The Latest from Sophia Wood
Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More post
As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.
After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, SoftBank announced this month that it would add an additional $1 billion into the fund.
Brazil’s famously tricky real estate market has long drawn international investors to the region in search of tech solutions.
Latin America’s startup and investment ecosystem has likely more than doubled this year as compared to 2019.
Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of
Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming the first startup from the southern part of the country to top a $1 billion valuation. U.S.-based FTV Capital prov
SoftBank did not let up the flow of capital to Brazil this month, staying busy despite the WeWork debacle. With two more $100 million-plus rounds in QuintoAndar and MadeiraMadeira, the Japanese invest