Here are the highlights on Brazil’s tech and business scene in December: Dec 30 IBOVESPA leads list of best investments in the year. The index jumped 31,6% reaching 115.645 points (article in Portuguese) Dec 19 Brazilian tech fund Confrapar invested R$200 million in the fintech Zetra, that develops digital tools to further financial education and wellness. Dec…
Here are the highlights on Brazil’s tech and business scene in November: Dec 2 São Paulo-based startup Housi joined Redpoint eventures’ portfolio with an investment round of R$50 million. Housi receives, manages, and leases real estate through its platform. Nov 25 Brazil included in the Global Entry Program. 20 Brazilian executives will start testing program.…
BayBrazil week, Aug 20th – 23rd, 2019 In 2019 BayBrazil expanded even more the program around its signature event, the annual conference Brazil in 21st Century. DAY 1 The program kicked-off with a cocktail reception at Docusign headquarters in San Francisco. In partnership with Redpoint e.ventures, we gathered a cheerful mix of entrepreneurs, investors, and tech players…
Here are the highlights on Brazil’s tech and business scene in October: Oct 30 From Fidelity to Schroders, Money Managers are Bullish on Brazil. Ibovespa has gained 22% this year as economic reforms advanced Oct 24 Cobli, startup that develops IoT tracking technology for corporate fleets, raised US$10 million Series A led by Fifth Wall…
Here are the highlights on Brazil’s tech and business scene in September: Sept 27 Bom Pra Crédito raised approximately US$8.4 million in its fourth funding round. Grupo Globo, the largest media and communication conglomerate in Latin America, led the investment that purchased minority stakes in the company. Sept 21 Cubo Itau innovation center celebrated…
Here are the highlights on Brazil’s tech and business scene in August: Aug 29 Kaszek Ventures raised US$600 million across two new funds. This amount made the firm the first Latin American early-stage investor to hit the milestone.of roughly US$1 billion total capital under management. Kaszek portfolio includes Gympass Nubank and Loggi. Aug 27…
Here are the highlights on Brazil’s tech and business scene in July: July 31 Brazilian pharmaceutical giant Eurofarma has launched a venture arm called Axon Ventures to invest in early-stage healthcare companies. The fund will allocate up to US$12 million in healthcare projects. July 30 Shopper, a platform that helps grocery shopping, received…
Here are the highlights on Brazil’s tech and business scene in June: June 27 Swiss VC Bulb Capital invested US$7 million in Amaro, a Brazilian fashion label and e-commerce platform. June 26 Linx, a Brazilian provider of POS/ERP connectivity software and payment services, raised US$308 million in a global offering of 32.8 million shares/ADSs…
Here are the highlights on Brazil’s tech and business scene in May: May 31 Former U.S. President Barack Obama is in Brazil. In an event in Sao Paulo he said that the major force of the United States and Brazil is diversity. Reflecting on his administration he said: “it’s possible to achieve great power…
Here are the highlights on Brazil’s tech and business scene in April: April 29 Brazil’s Magazine Luiza agrees to buy retailer Netshoes for US$62 million. The acquisition is aligned with the retailer’s efforts to increase its footprint in Brazilian e-commerce. April 29 According to LAVCA, VC funding into LatAm nearly doubled in 2018, co-investments…
This week we are supporting the event organized by Brazilian students of Stanford University. The students got together to bring an exceptional group of Brazilian leaders to the region, including Jorge Paulo Lemann of 3G Capital. Some of the students are BayBrazil members who are highly committed to our mission. Our team is pleased to…
Here are the highlights on Brazil’s tech and business scene in March: Mar 29 Warren, Brazilian investment fintech founded by ex-XP Investimentos partners, received R$ 25 million led by Kaszek Ventures and Ribbit Capital. The fintech uses artificial intelligence to help clients to invest. Mar 29 Brazil ready for business. This Forbes’ article…