January 2018 Deals & Investments

Here are the highlights on Brazil’s tech and business scene in January 2018: Jan 3 First Brazilian unicorn: Didi acquired 99, Uber competitor in Brazil, as part of the plans to expand its service into Latin America. The acquisition gave the company a valuation of U$1 billion – U$600 million to buy out investors, plus…

December Deals & Investments

Here are the highlights on Brazil’s tech and business scene, from Dec 2017 through Jan 3, 2018: Dec 5 Brazilian startup Gympass received an investment from General Atlantic. The gym membership platform allows users to access to multiple gyms. The company has activities in 10 countries, including France, Germany, the Netherlands, Italy, the United Kingdom and…

November 2017 Deals & Investments

  Here are the highlights on Brazil’s tech and business scene in November of 2017:     Nov 1 TheVentureCity launched a $100 million fund for tech entrepreneurs. Investments in Brazil include RecargaPay, Emprego Ligado e Stayfilm.   Nov 5 The Brazilian Senate tacked on amendments on a bill that could cripple the Uber’s model due…

October 2017 Deals & Investments

Here are the highlights on Brazil’s tech and business scene during October of 2017: Oct 2 São Paulo has the largest Google Campus in the world, with 89 thousand members. According André Barrence, Head of Campus SP, Google campus size shows the strength of the startups ecosystem in Brazil.   Oct 2 SPRO IT Solutions made an…

September 2017 Deals & Investments

Here are the highlights on Brazil’s tech and business scene from end of August through September, 2017: Aug 28 Facebook will open Estação Hack, a training center in São Paulo for coders and entrepreneurs, encouraging technology careers for young Brazilians.   Aug 29 500 Startups made an investment of US$ 100,000 in Quero Educação, a Brazilian company…

BayBrazil-Launchpad 2nd startups workshop

On Sep 14 & 15, 2017, BayBrazil & Google Developers Launchpad teamed up again to organize the second workshop to help Brazilian startups with training and mentorship. This time we co-hosted 16 companies selected by BayBrazil partners. On Day 1, startups CEOs, CTOs, founders gathered at Google Launchpad Startup Space where they met with Google…

August 2017 Deals & Investments

Here are the highlights on Brazil’s tech and business scene from end of July through Aug 29, 2017: July 24 TPG invested in Brazilian digital ad company Solinftec through its Alternative and Renewable Technologies growth equity platform TPG ART. The capital will fund the expansion of Solinftec’s platform into new crops and geographies.   July 31 Microsoft,…

July 2017 Deals & Investments

Here are the highlights on Brazil’s tech and business scene from the end of June through July 2017: June 28 The 25 most innovative ag tech companies that have more than US$400 million in financing. Brazil-based BovControl and Strider are included.   June 29 Criatec 2, a venture capital fund managed by Bozano Investimentos and Triaxis Capital, will invest…

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…

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…

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,…

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,…