June 2021 Deals & Investments

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…

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May 2021 Deals & Investments

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…

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April 2021 Deals & Investments

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…

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Heiko Spitzeck, Director, Sustainability Research Center at Fundação Dom Cabral

Brazilian businesses are having to adapt as the country faces the pandemic’s second year with a surge in Covid19 infection and deaths. Professor Heiko Spitzeck, Director of the Sustainability Research Center at Fundação Dom Cabral, led a study with several corporate leaders and shares some of his findings with us, including his perspective for economic…

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BayBrazil Impacto Social

Jurados do Brasil e do Vale do Silício selecionam 4 startups para Programa de Impacto Um total de vinte e duas startups se cadastraram através das redes parceiras para concorrer a três vagas no programa de Impacto Social do BayBrazil. O time de jurados selecionou as finalistas e sete startups participaram da sessão de Pitch no dia 25…

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March 2021 Deals & Investments

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…

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February 2021 Deals & Investments

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…

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January 2021 Deals & Investments

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…

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