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…
Here are the highlights on Brazil’s tech and business scene in February: Feb 27 Vicente Silveira, Data Science, Engineering leader & BayBrazil Chairman of the Board, had a live dialogue with entrepreneurs of Cubo, in Sao Paulo, on AI & the future of work. With the support of Grupo SEB & Escola Concept, the dialogue is part…
Here are the highlights on Brazil’s tech and business scene in January: Jan 30 The Y Combinator-backed Grin merged its electric scooter business with Yellow, the bike-share startup based in Brazil. Both Grin and Yellow raised large funds few months ago. Grin had also merged with Brazil-based Ride in October. Jan 28 Elephant…
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…
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…
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 $45 million Series A round. Oct…
Here are the highlights on Brazil’s tech and business scene in September: Sept 29 A lot has changed since the Nubank, one of the best-funded startups in Brazil was founded five years ago. The fintech scene went from a handful of companies to about 400 startups countrywide, with many focusing on digital banking.…
Here are the highlights on Brazil’s tech and business scene in August: Aug 30 There are 39 companies in the Bay Area founded by Brazilians, 35 in tech. In this article, our CEO Margarise puts things in perspective and gives details on the exclusive BayBrazil survey that mapped Brazilian founders in Silicon…
Diversity is one of the top reasons why Silicon Valley has become what it is. Some of the region’s well-known star companies were founded by immigrants or children of immigrants. A study by the NFAP (National Foundation for American Policy) reveals that more than half of U.S.’s unicorn startups have at least one immigrant founder and over…
Here are the highlights on Brazil’s tech and business scene in July: July 30 Facebook selects ten social impact startups for acceleration. The program, in partnership with the accelerator Artemisia, lasts six months and targets businesses with the potential to improve the lives of low-income citizens. July 23 Latin America faces a…
Here are the highlights on Brazil’s tech and business scene in June: June 26 Hi Technologies, a Brazilian healthcare startup, will receive an investment of R$ 14.7 million from VC funds Monashees and Qualcomm Ventures, according to the statement released by Positivo Tecnologia, who bought 50% of Hi Technologies in 2016. …