About Web 3.0 sector in Brazil
The Web 3.0 sector in Brazil comprises 185 companies, including 53 funded companies having collectively raised $327M in venture capital money and private equity. Out of these, 9 are Series A+ funded, and 1 has achieved unicorn status.
Web 3.0 sector in Brazil has seen 3 acquisitions.
This sector includes companies that have websites and applications whose data are stored and interconnected in a decentralized way instead of storing in centralized repositories owned and operated by a single corporate/company.
Companies that are providing infrastructure for blockchain and smart contracts developments. The feed also includes companies that are providing decentralized web 3.0 applications for enterprises, the entertainment industry, individuals, or decentralized web 3.0 applications offering financial services for individuals or businesses The feed exclude companies that are providing Web 2.0 and Web 1.0 applications, and blockchain/crypto-based financial services which are owned and operated by a corporate or a central authority
Top Web 3.0 Companies in Brazil
There are 185 Web 3.0 startups in Brazil which include Klever, Liqi, 2TM, Lumx, Bity. Out of these, 53 startups are funded, with 9 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 15 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Bocconi University, Cornell University and Pontifical Catholic University of Rio de Janeiro.
Here is the list of top Web 3.0 startups in Brazil
1. Klever
Digital wallet for cryptocurrencies. It allows users to store, buy & sell multiple digital assets including Bitcoin, Ethereum, TRX, XRP, LTC, etc. Its app-based platform features a blockchain-based solution for mobile P2P payments, online exchange, investments, games, and other decentralized financial services. The app is available for both Android and IOS devices.
Key facts about Klever
- Founded Year: 2014
- Location: Sao Paulo (Brazil)
- Stage: Funding Raised
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 35 of 1,193 Competitors
2. Liqi
Online platform for trading crypto and NFT tokens. Buy and sell crypto, track investments, control the assets in the portfolio, check trading statements, and get access to all market updates and real-time quotes.
Key facts about Liqi
- Founded Year: 2021
- Location: Sao Paulo (Brazil)
- Stage: Series A
- Total Funding till date: $4.58M
- Investors: Patria Investments, Galapagos Capital and 4 Others
- Latest Funding Round: Series A, Aug 23, 2024, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 81 of 6,122 Competitors
3. 2TM
Provider of blockchain infrastructure network for financial markets. It provides users with blockchain protocols for the finance industry. It also democratizes cryptocurrencies and digital assets, offering different solutions for companies and end consumers. It also provides security solutions for funding and investment operations. Its product includes Bitrust for the security of custodian assets, Clearbook for investment in startups, and more.
Key facts about 2TM
- Founded Year: 2013
- Location: Sao Paulo (Brazil)
- Stage: Series B
- Total Funding till date: $250M
- Investors: Tribe Capital, 10T and 10 Others
- Latest Funding Round: Series B, Nov 30, 2021, $*****
- Tracxn Score: 52/100 What is this?
- Competitors Rank: 100 of 3,119 Competitors
4. Lumx
Blockchain abstraction solutions for enterprises. It offers a suite of modular APIs and SDKs that allow enterprises to build scalable Web3 applications like cryptocurrency wallets, smart contracts, transaction management, credential and compliance management, and more. The platform can be used for ticketing, identity management, loyalty management, and more.
Key facts about Lumx
- Founded Year: 2022
- Location: Rio De Janeiro (Brazil)
- Stage: Series A
- Total Funding till date: $3.4M
- Investors: CMT Digital, Indicator Capital and 5 Others
- Latest Funding Round: Series A, Oct 15, 2025, $*****
- Tracxn Score: 50/100 What is this?
- Competitors Rank: 48 of 6,678 Competitors
5. Bity
Operator of a platform for cryptocurrency purchases, sales, and management. The platform facilitates express cryptocurrency purchases and sales, along with providing a web interface for trading. It offers digital dollar transfers and crypto-as-a-service options for businesses. The platform also provides a price comparison tool, a rewards card, investment features, and a referral program. Users can access real-time data and news.
Key facts about Bity
- Founded Year: 2016
- Location: Brazil
- Stage: Unfunded
- Tracxn Score: 48/100 What is this?
