Investors looking to invest in Panama

• The startup ecosystem in Panama is relatively young, but it has been growing rapidly in recent years.
• The number of startups and investment opportunities in the country have increased as the government and private sector have shown support for entrepreneurship and innovation.

Growing Industries:

• Technology: The technology sector is one of the fastest-growing industries in Panama, with many startups focused on software development, fintech, and e-commerce.
• Tourism: Panama's tourism industry is a major contributor to the country's economy and is attracting a growing number of startups in the travel and hospitality sectors.

Startups and Investment:

According to recent reports, there are over 400 startups operating in Panama. In 2020, the country saw a total of $47.6 million in startup investments, a significant increase from previous years.

Most Active Business Angels and VCs:

• Kaszek Ventures: A leading venture capital firm based in Latin America with investments in several startups in Panama.
• 500 Startups: A global venture capital firm with a presence in Panama and investments in several local startups.
• Magma Partners: A Latin American venture capital firm with investments in several startups in Panama and other countries in the region.

Opportunities and Challenges:

The growing support for entrepreneurship and innovation, along with a growing economy, is creating many opportunities for startups in Panama. However, the country still faces challenges in terms of access to capital, talent, and infrastructure, which can limit the growth of startups and make it more difficult to secure funding.