Brazilian Unicorns and the Country’s Performance in Innovation

27 September 2021

The Brazilian startup scene has been surprising the international market in recent years. In the first half of 2021, the country raised US$ 5.2 billion in investments, exceeding the total amount for 2020, according to data from the Inside Venture Capital Report 2021, produced by the District.

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The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

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