- Competitors Rank: 27 of 558 Competitors
Companies founded year-on-year in the Web 3.0 sector in Brazil
40 Web 3.0 startups in Brazil were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 3 |
2024 | - |
2023 | 5 |
2022 | 25 |
2021 | 40 |
2020 | 13 |
2019 | 30 |
2018 | 24 |
2017 | 18 |
Stage-wise distribution of Web 3.0 sector companies in Brazil
Out of the total 185 Web 3.0 companies in Brazil, 53 have secured funding. Among them, 9 have reached Series A or higher, and 5 to Series B or beyond.
Founded - 185
Funded - 53
Series A+ - 9
Series B+ - 5
Series C+ - 3
Company Stage | No. of companies |
|---|---|
Founded | 185 |
Funded | 53 |
Series A+ | 9 |
Series B+ | 5 |
Series C+ | 3 |
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Funding Trends in the Web 3.0 sector in Brazil
Total funding year-on-year in the Web 3.0 sector in Brazil
The Web 3.0 sector in Brazil saw a total funding of more than $327M in the last 10 years. The most amount of funding was in 2021 at more than $263M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $7.32M |
2024 | $2.92M |
2023 | $19M |
2022 | $32M |
2021 | $263M |
2020 | $1.8M |
Recent Funding Rounds in Web 3.0 in Brazil
In the year 2025, till October 2025, Web 3.0 companies in Brazil have raised $7.32M in equity funding across 4 rounds.
In the same period last year (i.e. till August 2024), Web 3.0 companies in Brazil had raised $1.99M across 1 round.
So, 2025 has seen a 267.91% rise in funding in Web 3.0 companies in Brazil as compared to 2024.
Here are some recent, important funding rounds in Web 3.0 companies in Brazil:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 8899 | Oct 15, 2025 | ||
Seed | 9919 | Jun 24, 2025 | ||
Seed | 9501 | May 22, 2025 | ||
Seed | 2146 | Feb 18, 2025 | ||
Series A | 4738 | Aug 23, 2024 |
Top Investors in Web 3.0 in Brazil
Plug and Play Tech Center is the top investor in Web 3.0 companies in Brazil based on number of companies invested.
Here are some top investors in Web 3.0 companies in Brazil:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
San Francisco (United States) | - | |
New York City (United States) | - | |
London (United Kingdom) | - | |
New York City (United States) | - |
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M&A activity in Web 3.0 sector in Brazil
In the year 2025, till October 2025, 1 acquisition happened in Web 3.0 sector in Brazil.
Here are some recent, important acquisitions in Web 3.0 sector in Brazil:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 08, 2025 | ||
Management Buy-In | Sep 09, 2022 | - | |
Business Acquisition | Jul 19, 2022 |
Acquisition trends in Web 3.0 sector in Brazil
Here are the acquisition trends in Web 3.0 sector in Brazil:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | - |
2023 | - |
2022 | 2 |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
Colleges which produce the most Web 3.0 companies in Brazil
Companies founded by alumni from top colleges in the Web 3.0 in Brazil
Most number of Web 3.0 startups in Brazil have been founded by alumni from Bocconi University, Cornell University and Pontifical Catholic University of Rio de Janeiro.
College | No. of companies |
|---|---|
Bocconi University | 1 |
Cornell University | 1 |
Pontifical Catholic University of Rio de Janeiro | 1 |
Stanford Business School | 1 |
University of Pennsylvania | 1 |
Wharton School | 1 |
Total funding in Web 3.0 companies founded by alumni from top colleges in Brazil
In the last 10 years, University of Pennsylvania graduates' Web 3.0 companies in Brazil have raised the most funding among top colleges. Wharton School alumni are second.
College | Total Funding |
|---|---|
University of Pennsylvania | $16.5M |
Wharton School | $16.5M |
Bocconi University | - |
Cornell University | - |
Pontifical Catholic University of Rio de Janeiro | - |
Stanford Business School | - |
Top News in Web 3.0 in Brazil
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Banco do Brasil Partners with Bitfy to Allow Users Pay for Tax with CryptoCoinspeaker•Feb 14, 2023•Banco do Brasil, BWS
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Polygon Partners with Token||Traxx To Produce Multichain Music NFT MarketplaceGlobeNewswire•Mar 11, 2022•Polygon, Token
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Toucan Brings New Nature-Based Carbon Tokens to Blockchain Marketsblocktribune.com•Feb 11, 2022•Toucan, Regen, MOSS
