Bebestore Lands $10.2M From W7, Atomico In The Race For Brazil's Kid-Focused eCommerce Market

After nearly being eradicated when the Dot-com bubble burst in 2000, the Brazilian startup community has been slow to come back. However, over the last two years, growth has been accelerating and Brazil's startups seem poised to make a comeback. As Roi pointed out recently, the support ecosystem for young businesses in Brazil is still thin and plenty of friction remains (like high labor costs and inflexible legislation), but the potential is big and getting bigger -- and venture capital is beginning to flow as a result.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/TV_xic47slI/

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