“100 Startups To Watch 2021” in Latin America’s innovation powerhouse Brazil

Between January and May this year, the country's startups raised US$3.2 billion in investments, which represents 90% of what was invested through all of 2020.

RIO DE JANEIRO, BRAZIL - This year has it all to hit records in the Brazilian innovation ecosystem. Between January and May alone, startups raised US$3.2 billion in investments, which represents 90% of what was invested through all of 2020. Also in this period, 91 mergers and acquisitions were registered - another proof of the maturing business environment.

The data are from the Inside Venture Capital Report, produced by Distrito Dataminer, the intelligence arm of Distrito open innovation platform. "We are at a moment of great optimism . . .

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