IBOV 173,107.90 ▼ 0.15% IPSA 10,963.36 ▲ 0.61% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,294,537 ▲ 2.20% COLCAP 2,319.30 ▲ 0.91% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.38% USD/MXN17.39▼ 0.22% USD/CLP933.93▼ 0.06% USD/COP3,223▼ 1.39% USD/PEN3.39▲ 0.09% USD/ARS1,478▼ 0.27% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.28% BRENT 91.39 ▲ 2.43% WTI 84.63 ▲ 1.68% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.64% GOLD 4,090 ▲ 1.97% SILVER 59.09 ▲ 4.03% SOY 1,222 ▼ 0.31% CORN 475.25 ▲ 5.73% WHEAT 678.50 ▲ 0.67% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.09 ▲ 3.24% PETR4 41.67 ▲ 1.26% VALE3 72.27 ▲ 0.47% ITUB4 42.53 ▲ 0.54% BBDC4 18.59 ▲ 0.98% ABEV3 15.84 ▲ 0.32% BBAS3 20.78 ▲ 3.02% B3SA3 15.12 ▼ 0.92% WEGE3 42.63 ▼ 1.16% PRIO3 58.41 ▲ 1.25% SUZB3 41.70 ▼ 0.45% RENT3 36.57 ▼ 2.45% AZZA3 17.50 ▼ 3.69% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▲ 4.62% GMAT3 3.82 ▼ 0.78% PSSA3 53.31 ▼ 1.64% CVCB3 1.14 ▲ 5.56% POSI3 3.73 ▲ 0.81% SLCE3 13.65 ▲ 0.59% NATU3 8.71 ▲ 0.93% BRKM5 5.76 ▼ 3.03% RANI3 7.90 ▼ 1.13% CSNA3 5.05 ▼ 0.39% CMIN3 5.55 ▲ 2.97% USIM5 8.45 ▲ 3.55% GGBR4 23.46 ▼ 0.68% ENEV3 25.42 ▼ 0.90% CPFE3 46.71 ▲ 0.84% CMIG4 11.05 ▲ 0.27% EQTL3 38.63 ▼ 1.68% LREN3 13.27 ▼ 0.30% VIVT3 35.74 ▲ 0.20% RAIL3 13.24 ▼ 2.43% KLABIN 17.57 ▲ 0.51% RAIA DROGASIL 18.16 ▼ 2.84% RDOR3 33.76 ▼ 4.77% HAPV3 11.23 ▼ 2.77% FLRY3 16.44 ▼ 0.72% SMTO3 15.49 ▲ 0.52% UGPA3 31.75 ▲ 0.16% VBBR3 33.88 ▼ 0.67% BBSE3 41.47 ▲ 1.02% BPAC11 55.75 ▼ 0.16% CURY3 29.84 ▼ 1.16% AERI3 2.05 ▼ 0.97% VIVARA 21.48 ▼ 2.19% COMPASS 24.40 ▼ 0.81% VAMOS 3.06 ▼ 0.97% SANB11 27.31 ▲ 1.11% ASAI3 8.21 ▲ 0.86% SBSP3 28.77 ▼ 0.72% WALMEX 49.23 ▼ 0.30% GMEXICO 208.07 ▲ 3.61% FEMSA 226.57 ▼ 0.18% CEMEX 22.04 ▲ 0.73% GFNORTE 186.21 ▲ 3.45% BIMBO 59.14 ▼ 0.61% TELEVISA 9.74 ▲ 0.31% AMX 22.77 ▲ 0.13% GAP 377.91 ▼ 0.07% ASUR 274.92 ▲ 0.20% OMA 225.68 ▼ 0.34% KOF 180.95 ▲ 0.08% GRUMA 283.31 ▼ 1.49% KIMBER 38.17 ▼ 0.57% SQM-B 64,600 ▲ 2.34% COPEC 6,380 ▲ 2.91% BSANTANDER 