Looking back on this year's Brazilian startup scene, we would be amiss not to mention the remarkable increase in investments we have witnessed. According to Distrito's Inside Venture Capital, there were 677 rounds this year, totalling $8.85 billion until November. Compared to last year, the number is even more striking: the amount contributed so far in 2021 is three times greater than in 2020, with records broken for the number of startups that received contributions throughout the year.
Some sectors deserve to be highlighted; fintechs ($311 million in contributions), retailtechs ($268 mi), business and project management startups ($125 mi), foodtechs ($52 mi) and healthtechs ($31,3 mi).
Likewise, the Brazilian unicorns Loft and Nubank presented the most impressive numbers. The first made history when it led one of the biggest rounds ever held in the country ($425M) in March; in a cause-effect reaction, it joined the group of most valuable companies within the real estate industry outside the US and China. Meanwhile, Nubank has participated in two successful rounds this year, raising $750M and $400M, respectively.
According to Roberto Haddad, a leading partner (the lead partner/the leading partner) of private equity and venture capital at KPMG in Brazil, the country is already one of the key global hubs for differentiated entrepreneurs with high potential for success. For Haddad, private equity and venture capital funds are the ones responsible for making these businesses viable.
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