Published on August 31, 2022

Fast growth of start-up ecosystem in Brazil

Brazil is the top player in Latin America when it comes to start-ups. Investments in
start-ups grew to a record amount of US$ 9.4 billion in 2021 (nearly triple the amount of the year before and a tenfold growth over the past decade). The ecosystem is expanding rapidly in the region´s largest market. Brazil has an estimated 14,000 start-ups and about 20 so-called unicorns (i.e. privately held start-ups valued at over US$ 1 billion). A Legal Framework for Start-ups was recently approved by Parliament to further boost the Brazilian start-up landscape.