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InternetNov 5, 2021original live

Investors have millions in funds to take Brazilian startups to Portugal. Find out who they are

Original headline: “Investidores têm milhões em fundos para levar start-ups brasileiras a Portugal. Saiba quem são

O Globo, Portugal Girooriginal in Portuguese
The Brazilian startup delegation posing at the Brasil stand at Web Summit Lisbon
Why it matters

One of Brazil's most recognized newspapers maps the investment route between Brazil and Portugal: who the funds are, how much they hold and which companies made the crossing. Sizebay appears among them.

What the piece reports

Sizebay is a mention here, not a subject, and that is what makes it worth keeping. The piece is about the money rather than the companies: who the funds are, what they hold, and how a Brazilian startup actually gets into Portugal.

One of the investors interviewed is the founder of a Lisbon hub who had gathered 25 angels into a group called Core Angels with a million euros to place in the best ideas coming out of Brazil. Asked what they had backed, he names Sizebay, describes it as digital commerce for clothing measurement, and notes it had already expanded into France and Germany. The piece separately records that the company had been selected for StartOut Brasil, the federal internationalisation programme, at an earlier Web Summit.

Being named by your own investor, in a national newspaper, in an article he is in to talk about his fund and not about you, is a different kind of evidence from being profiled. It is the outside confirmation of a decision taken years earlier, when opening in Portugal was still an expense with nothing to show for it.

Original sourceblogs.oglobo.globo.com/portugal-giro/post/investidores-tem-milhoes-em-fundos-para-levar-start-ups-brasileiras-portugal-saiba-quem-sao.html
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O Globo, Portugal Giro · In the media · Holybiz