August 2021 Deals & Investments

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.…

July 2021 Deals & Investments

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…

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…

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…

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…

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…

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…

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…

December 2020 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in December:   Dec 29 Fintech Nomad, which allows Brazilians to open a checking account with banks in the United States, raised an investment of R$ 30 million, in a round led by Monashees. Dec 21 Linker received R$ 12 million round investment and warms…

November 2020 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in November:   Nov 30 Brazilian digital insurance company Pier is now issuing its own policies following a $14.5 million Series A round of funding. Nov 26 Brazilian e-commerce platform Olist raised a US$ 58 million Series D funding round led by SoftBank Latin American Fund. Other investors in…

October 2020 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in October:   Oct 29 Locaweb acquired Startup Vindi for R$ 180 million. Vindi is SaaS company that processes and manages recurring payments for companies and will complement Locaweb’s payment solutions. Oct 29 Via Varejo acquired i9XP for an undisclosed value. The startup is specialized…

September 2020 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in September:   Sept 30 The recent BayBrazil study shows an unprecedented number of venture capital firms led or founded by Brazilians, a total of seven. Moreover, an increasing number of tech executives, engineers, product experts who work in Bay Area corporations are venturing into…