Small Business & Big Business reveals today (04/06) the 100 Startups to Watch 2021. This year has everything to become historic for the Brazilian innovation ecosystem. Only between January and May, the startups raised US$ 3.2 billion in contributions, which represents 90% of what was invested during the entire year of 2020. Also in this period, 91 mergers and acquisitions were registered — another proof of the maturing of the business environment.
The data are from Inside Venture Capital Report, a report produced by the District Dataminer, the intelligence arm of the District’s open innovation platform. “We are at a moment of great optimism, despite the tragedy of the pandemic”, says Felipe Matos, president of the Brazilian Association of Startups (ABStartups). It is not difficult to understand why these companies continue to perform well, despite the country’s economic instability. “The moment of crisis calls for agility, flexibility and innovation. And this is the mental model followed by all startups”, says Matos.
The evolution of the scenario was even clearer for those who participated in the process of selecting the 100 Startups to Watch. Now in its fourth edition, the list features 100 companies with innovative solutions to meet the demands of a changing economy. They are startups with the potential to become leaders and ready to receive the attention of investors, big companies, governments and accelerators. In total, 2,063 were registered.
After the technical assessment carried out by EloGroup and Innovc, which measured items such as the degree of innovation, market potential and maturity, 200 remained in the dispute. In the end, a panel of 27 judges, including consultants, investors and representatives of startup communities, chose the final list. From the data collected from the applicants and the 100 selected, a study of the ecosystem and its evolution in the last twelve months was also carried out.
Next, check out who the 100 Startups To Watch 2021. The wait is over!
Digital Innovation One
Good for Credit
I want to pay off
On the ground
Marketing and Sales
Health and wellness
Zetta Health Analytics
Transportation and logistics