(Geektime) One of the biggest trends in Brazilian venture capital, perhaps a paradigm of global trends, is the entry of corporate interest in the country’s technology companies. In late October, international conference Corporate Venture in Brasil (CV in Brasil) brought more than 20 corporate venture arms to the country to talk up the local scene, including reps from the likes of IBM Venture Capital Group, Intel Capital, ABB Technology Ventures, and more.

The meetup included speakers like Leonardo Pereira of BNDES, Claudia Fan Munce of IBM, Mariano Amartino of Wayra, and COO Vitor Andrade of Start-Up Brasil, among many others.

Apex-Brasil, the brains behind the recent conference, was formed in order to promote foreign investment and provide a “soft landing” for VCs according to their literature. The conference was intended to be the formal launch of a new initiative that will provide post-venture services and information to investors.

“The industry in Brazil is probably the mostly advanced venture and private equity industry in Latin America,” Start-Up Brasil’s Andrade tells Geektime, dominating the Latin American private equity and venture capital (PEVC) landscape.

Up to a third of the region’s VC deals were there in 2008, only amplifying its dominance to 53% in 2014. By 2014, about R$ 126.9 billion was committed to ventures in Brazil and R$ 13.3 billion had been invested in the same year (down from the previous two years but over versus 2011).