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 million investment.
Jan 27
Startup that produces sustainable alternatives to pesticides raised R$ 10 million. Funds MOV and Baraúna Venture Capital participated in the first round of investments.
Jan 26
SRM Ventures invested R$ 40 million in Juvo, a company that aims to democratize access to credit for classes D and C.
Jan 26
Brazilian digital bank Neon raised R$331 million in a credit card operation FIDC.
Jan 25
iTalents, the first tech career accelerator in Brazil, announces the acquisition of proDevs. The deal was closed thanks to a contribution of R$ 12 million from Worldapprocah, a Portuguese holding company.
Jan 23
Faced with rising interest rates, high inflation and macroeconomic instability, global startups and big techs are looking for alternatives to reduce costs and hold cash. Investors are more selective when writing a check. Check out the list of companies that have downsized their operations in the last year.
Jan 23
The venture capital fund Bossanova Investimentos partner with the Israeli manager OurCrowd to invest in startups in Israel. The Brazilian manager intends to invest in up to 90 businesses in the country based on OurCrowd’s investment thesis.
Jan 21
In partnership with Stanford, Brazilian Einstein hospital will bring a biodesign fellowship as part of its initiatives focused on health innovation.
Jan 18
Portão 3 , startup from Uberlândia, raised a R$ 19 million round with the plan to maintain its pace of growth. The round included global investors such as Better Tomorrow Ventures (BTV), Endeavor Scale Up, Fincapital, Pareto, Flexport and other Angel investors participated.
Jan 12
The startup Genial Care received an investment of US$ 10 million led by the General Catalyst fund. The investment is a “milestone for the Brazilian healthtech sector”.
News gathering by Thais Chertman