October 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in October: Oct 26 Cortex acquired Geofusion, a company that operates in the geomarketing segment. The deal comes in the wake of Cortex R$260 million series C round, led by Lightrock with participation of SoftBank Latin America Fund and Riverwood Capital. Oct 21 Trocafone, a…

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September 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in September: Sept 29 Cortex, a big data analytics platform for marketing and sales, has just raised R$ 260 million in Series C round led by Lightrock, the late stage manager that has already invested in names like Buser, Creditas and Dock. Softbank and Riverwood,…

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August 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in August: Aug 26 Staged Ventures, an investment fund manager, co-founded by Camila Farani, Geraldo Neto and Flavio Pripas, raised US$ 5.2 million, consolidating a secondary investment in the startup Digibe, a cloud platform that accelerates systems integration projects. Aug 25 Insurtech Latú received $…

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July 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in July: June 29 Got recession? Despite slowing hiring, Meta and Google, which employ hundreds of Brazilians in the Bay Area, are still “moving forward with major office expansions” in Menlo Park and San Jose. July 25 Population on the move. Here are two articles discussing the trend,…

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June 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in June: June 30 São Paulo-based motorcycle rental startup Mottu raised a $40M series B. “The company, which aims to give independent couriers a way to work for logistics and food delivery apps, also secured $10 million in debt financing”. June 30 Credit Suisse-Backed Firm’s…

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May 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in May: May 26 Marvin, a Brazilian B2B payments platform has raised $15m in a Series A funding round led by early-stage venture capital firm Canaan. Existing investors Canary and Maúa Capital also participated in the round, as well as a number of angels. The…

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BayBrazil April & May 2022 summary

In-person dialogues, entrepreneurs visits, the batch 2 of our Impact program & more. Here is a summary of BayBrazil programs in the months of April & May of 2022. BRIDGING SILICON VALLEY & BRAZIL – ONE CONVERSATION AT A TIME Starting from the latest program, on May 19 our CEO hosted a lunch in her…

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April 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in April: April 27 Brazilian marketplace Inventa raised $55 million Series B led by Silicon Valley-based venture capital firm Greylock, accompanied by Previous investors such as Greenoaks, a16z, monashees, and Tiger Global, among others. The company connects small, medium-sized retailers with suppliers. April 27 Raíz,…

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2022 batch

2022 batch Helping startups to expand their impact – one conversation at a time Inequality has aggravated in Brazil. In the 2020 UN Human Development Index the country dropped from 79th, in 2019, to 84th position out of 189 countries ranked in income distribution, standard of living, access to education, health. According to IBGE, 12 million Brazilians were unemployed…

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March 2022 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in March: March 31st Study shows that in the first trimester of 2022, Brazil had 169 mergers and acquisitions totaling R$ 5.5 billion in transactions. 33% of the deals were cross-border deals. As for venture capital, investors poured R$ 3.4 billion in 22 deals. investments,…

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Agtech Brazil – March 2022

When: March 25th, 2022, 11:30-2pm – complimentary Brazilian BBQ served Location: Cupertino Attendance is limited. Executive Members have preferred access. Join BayBrazil executive members When it comes to agribusiness, Brazil is a powerhouse. The country is the world’s leading producer of orange juice, coffee and sugar and the top exporter of soybeans, coffee, beef. The sector accounts for…

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