December 2018 Deals & Investment

  Here are the highlights on Brazil’s tech and business scene in December.     Dec 18 BNDES announced it’ll invest up to R$ 2.2 billion in venture capital and private equity funds. The participation in each fund will be up to 40%, limited to R$ 150 million for venture capital funds. For private equity…

November 2018 Deals & Investment

  Here are the highlights on Brazil’s tech and business scene in November, a historic month when Movile’s iFood raised $500 million, the largest round for a tech startup in Latin America.     Nov 28 Creditoo, an online payroll loan platform for employees of private companies, announced an investment round of $ 1.2 million. The…

October 2018 Deals & Investment

Here are the highlights on Brazil’s tech and business scene in October:     Oct 26 Grin, the Mexico City-based electric scooter company backed by Y Combinator, is merging with São Paulo-based Ride to further the company’s expansion across Latin America. This comes shortly after Grin raised a $45 million Series A round.   Oct…

September 2018 Deals & Investment

  Here are the highlights on Brazil’s tech and business scene in September:   Sept 29 A lot has changed since the Nubank, one of the best-funded startups in Brazil was founded five years ago. The fintech scene went from a handful of companies to about 400 startups countrywide, with many focusing on digital banking.…