Coronavirus

Tech Roundup May 8, 2020 | Venture investment in Latin America still to feel coronavirus effect

Venture capital growing in Latin America. The 5G soap opera. And Facebook's latest efforts against misinformation

Venture investment in Latin America still to feel coronavirus effect
Image: Aniwhite/Shutterstock

You’re reading The Brazilian Report‘s weekly tech roundup, a digest of the most important news on technology and innovation in Brazil. This week’s topics: Venture capital growing in Latin America. The 5G soap opera. And efforts against misinformation. 

Venture capital grows in Latin America

While still far from Silicon Valley numbers, venture capital (VC) investment in Latin American startups has grown consistently over the past few years. Despite the pandemic, Brazilian startups (which account for half of the region’s seed-money investment) raised USD 480 million from investors between January and April — the highest for the period ever, marking a 20-percent...

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