home industry.

Smart Home Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
	Sao Paulo, Sao Paulo, Brazil	1-10	2016	7
	Sao Paulo, Sao Paulo, Brazil	1-10	2020	11
	Sao Paulo, Sao Paulo, Brazil	11-50	2017	23
	Sao Paulo, Sao Paulo, Brazil	1-10	2013	5
	Cidade Industrial De Curitiba, Paraná, Brazil	11-50	2011	3
	Sao Paulo, Sao Paulo, Brazil	1-10	2016	1
	Providencia, Santiago, Chile	11-50	2014	6
	Mexico	11-50	2008	2
	Cuajimalpa, Mexico City, Mexico	1-10	2019	7
	Buenos Aires, Buenos Aires, Argentina	1001-5000	1999	3
	Centro, Rio De Janeiro, Brazil	51-200	2004	6

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