Brazil

Corporate venture in Brazil gains steam as giants amp up startup investments

What a difference one year makes. Since showing noteworthy signs of a maturing tech ecosystem last summer, corporate venture in Latin America has begun to crescendo in just 12 months, led by Brazil.

The new wave of Brazilian SaaS innovators

The SaaS market in Brazil is booming. It mirrors the rapid adoption of SaaS as the dominant cloud computing type in a global public cloud services market that’s forecast to reach more than $122B in

SoftBank adds Brazil’s 99 to its ridesharing portfolio with a $100 million investment

SoftBank, known for investing in ridesharing apps that aren’t Uber, has added another startup to its list. This time it's a $100 million bet on 99, the largest ridesharing company in Brazil.

China’s Didi looks to Latin America with $100M investment in Brazil-based Uber rival 99

There's much talk of Didi Chuxing's desire to expand overseas now that it has agreed to gobble up Uber's China business, and it just took a big step to extending its international reach via a maiden d

Silicon Valley is a state of mind

“Silicon Valley is a state of mind,” said Ambassador Pedro Borio, Consulate General of Brazil in San Francisco, during a recent address at the annual BayBrazil Conference. Borio spoke of the major

DJI puts temporary restrictions on its drones in Brazil during the Olympic Games in Rio

Tomorrow marks the first day of the Olympic Games in Rio. And drone makers DJI have announced the establishment of temporary flight restrictions that will prevent their users from flying into air spac

Facebook has funds frozen in Brazil in another WhatsApp encrypted data dispute

Around $6 million in Facebook's Brazilian bank account has been frozen on court order in another dispute about encrypted data involving local police authorities and Facebook-owned messaging app WhatsA

Talking Brazil with Accel’s Kevin Efrusy

As you might have noticed, things aren’t going so well in Brazil. Its economy shrank 5.4 percent in the first quarter, according to government figures released yesterday. Its president, Dilma R