#Brazil
Brazil’s Stock Exchange B3 Acquires Neoway
B3 goes AI in big data
Brazil’s stock exchange B3 (B3:B3SA3) announced the acquisition of Neoway, a tech company specializing in big data analytics and artificial business intelligence
Brazil’s stock exchange B3 (B3:B3SA3) announced the acquisition of Neoway, a tech company specializing in big data analytics and artificial business intelligence, for BRL $ 1.8 billion (USD $330 million).
Neoway has more than 450 employees in three offices, more than 500 customers and has projected net revenue of BRL$ 190 million for 2022.
Founded in 2002, Neoway is one of the largest big data analytics and artificial intelligence companies for businesses in Latin America.
The transaction marks the company’s largest acquisition since 2017 when the purchase of Cetip by BM&FBovespa was completed.
Bronstein, Zilberberg, Chueiri & Potenza Advogados acted as legal counsel to Neoway. The firm’s deal team was led by partner Pedro Chueiri and associates Raphael Chamma and Rafael Lutti Lippe.
Pinheiro Neto Advogados represented B3.
Ulhôa Canto, Rezende e Guerra Advogados also participated in this transaction.
Mevo Raises $20 Million Series B Round Led by Investment Fund Matrix
Beep Saúde Lands Investment of $15 million from Lightsmith Group, CZI of Mark Zuckerberg and David Vélez of Nubank
Unico IDtech Acquires Trully.AI Securing a Foothold in Latin America’s Second Largest Market
Latinvex Recognizes Andre Thiollier as Top 100 Latin American Lawyer Among Global Law Firms
The 12th Annual Latinvex Top 100 Latin American Lawyers from Global Law Firms
Fintech Nomad Lands Series-B Round of $61 Million for The Largest Fintech Equity Finance Deal of the Year in Latin America
Foley & Lardner acted as legal counsel to Nomad and Wilson Sonsini represented the Tiger Group
Mexico’s Clara Raised $60 Million in Equity Round Led by GGV Capital
Foley & Lardner and Gunderson Deter acted as legal counsel in the transaction
Zuckerberg Invests in Beep Saude Alongside Banco Bradesco
TozziniFreire partners João Busin and Juliana Maluf represented Mark Zuckerberg's CZI and the investors
Agrolend Raises Series-B of $27 Million from Global Fund Lightrock
Agrolend, the Brazilian fintech for rural producers, raises its Series-B backed from global investment fund Lightrock. Lightrock poured in Agrolend...
-
#Brazil3 anos agoJe Suis Ukraine
-
#Brazil3 anos agoBrazil Credit Fintech TerraMagna Raised $40 Million Led by Softbank in Its First Entry into Farming
-
#Latinamerica3 anos agoLatin America Stands Out in November Venture Capital and Acquisition Activities
-
#Brazil3 anos agoMattos Filho Advised Underwriters in Nubank’s IPO
-
#Latinamerica3 anos agoHow Fundable is Your Startup
-
#Brazil3 anos ago
Agrolend Raises $14 Million All-Equity Series A Led by Valor Capital
-
#Brazil3 anos agoGoldman Sachs Invests in Unico IdTech and Takes the Brazilian SaaS Startup Valuation above $2,5 Billion
-
#Brazil2 anos agoCarbonext Receives $40 Million from Shell for Carbon Credit Projects in Brazil’s Amazon
-
#Brazil3 anos agoBrazil’s Grão Direto Lands Series-A2 from Agribusiness Powerhouses Cargill, Louis Dreyfus Company, Archer Daniels Midland Company and Amaggi Agro.
-
#Brazil3 anos agoBrazil’s Medway Lands Series-A Round of $15 Million Led by Softbank Latin American Fund
-
#Brazil3 anos agoDigital Private Pension Broker Saks Lands BRL 26 Million Seed Investment from Itaú-Unibanco’s Private Equity Fund Kinea and Canary
-
#Brazil2 anos agoBrazilian Fintech Marvin Lands Series-A of $15 Million Backed by American Early Venture Capital Canaan