Beijing-based Meituan says it plans to spend $1B over five years to bring its food delivery service Keeta to Brazil, after a Saudi Arabia rollout in 2024
Bloomberg :
Shanghai-based satellite company SpaceSail plans to offer internet in Brazil in 2026, after launching its first 18 satellites in August and 18 more in September
Daniel Carvalho / Bloomberg :
Brazil-based Asaas, which offers SMBs payment processing, invoicing, fraud protection, and other financial services, raised a $148M Series C led by Bond Capital
Jacob Robbins / PitchBook :
Brazil-based Cayena, which operates a marketplace to connect suppliers and buyers in the wholesale food industry, raised a $55M Series B led by Bicycle Capital
Welcome, Bicycle Capital. …
Bluesky says it had over 9M users as of September 6, after adding 3M new users in the week or so since Brazil blocked X, and that video support is “coming soon”
Bluesky keeps growing: The company announced that as of Friday morning, it had added 3 million new users, bringing its total user count to more than 9 million.
Bluesky reports a record spike in usage as many X users in Brazil move to Bluesky and Threads; Brazil is X's fifth-largest international market, with 20M+ users
The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares.
Brazil-based Matera, which provides instant payment and QR code payment software to financial institutions, raised $100M from Warburg Pincus to expand in the US
Mary Ann Azevedo / TechCrunch :
Brazil-based Kanastra, which supplies back-office technology for asset-backed securities funds, raised a $21M Series A led by Kaszek, following a $13M seed
Daniel Cancel / Bloomberg :
Sources: Didi plans a 2024 Hong Kong IPO, after delisting from the NYSE in 2022, and is valued at ~$16B, down from $80B when Chinese regulators opened a probe
- Ride-hailing pioneer has market share of about 70% in China — Business improving in China and abroad in places like Brazil
London-based Volt, which offers open banking APIs in the UK, Europe, and Brazil, raised a $60M Series B led by IVP, a source says at a $350M+ valuation
Ingrid Lunden / TechCrunch :