Desafio Brasil 2010 has released a list of the 130 60 competitors who have made it to the next round. Of the 160 applicants, 30 did not satisfy the requirements. The next step of the process is mentoring, which run during July. Read more…
Brazilian startup SiliconReef is headquartered in Recife, the capital of the state of Pernambuco, Brazil, and is now the winner of the business plan competition known as Challenge Brazil 2009 (sponsored by FGV/Intel Capital/Derraik Law Offices).
SiliconReef is prepared to produce and sell chips (integrated circuits) to improve the efficiency of equipment drawing on renewable sources of energy (green, or sustainable technology). The product, EH01, promises to improve efficiency in the energy generation and storage of wireless networks by up to 70%. Read more…
Entrepreneurship, innovation, technology and venture capital: If you are interested in these things, you are invited to attend the trade show October 15 and 16 at the Getúlio Vargas Foundation in São Paulo. During the show there will be a presentation of the 16 semifinalists for Challenge Brazil 2009, and the group will be cut to 8 finalists. Read more…
At the end of December Intel Capital announced it was investing in a Brazilian business called Truetech. Truetech is not exactly a startup, but it is involved with the distribution of online video. The amount of the investment was not revealed.
Intel Capital is investing in online video in Brazil and believes the broadband market is growing at an accelarating pace in Brazil, which will only help with the downloading of large files like video.
Intel Capital has invested in eight Brazilian businesses: Ativi, Certisign, Digitron, InfoServer, Neovia, TecTotal, Virtus and Yavox.
The plan for Truetech, according to CEO Flávio Piza, is to continue innovating and consolidate the leadership in the streaming video sector in Brazil.
