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Tag: startups

RIO DE JANEIRO, BRAZIL - Brazilian e-commerce platform Infracommerce plans to raise roughly R$2 billion (US$359 million) in an initial public offering set to be priced later this month, it said in a securities filing. A provider of technology, marketing,...
RIO DE JANEIRO, BRAZIL - Mexican used-car platform Kavak has reached a US$4 billion valuation after raising US$485 million in new funding, it told Reuters this week, making the fast-expanding company one of the most highly valued startups in...
SÃO PAULO, BRAZIL – At the beginning of March, giants Nubank, Mercado Pago and Google teamed up with five other companies in the financial market (Creditas, Banco Inter, Grupo Movile, Hash and Iugu) to announce the creation of Zetta,...
RIO DE JANEIRO, BRAZIL - Florianópolis, the capital of Santa Catarina, is known as the Brazilian Silicon Island. But other regions in the southern state are mobilizing to set up innovation ecosystems. Many associate Santa Catarina's economy with the tourism...
RIO DE JANEIRO, BRAZIL - The year 2020 was a challenging period for the Brazilian population. The obstacles brought by the spread of Covid-19, along with the impact of the virus, had repercussions in all areas of society, chief...
RIO DE JANEIRO, BRAZIL - The crisis did not deter Brazilian Startups: they reinvented their businesses, attracting investors and clients. The number of contracts between these companies and large corporations set a record in 2020, according to 100 Open...
SÃO PAULO, BRAZIL – After working with clients like Coca-Cola, Faber Castell and the São Paulo Auto Show, Brazilian startup studio, VRGlass, specializing in content for virtual reality applications, now hopes to expand its product to the Asian and...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Over the past few years, angel investments have grown significantly throughout the world, including in Brazil, where the volume of investments made by angel investors increased at least nine percent...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – At the beginning of 2018, Brazil announced its very first "unicorn" company, transportation-based app 99. By the end of the year, the country already had six companies with a market...

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