SoftBank and Brazilian company Distrito (a SaaS platform that helps companies grow faster) announced a partnership to map startups in the region. This will be done through a form where the startups themselves have to provide their data.
As they explain, the mapping idea was born due to a lack of data, and its objectives include quantifying the region’s startups and identifying their characteristics and challenges.
What is in it for startups? According to a joint press release, they point out that the result will be a way to bring startups closer to investors and other companies and that those who enter their data “will be on the radar of SoftBank Latin America Funds, the largest technology investors in the region.”
Gustavo Gierun, CEO of Distrito, said that “more accurate information on startups allows us to identify market trends and new technologies, bring investors closer to good opportunities and connect companies with business solutions that generate value for the entire ecosystem.”
For his part, Eduardo Viera, SoftBank’s Head of Communications in Latin America, expressed that “knowing startups and their entrepreneurs in depth is a way to be even closer to the region’s innovation ecosystem, which allows us to act more effectively”.
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