Brazilian startups raise US$591 million in January, 45% of Latin America’s total

Startups in Latin America totaled US$1.3 billion in investments in the first month of 2022, with an annual increase of 70%.

RIO DE JANEIRO, BRAZIL - In January, Brazilian startups raised US$591 million in 62 rounds. Investments in Brazil dropped when compared to the first month of last year, when the figure reached US$668 million.

Nevertheless, the amount represents 45% of the total raised in Latin America in the first 31 days of the year, according to a report by Sling Hub, a data intelligence platform on the regional startup ecosystem.

These companies totaled US$1.3 billion in investments in Latin America in the first month of 2022, an annual increase of 70%. Investments were distributed in 81 rounds . . .

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