In 2023, the United States witnessed a significant drop in venture capital activities, marking the lowest level of investment since 2019. This downturn reflects the challenging conditions startups faced throughout the year. During this period, investors showed a keen interest in artificial intelligence startups, but the larger industry faced hardships. Research firm PitchBook reported that […]
Related Posts
Queiroz Surges as Brazil’s Egg Production Leader
Brazil recorded a gigantic egg production in 2022. Data from the Brazilian Institute of Geography and Statistics (IBGE) show that the national industry’s supply has broken annual records since the agency’s records began in 1997. Last year, Brazil reached the production of 48 billion eggs. In São Paulo state, the small town of Queiroz distinguishes […]
India’s Push for Electronics Leadership
India, with government strategies in place, aims to achieve $300 billion in electronics manufacturing by 2026. These plans include the 2020 Production-Linked Incentive program (PLI), offering over $6 billion in subsidies to attract businesses. Notably, the focus isn’t only on mobiles and telecom gear. It expands to laptops, servers, and semiconductors. Other specialized incentive plans […]
Business Start-up Pace in Brazil Decreases in 2023
In Brazil, from January to September this year, 1.4 million new companies came into existence. This marks a 22.2% reduction compared to the previous year’s 1.8 million during the same period, signaling a market contraction. Specifically, in September, 132.7 thousand new companies began, after factoring in both openings and closures. That month witnessed the launch […]