Here are the highlights on Brazil’s tech and business scene in June: June 29 Startup success isn’t determined by how much you raise; it’s about how much equity you keep, which means controlling your own destiny. According Tom Foremski, the San Francisco-based startup Arena is a great example of bootstrapping. Arena is a cloud-based…
Here are the highlights on Brazil’s tech and business scene in May: May 30 Santander InnoVentures led a US$5 million investment in the Brazilian fintech a55. The Brazilian startup specializes in loans for small and medium-sized businesses in the tech industry. May 29 The Brazilian SaaS platform Accountfy announced a new round of US$6.5…
Here are the highlights on Brazil’s tech and business scene in April: April 30 DOMO Enterprise will invest in startups that operate in the B2B model. About 30% of the fund, which will total between R$ 150 million and R$ 200 million, have already been raised. April 29 VTEX acquired tow companies: Biggy, which…
Here are the highlights on Brazil’s tech and business scene in March: March 30 Ambassador Nestor Forster, Brazil’s Chargé d’Affaires to the U.S., had an exclusive conversation with BayBrazil CEO to discuss the Impact of COVID-19 on Brazil’s economy, trade and society. He also discussed the severity of the pandemic in Brazil and the financial incentives the government…
The COVID-19 outbreak has unleashed a chaotic week across the globe. Stock markets yesterday plunged in their worst fall since the financial crash of 1987. Across the U.S., schools shut down, large gatherings have been banned and a number of tech and arts events have been canceled. In California, the Governor declared statewide emergency after a…
Here are the highlights on Brazil’s tech and business scene in February: Feb 26 BlackRocks Startups Help Black Entrepreneurs Blossom In Brazil Feb 26 The blooming of Brazil’s tech ecosystem will peak in 2020. Fev 25 Banco Votorantim, the seventh largest bank in Brazil, recently announced an $18.38M (R$80M) investment in Weel, an accounts receivables…
Here are the highlights on Brazil’s tech and business scene in January: Jan 28 Sapore, a Brazilian multinational of corporate restaurants, announced that it has acquired a majority stake in three startups: Lucco Fit, from frozen lunchboxes; Shipp, for delivery; and Zaitt, an autonomous supermarket. Jan 28 Multiplan and brMalls invested R$ 69 million…
Here are the highlights on Brazil’s tech and business scene in December: Dec 30 IBOVESPA leads list of best investments in the year. The index jumped 31,6% reaching 115.645 points (article in Portuguese) Dec 19 Brazilian tech fund Confrapar invested R$200 million in the fintech Zetra, that develops digital tools to further financial education and wellness. Dec…
Here are the highlights on Brazil’s tech and business scene in November: Dec 2 São Paulo-based startup Housi joined Redpoint eventures’ portfolio with an investment round of R$50 million. Housi receives, manages, and leases real estate through its platform. Nov 25 Brazil included in the Global Entry Program. 20 Brazilian executives will start testing program.…
BayBrazil week, Aug 20th – 23rd, 2019 In 2019 BayBrazil expanded even more the program around its signature event, the annual conference Brazil in 21st Century. DAY 1 The program kicked-off with a cocktail reception at Docusign headquarters in San Francisco. In partnership with Redpoint e.ventures, we gathered a cheerful mix of entrepreneurs, investors, and tech players…
Here are the highlights on Brazil’s tech and business scene in October: Oct 30 From Fidelity to Schroders, Money Managers are Bullish on Brazil. Ibovespa has gained 22% this year as economic reforms advanced Oct 24 Cobli, startup that develops IoT tracking technology for corporate fleets, raised US$10 million Series A led by Fifth Wall…
Here are the highlights on Brazil’s tech and business scene in September: Sept 27 Bom Pra Crédito raised approximately US$8.4 million in its fourth funding round. Grupo Globo, the largest media and communication conglomerate in Latin America, led the investment that purchased minority stakes in the company. Sept 21 Cubo Itau innovation center celebrated…