As its startup market accelerates, Brazil could be in for an IPO bonanza
Brazil’s startup market is reaching new heights, and its domestic stock market could benefit from the boom.
According to data from KPMG, Brazilian startups raised the most capital in a single quarter in Q1 2021, when some $1.4 billion flowed into domestic technology upstarts. That record stood until the second quarter of 2021 saw $2.7 billion raised by Brazilian startups.
By Nigel Sussman via Tech Crunch