
IDB Lab
Description
IDB Lab is the innovation laboratory of the Inter-American Development Bank Group (IDB Group), dedicated to pioneering new solutions for development challenges across Latin America and the Caribbean. Its core mission revolves around fostering inclusive growth and sustainable development by identifying, testing, and scaling innovative business models and technological solutions. The organization operates with a strong emphasis on social and environmental impact, aiming to address critical issues such as financial inclusion, climate change, and digital transformation within underserved communities.
IDB Lab primarily invests in early-stage and growth-stage ventures, employing a flexible array of financial instruments including equity, quasi-equity, loans, and technical cooperation grants. Their investment thesis prioritizes scalable solutions that demonstrate both strong potential for positive impact and financial viability. They actively seek out entrepreneurs and startups leveraging technology to create systemic change, with key areas of interest spanning fintech for inclusion, agritech, circular economy, and solutions enhancing access to essential services and markets.
While specific check sizes can vary based on the instrument and project stage, IDB Lab typically provides initial equity or quasi-equity investments ranging from approximately $500,000 to $2,000,000. These investments are frequently part of larger funding rounds, where IDB Lab often co-invests alongside private venture capital firms, impact investors, and other development finance institutions. This collaborative approach aims to de-risk innovative solutions and attract further private capital into impact-driven enterprises. The organization has a significant track record, having supported over 2,000 projects across 26 countries in Latin America and the Caribbean since its inception, underscoring its deep commitment to regional development.
Investor Profile
IDB Lab has backed more than 43 startups, with 5 new investments in the last 12 months alone. The firm has led 14 rounds, about 33% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Grant, Series B, Seed rounds (top funding stages).
- Majority of deals are located in Colombia, Argentina, Brazil.
- Strong thematic focus on FinTech, Information Technology, Financial Services.
- Typical check size: $500K – $2M.
Stage Focus
- Grant (26%)
- Series B (14%)
- Seed (12%)
- Series A (12%)
- Debt Financing (12%)
- Pre Seed (12%)
- Convertible Note (9%)
- Non Equity Assistance (2%)
- Series Unknown (2%)
Country Focus
- Colombia (19%)
- Argentina (14%)
- Brazil (14%)
- Mexico (9%)
- United States (9%)
- Chile (7%)
- Spain (5%)
- El Salvador (5%)
- Guatemala (2%)
- Peru (2%)
Industry Focus
- Fintech
- Information Technology
- Financial Services
- Software
- Saas
- Social Impact
- Human Resources
- Information Services
- Lending
- Blockchain
Frequently Asked Questions
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