1. Deals Analysis
June 1, 2021

Technology industry venture financing deals total $3.33bn in Brazil in Q1 2021

By Carmen

Total technology industry venture financing deals worth $3.33bn were announced in the in Q1 2021, with $2bn venture financing of Loggi Tecnologia being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked an increase of 856.4% over the previous quarter and a rise of 1037% when compared with the last four-quarter average of $292.88m.

Brazil held a 4.44% share of the global technology industry venture financing deal value that totalled $75.02bn in Q1 2021.

In terms of deal activity, Brazil recorded 50 deals during Q1 2021, marking an increase of 138.10% over the previous quarter and a a rise of 115.05% over the last four-quarter average.

Brazil technology industry venture financing deals in Q1 2021: Top deals

The top five technology industry venture financing deals accounted for 88.5% of the overall value during Q1 2021.

The combined value of the top five venture financing deals stood at $2.95bn, against the overall value of $3.33bn recorded for the quarter.

The top five technology industry deals of Q1 2021 tracked by GlobalData were:

1) CapSur Capital, Microsoft, SoftBank Group and Verde Asset Management’s $2bn venture financing of Loggi Tecnologia

2) The $425m venture financing of Loft Holdings by Advent International, Altimeter Capital Management, Andreessen Horowitz, Caffeinated Capital, CPPIB Capital, D1 Capital Partners, DST Global, Fifth Wall Ventures Management, GIC, Monashees, QED Investors, Silver Lake Waterman, Soros Fund Management, Tarsadia Investments, Tiger Global Management, Vulcan Capital Management and Zigg Capital

3) CapSur Capital, GGV Capital, Microsoft, Monashees, SoftBank Group and Sunley House Capital Management’s $205.34m venture financing of Loggi Tecnologia

4) The $190m venture financing of MadeiraMadeira by Brasil Capital, Dynamo, Lakewood Capital, Monashees, SoftBank Group and VELT Partners Investimentos

5) Alkeon Capital and TCV’s venture financing of Hotmart for $130m.

Verdict deals analysis methodology

This analysis considers only announced and completed cloud-deals deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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