Brazil’s Venture Capital Rollercoaster: A 46% Drop and Future Hopes

Brazil’s startup ecosystem experienced a sharp downturn in the third quarter of 2024. Venture capital investments plummeted 46%, from $879 million to $474 million. This decline followed a brief surge in the second quarter, which had nearly matched 2022 levels. The global venture capital market also contracted, but less severely. Worldwide investments fell 26.6%, from […]