July 31 São Paulo-based QI Tech secured a $63M Series B extension led by General Atlantic. The financial infrastructure company plans to build up its leadership in Brazil’s digital banking transformation and support strategic acquisition opportunities. July 31 Precious metals, wood pulp, aircraft, OJ, others excluded from U.S. tariffs on Brazilian exports. But, 50% tariff expected to hit…
May 29 Global venture capital funds raised only $26 billion in the first quarter of 2025, marking the lowest level for the period since 2017. This represents a 16% drop compared to the $31 billion raised in early 2024. While global VC fundraising hit its lowest level since 2017, Brazil bucked the trend by attracting…
Feb 26 Startup Capim, which offers buy now, pay later (BNPL) services for dental care, raised $26.7 million in a Series A co-led by Valor Capital and QED Investors. Founded in July 2021, Capim provides a specialized operating system to help dentists digitize and manage their clinics, aiming to increase revenue. The company’s software facilitates digital…
Jan 29 Moove, a mobility fintech company backed by Uber, has acquired Brazil’s Kovi, a vehicle subscription startup, in a deal that increases Moove’s annual recurring revenue to $275 million. The strategy aims to expand the company’s presence in Latin America, enhance its fleet management capabilities and strengthen Moove’s position in the mobility fintech sector.…
Dec 25 Food to Save’s acquisition of platform “Fruta Imperfeita” represents its first financial deal aimed at scaling operations. The strategy aims to triple revenue by leveraging new resources and expanding the company’s reach in the food rescue market. Dec 19 MinusSugar, a biotech startup founded by a Brazilian team in Miami, raised US$2.5 million…