The economy of Brazil is 10th largest in world, with a nominal GDP of USD 2.190 Trillion. Brazil economy is dominated by its service sector, comprising 58.91% of the GDP and employing 70,78% of the labour force. China is the largest trading partner of Brazil.
Brazil has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed social market economy, rich in natural resources and also developed in exports top-ranked educational institutions and government regulations. The majority of Brazil startups are located in São Paulo and Rio de Janeiro.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of Brazil Tech 2025’– an exclusive list of the most promising Brazil Tech startups that have also reached significant valuation milestones over the previous few years.