Partnerships, M&A and investments. Take a look at what happened in Brazil’s tech and business scene from end of May through June 2017.

May 30: Kaszek Ventures has raised US$200 million fund and expectations are that most of it will go to Brazil, the largest capital recipient of the firm. June 2: The anti-fraud startup Konduto received an investment of R$ 2.5 Million from the Fund Criatec 2, managed by Bozano Investimentos and Triaxis Capital.  (in Portuguese) June…

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TOTVS launches Carol, data platform with AI

TOTVS, Latin American’s leader in the SMB market, gathered it’s top executives and the Brazilian press in its Sao Paulo HQ to launch Carol, the company’s platform for quality data and artificial intelligence. This technology marks the beginning of a new era of innovation in the enterprise and will enhance the ownership of data in…

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VC Funding in Brazil, a conversation with Eric Acher

When: Thursday, June 8, 6pm-8:30pm Location: Silicon Valley Bank, 2400 Hanover Street, Palo Alto, CA Pre-registration Investors remain bullish on Brazil, despite the corruption and political uncertainty that continues to embroil the country’s government. Buenos Aires-based VC firm Kaszek Ventures has just announced it raised a $200 million fund to invest mostly in Brazilian internet startups.  …

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Meetings recap & new deals for Brazilian startups

It’s been a good week for Brazilian startups 99 and Nibo. The NY Times reported on May 24th that 99, Uber competitor in Brazil, raised US$100 million from Japanese firm Soft Bank, major investor in the Chinese company Didi Chuxing. Swedish firm Vostock Emerging Finance announced on May 15th that it invested US$3.3 million into Nibo,…

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Corporate Venture Investing in Latin America

Date: Tuesday, May 2nd, 6pm-8:30pmLocation: Silicon Valley Bank,  2400 Hanover Street, Palo Alto Corporations continue to play an increasingly active role in entrepreneurial ecosystems around the world. Despite a decrease of 2% in corporate venture capital deal activity globally, according to CB Insights report the number of new CVC firms making first-time investments reached record levels in…

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Brazilians in Silicon Valley

When: Friday, April 21st, 6pm-9pm Location: Facebook, 1 Hacker Way-Bld.15, Menlo Park, CA Corporate tech companies in the Bay Area continue to attract high-skilled Brazilian talent. Although there aren’t statistics data to clearly illustrate this trend, in these past years we’ve seen an increasing number of Brazilian professionals moving to the region. That’s why since…

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The latest on Brazilian startups

A number of BayBrazil partners and members travel often to Brazil to participate in events, visit local clients and deepen their ties with the local tech community. Jackie Hyland, Silicon Valley Bank’s Director for Latin America, wrote this article for BayBrazil on her recent trip to São Paulo and Rio de Janeiro.   Last week,…

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