Brazilian Healthcare Startups Raised US$31m In November – Focus.emphasis

Brazilian Healthcare Startups Raised US$31m In November - Focus.emphasis
iDun’s CEO, physician Diogo Rolim. Photo: Disclosure

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In the month, there was the fourth segment of the so-called healthtech startups that attracted the most investments in the country.

With a strong growth trend in recent months, health startups, also known as healthtech, raised US$31.3 million in the month of November alone, according to Inside Venture Capital, a monthly report produced by open innovation platform Distrito on Brazilian startups .

Among these companies is the Ceará startup iDun, which was born with the proposal to offer a platform capable of integrating the entire history of examination and patient consultation. “The platform optimizes patient and physician time, integrates data and makes everything available on your smartphone”, says physician Diogo Rolim, CEO of Iden. “It’s practicality and agility that drives us”.

In the startup segment, only fintech, retailtech (business and project management companies) and foodtech (food applications) contributed more than healthtech, which already has more than 500 across Brazil, according to the district.

“In the United States, healthtech is the second segment that raises the most funds, behind only fintech, which shows that Brazil still has a lot of room to grow here,” says Diogo Rolim.

The pandemic accelerated the growth of healthcare startups. In 2020, there were 53 rounds of investment in Healthtech, raising US$106 million, compared to US$190 million in 30 rounds in the first half of this year alone.

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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