Here are the highlights on Brazil’s tech and business scene in January:
Fintech Paketá, specialized in credit services, received R$ 16 million in the extension of the Series A round. The investment was led by smart tech IOB and followed Kinea, CVC of Banco Itaú, which recently added a total of R$ 43 million investment.
SRM Ventures invested R$ 40 million in Juvo, a company that aims to democratize access to credit for classes D and C.
Brazilian digital bank Neon raised R$331 million in a credit card operation FIDC.
iTalents, the first tech career accelerator in Brazil, announces the acquisition of proDevs. The deal was closed thanks to a contribution of R$ 12 million from Worldapprocah, a Portuguese holding company.
Faced with rising interest rates, high inflation and macroeconomic instability, global startups and big techs are looking for alternatives to reduce costs and hold cash. Investors are more selective when writing a check. Check out the list of companies that have downsized their operations in the last year.
The venture capital fund Bossanova Investimentos partner with the Israeli manager OurCrowd to invest in startups in Israel. The Brazilian manager intends to invest in up to 90 businesses in the country based on OurCrowd’s investment thesis.
In partnership with Stanford, Brazilian Einstein hospital will bring a biodesign fellowship as part of its initiatives focused on health innovation.
Portão 3 , startup from Uberlândia, raised a R$ 19 million round with the plan to maintain its pace of growth. The round included global investors such as Better Tomorrow Ventures (BTV), Endeavor Scale Up, Fincapital, Pareto, Flexport and other Angel investors participated.
The startup Genial Care received an investment of US$ 10 million led by the General Catalyst fund. The investment is a “milestone for the Brazilian healthtech sector”.
News gathering by Thais Chertman