Here are the highlights on Brazil’s tech and business scene from end of August through September, 2017:
Facebook will open Estação Hack, a training center in São Paulo for coders and entrepreneurs, encouraging technology careers for young Brazilians.
500 Startups made an investment of US$ 100,000 in Quero Educação, a Brazilian company that develops solutions to connect students and educational institutions. (article in Portuguese)
InvestTech announces an investment of R$ 21 million in Acesso, leader in the prepaid card market in Brazil. In 2016, Access reached the mark of 3 million cards and exceeded R$ 1 billion in financial transactions in the year.
Brazilian startups will have more support in Sao Paulo.
Large corporations, such as Facebook and Banco Bradesco, are planning to launch new entrepreneurial hubs in the city. (article in Portuguese)
Floresta Viva, a Brazilian company developing a groundbreaking agroforestry system revolving around organic heart of palm, received an undisclosed investment from the private equity impact investment fund Moringa SCA SICAR.
Brazil on track to produce 3 unicorns, according to Cubo. This article in Portuguese unfolds the increased connections between large corporations and startups in these past two years.
Santa Rita do Sapucaí, in Minas Gerais state: How a Small Town in Brazil’s Interior Reinvented Itself As a World-Class Tech Hub.
Inseed, an investment fund for small companies with high growth potential, invested R$ 4.5 million in two Brazilian startups. DeviceLab received R$2.3 million to invest in companies websites and apps tests. Decision6 received R$2 million and will invest in intelligent solutions to retailers. (article in Portuguese)
In the article “Corporate venture in Brazil gains steam as giants amp up startup investments”, Anderson Thees, Managing Director of Redpoint e.ventures and BayBrazil’s Chairman of the Board, discusses Brazil’s signs of a maturing tech ecosystem and the recent corporate venture capital investments.
In the last two years, the number of startups linked to agriculture has quadrupled, the so-called agritechs. Young entrepreneurs are using big data, IoT and even the concept of shared economy to revolutionize the way the farmers handle crop and business. (article in Portuguese)
The Brazilian big data analytics company Neoway received investment from one of Singapore’s largest fund Temasek, which joined major investors such as PointBreak, Pollux and Andrew Prozes, Accel Partners, Monashees and Endeavor Catalyst in the company’s shareholder structure
Vindi, an online payment platform focused on the service industry, announced R$ 5.8 million investment round from Criatec2 fund managed by Bozano Investimentos.
Criatec 3, a Fund created by BNDES and managed by INSEED Investimentos invested R$ 4.5 million in SVA Tech, a company specializing in intelligent analytical video solutions for the electronic security market. (article in Portuguese)
Google starts operation of cloud computing center in São Paulo. The Cloud São Paulo region will allow payment in Reais for Brazilian clients. (article in Portuguese)
Seeking funds from China. The founders of eight Brazil-based internet companies and one venture capital firm on roadshow to Beijing.
Monsanto and BR Startups fund will invest R$ 1 million in Tbit, an image analysis startup that operates in Brazilian agribusiness. In addition to contributing to the fund, Monsanto will also share agribusiness knowledge and experience with Tbit. (article in Portuguese)
TOTVS launched iDEXO, its new initiative to foster entrepreneurship and innovation. The non-profit institute aims to connect startups, entrepreneurs, developers and large companies in the search for new business solutions. (article in Portuguese)