Ex-Google founders launch Edge42 to back €30M in Portugal-Brazil startups

What's the deal? Edge42, a new venture capital firm linking Portugal and Brazil, has launched with plans to invest €30 million in MarTech and digital commerce startups. It was founded by former Google employees Marco Oliveira and Ricardo Silva.

What's the endgame? The firm targets startups in both markets that want to expand across the Portugal-Brazil corridor. It focuses on marketing technology and digital commerce.

Why now? The firm is betting on the deep commercial and language ties between the two Portuguese-speaking markets as a springboard for cross-border growth.

The signal: Edge42, based in Lisbon's Tagus Park, is one of a growing number of firms treating Portugal and Brazil as a single investment corridor rather than two separate markets.

Read more: observador.pt

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