A survey found a 16 percentage point rise in the number of Brazilian corporations investing in startups.

Brazil-based corporations are increasingly active in venture investments with two unit launches in the past week and a survey of 68 businesses revealing more are investing in startups. Brazil-based conglomerate Algar has set up a corporate venturing unit to cover its main sectors. Algar Ventures will cover information and communication technology (ICT) on behalf of…

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