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…
Here are the highlights on Brazil’s tech and business scene in April: April 27 Brazilian marketplace Inventa raised $55 million Series B led by Silicon Valley-based venture capital firm Greylock, accompanied by Previous investors such as Greenoaks, a16z, monashees, and Tiger Global, among others. The company connects small, medium-sized retailers with suppliers. April 27 Raíz,…
2022 batch Helping startups to expand their impact – one conversation at a time Inequality has aggravated in Brazil. In the 2020 UN Human Development Index the country dropped from 79th, in 2019, to 84th position out of 189 countries ranked in income distribution, standard of living, access to education, health. According to IBGE, 12 million Brazilians were unemployed…
Here are the highlights on Brazil’s tech and business scene in March: March 31st Study shows that in the first trimester of 2022, Brazil had 169 mergers and acquisitions totaling R$ 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,…
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…
Here are the highlights on Brazil’s tech and business scene in February: Feb 24 Five Brazilian startups to pitch at the 34th Y Combinator demo day next month. The event is the most desired program on the market to present startup business to hundreds of investors. Feb 24 Former teammates at SofBank launch a new VC…
Here are the highlights on Brazil’s tech and business scene in January: Feb 1 Sandbox & Co, a London-based provider of digital learning products and services, today announced that it has acquired PlayKids, a leading digital education platform in Brazil. PlayKids’ majority owner, Movile, a long-term investor in LatAm tech companies, will become a minority…
Here are the highlights on Brazil’s tech and business scene in December: Dec 23 Brazilian construction tech startup Ambar raised a large Series C round of, approximately, $36 million. The round was co-led by Brazil-based Echo Capital and Oria Capital, with participation from TPG Capital, Argonautic Ventures and others. Ambar was created in 2013 with…
The unique intersection of music & tech. Born and raised in a family of musicians, Daniel Dalarossa, Founder & CEO of ChoroMusic and former board member of BayBrazil, give us a candid view on transitioning from leading a successful IT business to building a company dedicated to share Brazilian instrumental music with the world. He launched ChoroMusic in 2006 and…
Despite a slow-growth economy, Brazilian startups are closing a historic year. As of October, venture capital funds surpassed US$6 billion, a record-breaking amount, with fintechs attracting most of it. With an extensive track record in agricultural credit, Martha de Sá leveraged her relationships with the fintech ecosystem to put VERT Capital among the top social and green…
Here are the highlights on Brazil’s tech and business scene in November: Nov 23 “This is the moment for LatAm”, says EBANX’s CEO Joao Del Valle. In a recent interview he forecasts 30% growth per year until 2025 in Latin America, the region with the highest e-commerce growth in the world. Nov 22 After months…
Here are the highlights on Brazil’s tech and business scene in October: Oct 28 Swap, a São Paulo-based BaaS startup, announced it has raised $25 million in a Series A led by Tiger Global Management. Swap aims to empower companies to transform their financial operations via its APIs. Oct 28 CEO of retail giant Magazine Luiza Frederico…