Feb 28 Brazilian corporations and startups laid off over 2,700 employees this month. At neobank Neon and online language school Fluency Academy, 200 workers were impacted in each company, according to LayoffsBrasil. The list also includes Google, PetLove, C6 Bank, Loggi and others. Feb 24 inDrive, the global mobility and urban services platform which has…
Here are the highlights on Brazil’s tech and business scene in January: Jan 30 Fintech Paketá, specialized in credit services, received R$ 16 million in the extension of the Series A round. The investment was led by smart tech IOB and followed Kinea, CVC of Banco Itaú, which recently added a total of R$ 43…
Here are the highlights on Brazil’s tech and business scene in December: Dec 29 Brazilian health group Dasa invested an undisclosed amount on GoGood. Headquartered in Santa Catarina, the startup offers reward-based employee health, wellness programs It’s app provides healthy habits for its 25K+ clients to manage fitness, eating, sleep and stress. Dec 27 Former Formula…
BayBrazil annual conference videos are out. The two-day 10th edition was held at Stanford University and at the iconic SRI International, the birthplace of some of the world’s most important innovations. Watch videos here. Here are the highlights on Brazil’s tech and business scene in November: Nov 30 Crypto regulation: the Brazilian House of Representatives approved…
Here are the highlights on Brazil’s tech and business scene in October: Oct 26 Cortex acquired Geofusion, a company that operates in the geomarketing segment. The deal comes in the wake of Cortex R$260 million series C round, led by Lightrock with participation of SoftBank Latin America Fund and Riverwood Capital. Oct 21 Trocafone, a…
Here are the highlights on Brazil’s tech and business scene in September: Sept 29 Cortex, a big data analytics platform for marketing and sales, has just raised R$ 260 million in Series C round led by Lightrock, the late stage manager that has already invested in names like Buser, Creditas and Dock. Softbank and Riverwood,…
Here are the highlights on Brazil’s tech and business scene in August: Aug 26 Staged Ventures, an investment fund manager, co-founded by Camila Farani, Geraldo Neto and Flavio Pripas, raised US$ 5.2 million, consolidating a secondary investment in the startup Digibe, a cloud platform that accelerates systems integration projects. Aug 25 Insurtech Latú received $…
Here are the highlights on Brazil’s tech and business scene in July: June 29 Got recession? Despite slowing hiring, Meta and Google, which employ hundreds of Brazilians in the Bay Area, are still “moving forward with major office expansions” in Menlo Park and San Jose. July 25 Population on the move. Here are two articles discussing the trend,…
Here are the highlights on Brazil’s tech and business scene in June: June 30 São Paulo-based motorcycle rental startup Mottu raised a $40M series B. “The company, which aims to give independent couriers a way to work for logistics and food delivery apps, also secured $10 million in debt financing”. June 30 Credit Suisse-Backed Firm’s…
Here are the highlights on Brazil’s tech and business scene in May: May 26 Marvin, a Brazilian B2B payments platform has raised $15m in a Series A funding round led by early-stage venture capital firm Canaan. Existing investors Canary and Maúa Capital also participated in the round, as well as a number of angels. The…
Here are the highlights on Brazil’s tech and business scene in April: April 27 Brazilian marketplace Inventa raised $55 million Series B led by Silicon Valley-based venture capital firm Greylock, accompanied by Previous investors such as Greenoaks, a16z, monashees, and Tiger Global, among others. The company connects small, medium-sized retailers with suppliers. April 27 Raíz,…
Here are the highlights on Brazil’s tech and business scene in March: March 31st Study shows that in the first trimester of 2022, Brazil had 169 mergers and acquisitions totaling R$ 5.5 billion in transactions. 33% of the deals were cross-border deals. As for venture capital, investors poured R$ 3.4 billion in 22 deals. investments,…