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Brazil

SoftBank looks for loaning startups from Latin America

Contxto – It’s said that actions speak more loudly than words. But, words tend to be more binding and less...

January 31, 2020

Brazilian Stark Bank raises investment for over US$1 million

Contxto – Stark Bank—a fintech startup made for startups—recently raised a seed investment for an undisclosed amount. Albeit that sources...

January 30, 2020

iFood wins its day in court and what it means for other startups

Contxto – The court has spoken and the verdict is in! A Labor Court in Brazil has determined that Brazilian...

January 30, 2020

Brazilian edtech, Gama Academy, raises US$710,000 to boost its program

Contxto – Edtech Gama Academy raised an investment for R$3 million (over US$710,000) and made the announcement this week. The...

January 29, 2020

Brazil’s Sapore acquires foodtech startups Lucco Fit, Shipp, and Zaitt

Contxto – Brazilian Sapore, a multinational restaurant company, is hungry for foodtechs. And no this isn’t just composition yammer. The...

January 29, 2020

Brazilian facial recognition startup, Acesso Digital, raises US$9.5 million

Contxto – Acesso Digital is a São Paulo-based startup that develops facial recognition technology. And things had been running smoothly...

January 29, 2020

TradeMachine raises equity for its stock investment algorithm

Contxto – Brazilian fintech TradeMachine raised an investment last week for R$2.2 million (over US$520,000) from Brazilian Energhias.  The funds...

January 28, 2020

Atomic Agro developed social media app for farmers, and now raises investment

Contxto – Brazilian agrotech startup Atomic Agro announced it raised R$2.5 million (over US$598,000) this week in an investment round...

January 27, 2020

iFood acqui-hires Brazilian startup for AI talent

Contxto – iFood, the unicorn from São Paulo acquired, er rather, acqui-hired Brazilian startup Hekima for an undisclosed amount. The...

January 27, 2020

In Brazil, Grow isn’t growing—it’s retreating and making layoffs

Contxto – Grow in Brazil is making a hasty retreat in various parts of the country. The micromobolity giant will...

January 25, 2020