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Brazil

New VC investment giant is born; say hello to Brazilian KPTL

Contxto – A venture capital (VC) giant emerges this week in Brazil. It’s name: KPTL. How it came to be...

December 20, 2019

Fintech Zetra closes investment for nearly US$5 million to expand SalaryFits

Contxto – Brazilian tech fund Confrapar announced last week an investment in Belo Horizonte-based fintech Zetra for R$200 million (almost...

December 19, 2019

Brazil’s Gympass gets spotted by Gym Plus as the startup tries to lift the European market

Contxto – Latin American startups seem to have everyone’s back when it comes to the holiday battle of the bulge....

December 17, 2019

Brazilian startup, iFood, announces big 2020 plans—and faces protests

Contxto – Startups continue to cook up expansive projects to add value to food chain solutions. This is of course...

December 17, 2019

Brazilian dark kitchen startup Mimic stirs investor hunger, raises US$9 million

Contxto – Investors are lean and hungry for dark kitchens in Latin America. Brazilian startup, Mimic can attest to that...

December 16, 2019

Redpoint eventures leads undisclosed investment in Brazilian fintech, Nobli

Contxto – Investments in Latin American startups keep flowing. And once again we’re seeing a Brazilian fintech close an investment...

December 16, 2019

Canary closes US$75 million in fundraising for Brazilian startups

Contxto – More investment-related fun today. Although now let’s switch around to the investor’s side of the table and talk...

December 16, 2019

German chemical producer BASF injects US$4 million into Brazilian agrotech fund

Contxto – The venture capital arm of BASF, a German chemical producer, recently added US$4 million into its Brazil AgVentures II...

December 16, 2019

Amazon launches new distribution center in Brazilian state of Pernambuco to expedite delivery

Contxto – As far as reach goes, Amazon is certainly spreading its wings throughout Latin America. Proving this, the e-commerce...

December 14, 2019

Brazilian proptech Loft raises US$52 million for its real estate fund

Contxto – Brazilian proptech Loft recently raised R$216 million (around US$52.7 million) for its real estate fund Loft I FII....

December 13, 2019