Edge42 launches investment platform for startups in Portugal and Brazil looking to expand

Edge42 has launched an investment platform aimed at startups in Portugal and Brazil, with a commitment of 30 million euros. The venture capital firm, founded by Marco Oliveira and Ricardo Silva, seeks to leverage connections between the two countries to facilitate international expansion. They emphasize the potential for creating globally competitive tech companies and aim to support founders with capital, operational expertise, and market access. Edge42 is currently working with five startups in areas like AI and digital marketing. Oliveira and Silva both have extensive experience from Google, enhancing their strategic approach to investment.