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…
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…
Here are the highlights on Brazil’s tech and business scene in September: September 30 Tembici became the survivor among shared bicycles – and raised another R$420 million.The funds came from equity and financing. In equity, the C series was led by Crescera Capital, and other funds that participated in the round are Endeavor Catalyst, Igah…
Here are the highlights on Brazil’s tech and business scene in August: August 30 Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, raised about US$150 million (R$750 million) in a funding round led by Riverwood Capital. Tarpon, SoftBank, L Catterton, Porto Seguro and Monashees also participated in the round.…
Here are the highlights on Brazil’s tech and business scene in July: July 28 Pipo Saúde, which operates as a health insurance broker raised a RS$ 100 million new round, the largest Series A in the Brazilian healthtech market. New investors entered this investment, such as Thrive Capital, which led the round, and the Atlântico…
Here are the highlights on Brazil’s tech and business scene in June: June 29 Gympass, the exercise and corporate wellness unicorn, announced a US$220 million Series E. This round, which doubles the company’s valuation to US$2.2 billion, includes participation from SoftBank, General Atlantic, Moore Strategic Ventures, Kaszek Ventures and Valor Capital. June 28 JPMorgan makes…
Here are the highlights on Brazil’s tech and business scene in May: May 27 São Paulo-based protech startup Quinto Andar closed a $300 million Series E led by Silicon Valley-based Ribbit Capital. With the new funds, the company now is valued at $4 billion. May 24 Latin America pioneer tech VCs Hernan Kazah and Nicolas…
Here are the highlights on Brazil’s tech and business scene in April: April 29 Some new Brazilian names have joined the global superrich, and their ascent to fortune amid bleak times is a tale of a nation in transition. New faces at the top are part of an emerging economy built on digital technology and…
Here are the highlights on Brazil’s tech and business scene in March: March 30 Startup Hotmart, an online courses platform, announced round of R$ 735 million raised last year, and it’s now in Brazil’s unicorn list. March 25 Seven startups participated in the BayBrazil Impact program March 25th pitch session. The program aims to support…
Here are the highlights on Brazil’s tech and business scene in February: Feb 28: Delivery startup Loggi raises $205 million. The company’s largest round to date was led by CapSur Capital and included renowned Brazilian hedge fund manager Luis Stuhlberger’s Verde Asset Management among the backers for the first time, the firm said. Feb 24…
Here are the highlights on Brazil’s tech and business scene in January: Jan 28 Nubank raised US$400M Series G at US$25 billion valuation, becoming the fourth most valuable financial institution in Latin America. The round was led by both private and public investors including current investors Singapore’s GIC, Whale Rock, and Invesco. Other current…