Edge42 launches investment platform for startups

Edge42, a venture capital firm, has launched an investment platform targeting startups linked to Portugal and Brazil, aiming to invest €30 million. Founded by Marco Oliveira and Ricardo Silva, the firm seeks to leverage connections between the two Portuguese-speaking countries to expand into Latin America and other international markets. Edge42 emphasizes the importance of linguistic and cultural proximity, talent availability, and business opportunities in facilitating startups' entry into new markets. The firm is focused on high-growth sectors, particularly Digital Marketing and Digital Commerce, and is currently supporting five startups in AI and digital marketing. Oliveira and Silva both have extensive experience at Google, enhancing their strategic approach to investment.