By Business Wire
Check out
Brazil's hottest new start-ups showcasing in San Francisco:
http://bit.ly/Start-UpBrasilDemoDay
Graduates of
Start-Up Brasil Program have gone on to successfully raise money from U.S.
investors including 500 Startups, Qualcomm Ventures, Redpoint eVentures, and
Techstars.
The nine
Brazilian startups will be presenting their businesses to a panel of U.S.
investors on December 10th at the second annual International Demo Day.
“We can
estimate U.S. investors committed around USD $12 Billion to the Brazilian
Private Equity / Venture Capital Industry in 2014 alone,” said David Barioni
Neto, President of Apex-Brasil. “It’s safe to say that Silicon Valley VCs have
discovered Brazil’s vibrant start-up scene. We capture 53% of all the Latin
America venture capital deals. That´s why our agency has an office in Silicon
Valley and many initiatives to present great investment opportunities to U.S.
businessmen. The Demo Day is one of them.”
“These companies represent the leading
technology and innovation that Brazil can produce, and we are proud to have
them competing on an international stage and earning recognition and dollars
from top-tier institutional investors from Silicon Valley," said José
Dieguez, Deputy Director for Software and IT Services for the Brazilian Ministry
of Science, Technology and Innovation.
The nine
finalists in Batch 2 that will be presenting in San Francisco include:
1. Econodata
(big data analysis tool to identify leads for B2B companies)
2. MaxMilhas
(a marketplace for buying and selling airline miles)
3. Nazar.IO
(performance-monitoring tool for IT developers to tune applications)
4. Pinmypet
(wearable for pets; GPS and health-monitoring collar)
5. Solides
(behavioral mapping software for human resources hiring)
6. Superela
(online support forum for women)
7. Tippz
(real-time customer feedback tool for beverage manufacturers)
8. Urbotip
(B2B/B2G collaboration software for running ‘smart cities’)
9. Virtual
Avionics (professional flight simulation software and hardware)
“Our
International Demo Day is an opportunity to show what is being created by
entrepreneurs in other parts of the world. Different perspectives lead to new
solutions that can benefit the entire world and the startups presenting in San
Francisco are just a small part of what we can offer to solve global problems,”
said Vitor Andrade, Softex Manager for Start-Up-Brasil. “Brazilian
entrepreneurial ecosystem is really vibrant and Start-Up Brasil is an example
of it. Startups from our previous batches already raised externally the double
amount of capital invested by the government, which means for each R$ 1
invested on them, they have raised with private investors, angels and other
initiatives more than R$ 2.”
About
Apex-Brasil
The
Brazilian Trade and Investment Promotion Agency (Apex-Brasil) works to promote
Brazilian products and services abroad, and to attract foreign investment to
strategic sectors of the Brazilian
Apex-Brasil
also plays a key role in attracting foreign direct investment to Brazil,
working to detect business opportunities, promoting strategic events and
providing support to foreign investors interested in allocating resources in
Brazil.
About
MCTI
The Ministry
of Science, Technology and Innovation (MCTI) is the branch of the Brazilian
government in charge of the national policy for innovation, scientific and
technological research; planning, coordination, supervision and control of
activities related to science and technology; IT and automation development
policy; national biosafety policy; space policy; nuclear policy; and port
control of sensitive goods and services.
MCTI carries
out its activities through a set of institutions composed of research funding
agencies, scientific, innovation and technological research organizations, and
state-owned enterprises, conducting research and studies that translate into
knowledge and new technologies, as well as the development of products,
processes, and patents.
About
Softex
Softex -
Brazilian Association for the Promotion of Brazilian Software Excellence is a
not-for-profit entity that promotes the improvement of competitiveness of the
Brazilian software and IT services industry, which is a priority of the
Ministry of Science Technology and Innovation.
Since its
creation in 1996, SOFTEX has been expanding its range of activities and
contributing in a significant way to the competitive insertion of Brazilian IT
in the global economy. It has programs and activities in the following fields:
innovation, competitiveness and business alliances, finance, the generation of
business in Brazil and abroad, quality, training and education, business
articulation and intelligence. The Softex System is composed of a network of
regional agents who are distributed through 21 Brazilian cities and 13 states
with more than 2 thousand associated companies.
About
Start-Up Brasil Program
Start-Up
Brasil Program, National Startup Acceleration Program, is an initiative of the
Brazilian Ministry of Science, Technology and Innovation (MCTI) managed by
Softex, in partnership with
During the
year, the selected startups attend events, receive monitoring and are able to
participate in national and International Demo Days.
Start-Up
Brasil integrates the so called TI Maior Program, a strategic program for
software and IT services, which is one of the ENCTI (National Science,
Technology and Innovation Strategy) initiatives to select IT companies among
priority programs to empower the Brazilian economy, and that has important
players in the sector as partners of the program.