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Brazil added 10 unicorns in 2021, reaching a new record level for the country

RIO DE JANEIRO, BRAZIL - In 2021, Brazil had ten new unicorns - a status awarded to startups that reached a market valuation of one billion dollars. This is a record number of unicorns in one year, accompanied by an equally record-breaking volume of investment in scalable, innovative, and technological companies founded in Brazil.

In total, the country has accumulated 26 unicorns. The first Brazilian billionaire startup was transportation app 99 in January 2018, and this year unicorns have spread into e-commerce, media, fintech, security, and logistics. Check out the complete list of Brazil's new startup billionaires in 2021 . . .

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