TLDR:
- Skyone acquires IT firm FWC in Brazil
- Ocyan launches startup program for innovative solutions
In a recent roundup of news in Latin America, Skyone, a Brazilian cloud services provider, made an acquisition of the IT firm FWC based in São Paulo. This acquisition follows Skyone’s 60 million-real financing round in February led by Venture Capital Bewater. The company aims to continue growing through M&As and has set a target of reaching annual revenues of 400 million reais this year.
Oil and gas supplier Ocyan has launched its Ocyan Waves Challenge program to scout for startups offering innovative solutions for operational challenges faced by the company. Meanwhile, Pátria fund’s SEK acquired Brazilian IT consultancy and security firm PROOF, expanding its reach in managed detection and response services.
Other notable highlights include SRM Ventures’ investment in the open finance platform EmpreX, Voke’s acquisition of Suprisul for hardware leasing services, and successful funding rounds for companies like Toku, Turbi, Tembici, and goFlux. N5, a financial services management platform in Argentina, plans to hire hundreds of employees and acquire local firms, while the Argentine fintech chamber partners with Bitcoin Argentina to support early-stage crypto startups.
Overall, the article highlights the ongoing trend of acquisitions, investments, and partnerships in the Latin American tech and finance sectors, showcasing the region’s growing innovation and entrepreneurship ecosystem.
