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Brazil

Urban mobility app 99 to debut WhatsApp ride-hailing feature

Contxto – Booking a private ride over the 99 app in Brazil will now be as simple as sending a...

October 6, 2020

Brazilian Big Data and AI expert, Cortex, closes US$30 million SoftBank-led round

Contxto – What started in June as a SoftBank-led investment round for Cortex has resulted in the Brazilian “growth intelligence...

October 6, 2020

Bossa Nova tags US$885,000 for new sports tech fund

Contxto – “I truly believe in the molding, values, and lessons you learn through sports regardless of whether you’re a...

October 2, 2020

Fintech a55 snags US$2M to scale lending solutions to SaaS businesses

Contxto – Five months later and once again fintech a55 raised funding. This week, the lending startup announced it closed...

October 2, 2020

Advent raises US$2 billion for seventh private equity fund for Latin America

Contxto – Last Tuesday (29) private equity firm Advent International announced it raised US$2 billion for its fund for Latin...

October 1, 2020

Alude offers a free real estate platform and it just raised US$3.3M with big-name VCs

Contxto – Get this: proptech Alude was launched in Brazil in 2019 and its team currently consists of nine people...

September 30, 2020

FreteBras raises US$17M to make freight more eco-friendly

Contxto – FreteBras recently snagged funds to lighten the load freight puts on our environment. The Brazilian startup and its...

September 30, 2020

VTEX raises US$225M to become unicorn and speed up global scaling

Contxto – The second unicorn to emerge amidst the pandemic is here. Today (28), VTEX announced it raised an investment...

September 28, 2020

Nubank is laying the groundwork to conquer (hearts) in Colombia

Contxto – Entrepreneurs David Vélez, Cristina Junqueira, and Edward Wible launched fintech Nubank in Brazil in 2013. But it’s only...

September 28, 2020

Brazilian startups in Silicon Valley close US$2 million plus in funding over 2 years

Contxto – Brazil’s ecosystem is growing—and that’s not necessarily within its borders. Brazilian entrepreneurs and venture capital (VC) firms in...

September 28, 2020