Dec 27
88% of SoftBank portfolio companies in Brazil are cash flow positive for other 12 months and most reached break even.
Alex Szapiro, Managing Partner and Head of Brazil, details why he is optimist about 2024.
Dec 22
C6 Bank, Caju, QI Tech. Here are some of the Brazilian startups that were in the spotlight and generated important deals during 2023.
Dec 19
Anitya, a low-code software startup focused on developing immersive experiences on the web, raised a seed round.
Dec 18
Blip acquired Mexican startup Gus. The acquisition aims at scaling the Brazilian company’s operations in Mexico and starting business in Europe, since GUS has an office in Spain.
Dec 14
Senior Sistemas acquired Konviva Edtech, a platform that develops learning management and corporate education solutions, helping medium and large companies disseminate knowledge and improve performance.
Dec 14
Goomer, a startup that helps restaurants create their online sales channels and digitize store services, acquired its main competitor, increasing its revenue by around 30% and consolidating its leadership position. The acquisition of Abrahão was paid for in shares, with the startup’s shareholders becoming Goomer partners.
Dec 13
Vivo Ventures committed to acquiring a shareholding worth R$25 million in Conexa Health. Conexa is the largest independent telemedicine platform in Latin America and a digital health ecosystem, connecting, through technology, patients, professionals, companies and operators, with the aim of democratizing access to quality healthcare.
Dec 13
Three Brazilian co-founders launch startup in San Francisco to help banks predict customer behavior.
Hyperplan came out of stealth by announcing a $6 million funding. Engineer Helder Dias, an early volunteer of BayBrazil, is part of the team!
Dec 12
Deep, a corporate ESG impact measurement platform, raised R$22 million in a series A round led by CV iDexo, a Totvs fund managed by Citrino Ventures.
The contribution also included collaboration with Vibra Ventures, Banco BV and the Alegria Alegria fund.
Dec 11
Vammo, an electric motorcycle rental startup founded by a former Tesla and a former Rappi, raised US$30 million. The series A round was led by monashees and had participation from European fund 2150.
Dec 7
The edtech Letrus received a R$36 million new round led by Crescera Capital and included Owl Ventures, Altitude, Fundação Lemann and VélezReyez+.
Letrus uses artificial intelligence to develop students writing and reading skills.
News gathering by Thais Chertman
