January 2018 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in January 2018: Jan 3 First Brazilian unicorn: Didi acquired 99, Uber competitor in Brazil, as part of the plans to expand its service into Latin America. The acquisition gave the company a valuation of U$1 billion – U$600 million to buy out investors, plus…

December Deals & Investments

Here are the highlights on Brazil’s tech and business scene, from Dec 2017 through Jan 3, 2018: Dec 5 Brazilian startup Gympass received an investment from General Atlantic. The gym membership platform allows users to access to multiple gyms. The company has activities in 10 countries, including France, Germany, the Netherlands, Italy, the United Kingdom and…

November 2017 Deals & Investments

  Here are the highlights on Brazil’s tech and business scene in November of 2017:     Nov 1 TheVentureCity launched a $100 million fund for tech entrepreneurs. Investments in Brazil include RecargaPay, Emprego Ligado e Stayfilm.   Nov 5 The Brazilian Senate tacked on amendments on a bill that could cripple the Uber’s model due…

The latest on Brazilian startups

A number of BayBrazil partners and members travel often to Brazil to participate in events, visit local clients and deepen their ties with the local tech community. Jackie Hyland, Silicon Valley Bank’s Director for Latin America, wrote this article for BayBrazil on her recent trip to São Paulo and Rio de Janeiro.   Last week,…