79.66 ▲ 4.69% FALABELLA 5,904 ▲ 0.49% ENELAM 84.67 ▲ 0.67% CENCOSUD 2,015 ▲ 1.03% CMPC 1,085 ▲ 1.76% BANCO CHILE 190.70 ▲ 2.26% LATAM AIR 24.29 ▼ 0.49% YPF 80,600 ▲ 1.77% GGAL 7,965 ▲ 1.53% PAMPA 5,495 ▲ 4.27% TXAR 675.00 ▲ 0.67% ALUAR 970.00 ▲ 1.09% TGS 9,755 ▲ 2.68% CEPU 2,353 ▲ 2.80% MIRGOR 16,825 ▼ 1.75% COME 43.10 ▲ 0.35% LOMA NEGRA 3,605 ▲ 0.91% BYMA 293.75 — 0.00% TELECOM ARG 4,215 ▲ 1.69% ECOPETROL 16.49 ▲ 2.84% BANCOLOMBIA 83.65 ▲ 3.50% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.21 ▲ 1.39% SOUTHERN COPPER 185.98 ▲ 6.23% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,816 ▼ 0.90% NUBANK 14.25 ▲ 1.82% XP 16.77 ▼ 0.21% PAGSEGURO 9.57 ▲ 3.01% STONE 11.31 ▲ 1.71% GLOBANT 32.04 ▼ 0.79% TECNOGLASS 45.37 ▼ 1.60% GAP AIRPORT 217.44 ▲ 0.15% ASUR 274.92 ▲ 0.20% OMA AIRPORT 103.83 ▼ 0.17% AMX ADR 26.14 ▲ 0.13% FEMSA ADR 130.31 ▲ 0.23% CEMEX ADR 12.68 ▲ 1.52% PETROBRAS ADR 18.52 ▲ 1.79% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.39 ▲ 0.78% SANTANDER BR 5.42 ▲ 0.84% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 — 0.00% GERDAU 4.64 ▼ 0.86% LATAM ADR 51.95 ▲ 0.40% BTC 66,453 ▲ 1.88% ETH 1,924 ▲ 1.07% SOL 77.93 ▲ 0.18% XRP 1.16 ▲ 4.23% BNB 572.88 ▲ 0.38% ADA 0.17 ▲ 2.37% DOGE 0.07 ▲ 1.96% AVAX 6.62 ▲ 0.67% LINK 8.62 ▲ 0.40% DOT 0.86 ▲ 3.61% LTC 47.14 ▼ 0.42% BCH 223.95 ▲ 1.84% TRX 0.33 ▲ 0.85% XLM 0.19 ▲ 2.85% HBAR 0.07 ▲ 4.49% NEAR 1.93 ▼ 2.25% ATOM 1.49 ▼ 0.47% AAVE 95.26 ▲ 6.11% SELIC 14.25% EMBRAER 82.92 ▼ 0.44% EMBRAER ADR 65.43 ▼ 0.76% JBS 11.92 ▼ 0.96% JBS BDR 60.39 ▼ 0.66% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.53 ▼ 1.60% EGX 53,990 ▲ 1.63% USD/ZAR16.47▼ 0.38% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.19▲ 0.43% USD/CNY6.77▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.10% GBP/USD1.34▼ 0.48% SPX 7,508 ▲ 0.87% DJI 52,237 ▲ 0.77% NDX 29,128 ▲ 1.83% RUT 2,980 ▲ 1.27% TSX 35,289 ▲ 0.94% VIX 16.99 ▼ 8.90% USD/CAD1.41▲ 0.26% US10Y 4.6280 ▲ 0.65% IBOV 173,107.90 ▼ 0.15% IPSA 10,963.36 ▲ 