Market value of Brazilian Tecnolatinas by geographic strategy 2020

Brazilian tech companies created most of their value within their borders. In 2020, startups with a local geographic strategy accounted for nearly three quarters of the market value of technology-based startups born in Brazil. Meanwhile, only six percent of the market value of these companies were generated by businesss focusing on a global market.

Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy

Characteristic	Share of ecosystem value
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Release date

March 2021

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Region

Brazil, LAC

Survey time period

2020

Number of respondents

1,005 companies

Special properties

Tecnolatinas refers to technology-based private companies born in Latin America and the Caribbean and owned by founders from the region. It includes companies that have raised more than one million U.S. dollars of capital and with an estimated value of six million U.S. dollars or more.

Supplementary notes

Various sources include Surfing Tsunamis, Tecnolatinas, LAVCA, Crunchbase, Pitchbook, Techcrunch, Research Reports and Media Reports.

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