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Investments from the local venture capital and private equity amounted to R$23.6 billion in 2020. This was the first time that venture capital investments exceeded the private equity investments in Brazil. The VC industry totaled R$14.6 billion, compared to R$9 billion negotiated by the PE industry. The information is from a research conducted by the Brazilian Private Equity and Venture Capital Association (ABVCAP) and the consulting firm KPMG.
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Source: Infomoney
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