0.61% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,294,537 ▲ 2.20% COLCAP 2,319.30 ▲ 0.91% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.38% USD/MXN 17.39 ▼ 0.22% USD/CLP 933.93 ▼ 0.06% USD/COP 3,223 ▼ 1.39% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,478 ▼ 0.27% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 1.28% BRENT 91.39 ▲ 2.43% WTI 84.63 ▲ 1.68% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.64% GOLD 4,090 ▲ 1.97% SILVER 59.09 ▲ 4.03% SOY 1,222 ▼ 0.31% CORN 475.25 ▲ 5.73% WHEAT 678.50 ▲ 0.67% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.09 ▲ 3.24% PETR4 41.67 ▲ 1.26% VALE3 72.27 ▲ 0.47% ITUB4 42.53 ▲ 0.54% BBDC4 18.59 ▲ 0.98% ABEV3 15.84 ▲ 0.32% BBAS3 20.78 ▲ 3.02% B3SA3 15.12 ▼ 0.92% WEGE3 42.63 ▼ 1.16% PRIO3 58.41 ▲ 1.25% SUZB3 41.70 ▼ 0.45% RENT3 36.57 ▼ 2.45% AZZA3 17.50 ▼ 3.69% CSAN3 3.79 ▼ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▲ 4.62% GMAT3 3.82 ▼ 0.78% PSSA3 53.31 ▼ 1.64% CVCB3 1.14 ▲ 5.56% POSI3 3.73 ▲ 0.81% SLCE3 13.65 ▲ 0.59% NATU3 8.71 ▲ 0.93% BRKM5 5.76 ▼ 3.03% RANI3 7.90 ▼ 1.13% CSNA3 5.05 ▼ 0.39% CMIN3 5.55 ▲ 2.97% USIM5 8.45 ▲ 3.55% GGBR4 23.46 ▼ 0.68% ENEV3 25.42 ▼ 0.90% CPFE3 46.71 ▲ 0.84% CMIG4 11.05 ▲ 0.27% EQTL3 38.63 ▼ 1.68% LREN3 13.27 ▼ 0.30% VIVT3 35.74 ▲ 0.20% RAIL3 13.24 ▼ 2.43% KLABIN 17.57 ▲ 0.51% RAIA DROGASIL 18.16 ▼ 2.84% RDOR3 33.76 ▼ 4.77% HAPV3 11.23 ▼ 2.77% FLRY3 16.44 ▼ 0.72% SMTO3 15.49 ▲ 0.52% UGPA3 31.75 ▲ 0.16% VBBR3 33.88 ▼ 0.67% BBSE3 41.47 ▲ 1.02% BPAC11 55.75 ▼ 0.16% CURY3 29.84 ▼ 1.16% AERI3 2.05 ▼ 0.97% VIVARA 21.48 ▼ 2.19% COMPASS 24.40 ▼ 0.81% VAMOS 3.06 ▼ 0.97% SANB11 27.31 ▲ 1.11% ASAI3 8.21 ▲ 0.86% SBSP3 28.77 ▼ 0.72% WALMEX 49.23 ▼ 0.30% GMEXICO 208.07 ▲ 3.61% FEMSA 226.57 ▼ 0.18% CEMEX 22.04 ▲ 0.73% GFNORTE 186.21 ▲ 3.45% BIMBO 59.14 ▼ 0.61% TELEVISA 9.74 ▲ 0.31% AMX 22.77 ▲ 0.13% GAP 377.91 ▼ 0.07% ASUR 274.92 ▲ 0.20% OMA 225.68 ▼ 0.34% KOF 180.95 ▲ 0.08% GRUMA 283.31 ▼ 1.49% KIMBER 38.17 ▼ 0.57% SQM-B 64,600 ▲ 2.34% COPEC 6,380 ▲ 2.91% BSANTANDER 79.66 ▲ 4.69% FALABELLA 5,904 ▲ 0.49% ENELAM 84.67 ▲ 0.67% CENCOSUD 2,015 ▲ 1.03% CMPC 1,085 ▲ 1.76% BANCO CHILE 190.70 ▲ 2.26% LATAM AIR 24.29 ▼ 0.49% YPF 80,600 ▲ 1.77% GGAL 7,965 ▲ 1.53% PAMPA 5,495 ▲ 4.27% TXAR 675.00 ▲ 0.67% ALUAR 970.00 ▲ 1.09% TGS 9,755 ▲ 2.68% CEPU 2,353 ▲ 2.80% MIRGOR 16,825 ▼ 1.75% COME 43.10 ▲ 0.35% LOMA NEGRA 3,605 ▲ 0.91% BYMA 293.75 — 0.00% TELECOM ARG 4,215 ▲ 1.69% ECOPETROL 16.49 ▲ 2.84% BANCOLOMBIA 83.65 ▲ 3.50% GRUPO AVAL 4.99 ▲ 0.81% CREDICORP 392.21 ▲ 1.39% SOUTHERN COPPER 185.98 ▲ 6.23% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,816 ▼ 0.90% NUBANK 14.25 ▲ 1.82% XP 16.77 ▼ 0.21% PAGSEGURO 9.57 ▲ 3.01% STONE 11.31 ▲ 1.71% GLOBANT 32.04 ▼ 0.79% TECNOGLASS 45.37 ▼ 1.60% GAP AIRPORT 217.44 ▲ 0.15% ASUR 274.92 ▲ 0.20% OMA AIRPORT 103.83 ▼ 0.17% AMX ADR 26.14 ▲ 0.13% FEMSA ADR 130.31 ▲ 0.23% CEMEX ADR 12.68 ▲ 1.52% PETROBRAS ADR 18.52 ▲ 1.79% VALE ADR 14.23 ▲ 0.92% ITAU ADR 8.39 ▲ 0.78% SANTANDER BR 5.42 ▲ 0.84% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 — 0.00% GERDAU 4.64 ▼ 0.86% LATAM ADR 51.95 ▲ 0.40% BTC 66,453 ▲ 1.88% ETH 1,924 ▲ 1.07% SOL 77.93 ▲ 0.18% XRP 1.16 ▲ 4.23% BNB 572.88 ▲ 0.38% ADA 0.17 ▲ 2.37% DOGE 0.07 ▲ 1.96% AVAX 6.62 ▲ 0.67% LINK 8.62 ▲ 0.40% DOT 0.86 ▲ 3.61% LTC 47.14 ▼ 0.42% BCH 223.95 ▲ 1.84% TRX 0.33 ▲ 0.85% XLM 0.19 ▲ 2.85% HBAR 0.07 ▲ 4.49% NEAR 1.93 ▼ 2.25% ATOM 1.49 ▼ 0.47% AAVE 95.26 ▲ 6.11% SELIC 14.25% EMBRAER 82.92 ▼ 0.44% EMBRAER ADR 65.43 ▼ 0.76% JBS 11.92 ▼ 0.96% JBS BDR 60.39 ▼ 0.66% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 1.37% INTER 5.53 ▼ 1.60% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.25% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.17 ▲ 0.44% USD/CNY 6.7651 ▲ 0.11% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1406 ▼ 0.07% GBP/USD 1.3384 ▼ 0.31% SPX 7,508 ▲ 0.87% DJI 52,237 ▲ 0.77% NDX 29,128 ▲ 1.83% RUT 2,980 ▲ 1.27% TSX 35,289 ▲ 0.94% VIX 16.99 ▼ 8.90% USD/CAD 1.4106 ▲ 0.20% US10Y 4.6280 ▲ 0.65%
since 2009
Tuesday, July 21, 2026

