January 2019 Deals & Investment

Here are the highlights on Brazil’s tech and business scene in January:   Jan 30 The Y Combinator-backed Grin merged its electric scooter business with Yellow, the bike-share startup based in Brazil. Both Grin and Yellow raised large funds few months ago. Grin had also merged with Brazil-based Ride in October.   Jan 28 Elephant…

Digital transformation powered by SaaS – the story behind 2018’s most innovative company

Three software services companies were rated the world’s most innovative in 2018. ServiceNow, Workday, and Salesforce ranked ahead of Tesla and Amazon, according to Forbes list. With 2017 revenues at almost $2 billion and market cap at $33 billion, the top of list ServiceNow is poised for continued growth projecting to double its revenue by 2020.  On Feb…

Daniel De Carvalho, Senior Scientist, University Health Network

A new approach to detect cancer was recently developed by an award-winning Brazilian scientist. Dr. Daniel De Carvalho, Associate Professor at the Dept. of Medical Biophysics, University of Toronto, Senior Scientist and Canada Research chair at the Princess Margaret Cancer Centre, leads the development of a new early detection methodology that combines identification of DNA methylation changes and …

BayBrazil Partners & 2018 summary

2018 was a very special year for BayBrazil. Our tech hub surpassed 9k individuals who work at some of the most innovative organizations in the world. Together with you, our partners and supporters we promoted new business opportunities, meaningful connections, meetings, and events in Silicon Valley & Brazil. Thank you for your continued participation! Here…

December 2018 Deals & Investment

  Here are the highlights on Brazil’s tech and business scene in December.     Dec 18 BNDES announced it’ll invest up to R$ 2.2 billion in venture capital and private equity funds. The participation in each fund will be up to 40%, limited to R$ 150 million for venture capital funds. For private equity…

November 2018 Deals & Investment

  Here are the highlights on Brazil’s tech and business scene in November, a historic month when Movile’s iFood raised $500 million, the largest round for a tech startup in Latin America.     Nov 28 Creditoo, an online payroll loan platform for employees of private companies, announced an investment round of $ 1.2 million. The…

October 2018 Deals & Investment

Here are the highlights on Brazil’s tech and business scene in October:     Oct 26 Grin, the Mexico City-based electric scooter company backed by Y Combinator, is merging with São Paulo-based Ride to further the company’s expansion across Latin America. This comes shortly after Grin raised a $45 million Series A round.   Oct…

September 2018 Deals & Investment

  Here are the highlights on Brazil’s tech and business scene in September:   Sept 29 A lot has changed since the Nubank, one of the best-funded startups in Brazil was founded five years ago. The fintech scene went from a handful of companies to about 400 startups countrywide, with many focusing on digital banking.…