TOP 10 VC ROUNDS IN BRAZIL

Fernanda Bezerril
Feb 27, 2024
1 min read

Updated: Aug 5

What were the 10 biggest investment rounds in startups in Brazil in 2023?

Pie chart with the title “Top 10 VC Rounds in Brazil - 2023”, highlighting the ranking of the largest equity raisings in the year, in millions of reais (R$ MM). In the center, the text: “Ranking of the amount raised via equity in 2023 (R$ MM)”. The companies listed, with their respective amounts raised: QI Tech - R$ 1,000 million Gympass - R$ 425 million Creditas - R$ 350 million Nomad - R$ 304 million Digibee - R$ 300 million Daki - R$ 250 million (two rounds of R$ 250M each, according to note) Mottu - R$ 250 million Origo - R$ 230 million Tractian - R$ 150 million CERC - R$ 150 million The graphic has a dark background with shades of green and blue to differentiate the slices. In the bottom left-hand corner, a note says: "*Data up to 10/12/2023. Equity rounds only". Source: Sling Hub, PEGN.

After a turbulent 2022, with scarcer sources for attracting investments, Brazilian startups once again announced more robust rounds in the second half of 2023.

The numbers do not compare to the boom in contributions in 2021, but they show stability of the ecosystem. Last year, startups received US$1.9 billion in investments in Brazil, in 435 rounds.

Of the 10 main fundraising in the year, only 30% were carried out in the first half of the year and 40% were Series B rounds.

The biggest fundraising of the year was from fintech QI Tech, followed by Gympass, Creditas e Nomad -all in the second half of the year. Fifth place is occupied by Digibee, seguido por Daki, Mottu, Órigo Energia, TRACTIAN e Gringo.

By DealMaker Insights | DealMaker