Brazil Business - Brazil

São Paulo is the best startup ecosystem in Brazil and Latin America in 2022

By · June 3, 2022 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – Almost on par with Tokyo and ahead of Mumbai, Shenzhen, Washington, and Austin, São Paulo’s startup ecosystem is ranked 16th globally in 2022, showing positive momentum by moving up 4 places since 2021.

As every year, Israeli StartupBlink has prepared the global startup ecosystem index report, which is considered a benchmark in the industry.

The Brazilian megacity, the largest in the Southern Hemisphere, is also the No. 1 in Brazil and Latin America.

São Paulo is an ideal place to locate for Fintech, eCommerce & Retail, and Transportation startups. As the most popular industries in São Paulo, there is a sample of 175 Fintech startups, 144 Ecommerce & Retail startups, and 81 Transportation startups on the StartupBlink Map.

With São Paulo, Latin America already has a startup champion that will probably be among the top 10 tomorrow. (Photo internet reproduction)
With São Paulo, Latin America already has a startup champion that will probably be among the top 10 tomorrow. (Photo internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

On the StartupBlink Global Startup Ecosystem Map, there is also a sample of 603 startups in this city.

CURITIBA

The Startup Ecosystem of Curitiba is ranked at number 141 globally and shows a positive momentum increasing 3 spots since 2021. Curitiba also ranks number 2 in Brazil, and 5 in Latin America.

Curitiba is an ideal place to locate for eCommerce & Retail, Transportation and Hardware & IoT startups. As the most popular industries in Curitiba, there is a sample of 17 eCommerce & Retail startups, 12 Transportation startups, and 12 Hardware & IoT startups on the StartupBlink Map.

On the StartupBlink Global Startup Ecosystem Map, there is also a sample of 80 startups in this city.

RIO DE JANEIRO

The Startup Ecosystem of Rio de Janeiro is ranked at number 180 globally and shows a negative momentum decreasing -32 spots since 2021. Rio de Janeiro also ranks number 3 in Brazil, and 7 in Latin America.

Rio de Janeiro is an ideal place to locate for Education, Social & Leisure, and Foodtech startups. As the most popular industries in Rio de Janeiro, there is a sample of 28 Education startups, 18 Social & Leisure startups, and 17 Foodtech startups on the StartupBlink Map.

On the StartupBlink Global Startup Ecosystem Map, there is also a sample of 118 startups in this city.

BELO HORIZONTE

The Startup Ecosystem of Belo Horizonte is ranked at number 215 globally and shows a negative momentum decreasing -61 spots since 2021. Belo Horizonte also ranks at number 4 in Brazil, and 9 in Latin America.

Belo Horizonte is an ideal place to locate for Fintech, Transportation, and Software and Data startups. As the most popular industries in Belo Horizonte, there is a sample of 35 Fintech startups, 13 Transportation startups, and 8 Software and Data startups on the StartupBlink Map.

On the StartupBlink Global Startup Ecosystem Map, there is also a sample of 79 startups in this city.

PORTO ALEGRE

The Startup Ecosystem of Porto Alegre is ranked at number 240 globally and shows a negative momentum decreasing -52 spots since 2021. Porto Alegre also ranks at number 5 in Brazil, and 11 in Latin America.

Porto Alegre is an ideal place to locate for Fintech, Marketing & Sales, and Education startups. As the most popular industries in Porto Alegre, there is a sample of 23 Fintech startups, 8 Marketing & Sales startups, and 6 Education startups on the StartupBlink Map.

On the StartupBlink Global Startup Ecosystem Map, there is also a sample of 61 startups in this city.

AMERICAN CITIES IN THE LEAD

The world’s leading cities are San Francisco, New York, London, Los Angeles, Boston, Beijing, Shanghai and Bangalore, which comes ahead of Tel Aviv.

This is followed by Paris, Seattle, Berlin, New Delhi, Chicago and Tokyo.

Apart from São Paulo in 16th place, Latin American cities such as Mexico City (44th), Buenos Aires (56th), Santiago (67th) and Bogotá (70th) rank among the world’s 100 most dynamic ecosystems.

 

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.