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The startup scene in Brazil
San Pedro Valley publishes Belo Horizonte startup segment figures attributed to an ABStartups survey. The figures are indicative rather than a current census; reported shares include edtech at 16.4%, healthtech/life science at 12.7%, HR tech at 8.2%, and fintech at 8.2%.
About
San Pedro Valley publishes Belo Horizonte startup segment figures attributed to an ABStartups survey. The figures are indicative rather than a current census; reported shares include edtech at 16.4%, healthtech/life science at 12.7%, HR tech at 8.2%, and fintech at 8.2%.
UFMG describes an innovation system linking research, technology centers, spin-offs, incubators, and BH-TEC, which it describes as a park for companies and research and development centers producing new technologies. Sympla says it began in Belo Horizonte in 2012, initially grew without outside investment, and received R$13 million from Movile in June 2016. Blip says its predecessor Take traces to Belo Horizonte in 1999, with SMS as Take’s initial focus; Blip launched in 2016, and the company identifies Belo Horizonte as its global headquarters.
In an update dated April 29, 2025, Belo Horizonte city government described PBH Inova as entering implementation, with selected startups working on municipal challenges and awards of up to R$225,000 per challenge. This historical update does not establish a current application window; current intake is unverified.
Startup ecosystem standing
Where Belo Horizonte ranks
| Ranking | Edition | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|
 Global Startup Ecosystem Index (cities) | 2025 | #160 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate |
47 organizations with a profile
Who's based in Belo Horizonte
Investors 23
InvestorInvestorConnecting founders, advisors, and investors for impactful growth.
InvestorEmpowering innovation through strategic partnerships.
The 3 most prominent of 23. Browse all investors
Venture studios 16
Venture studioBrazil's first startup studio.
Venture studioThe largest venture builder ecosystem in Latin America.
Venture studioBuilding the future of LegalTech in Brazil.
The 3 most prominent of 16. Browse all venture studios
Accelerators 5
AcceleratorIEBT Innovation is a leading Brazilian accelerator and innovation management firm, specializing in corporate innovation and startup acceleration. It…
AcceleratorAccelerating early-stage startups in Brazil.
AcceleratorBrazil's first open innovation hub.
The 3 most prominent of 5. Browse all accelerators
Incubators 3
IncubatorFostering innovation in life sciences and biotechnology.
IncubatorCollaborative workspaces for business growth.
IncubatorCreating and developing innovative startups.
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Your way in
Raising in Belo Horizonte
Investors based here, and the programs that take teams at your stage.
Get investor introsFinding startups in Belo Horizonte
Accelerators and incubators here see the earliest teams first.
Get startups that fitScouting in Belo Horizonte
Campuses and communities are where teams form before anyone funds them.
Start scoutingFrom public sources
What the sources say about Belo Horizonte
Blip identifies Belo Horizonte as its global headquarters.
Source: Conheça a BlipBlip traces Take to Belo Horizonte in 1999 and says Blip launched in 2016.
Source: Conheça a BlipSympla says it grew initially without outside investment and raised R$13 million from Movile in June 2016.
Source: Por dentro da Sympla - Saiba um pouco da nossa históriaSympla says it began in Belo Horizonte in 2012.
Source: Por dentro da Sympla - Saiba um pouco da nossa históriaThe city described PBH Inova in April 2025 as moving into delivery, not a current application window.
Source: Prefeitura de Belo Horizonte inicia segunda etapa do programa PBH InovaUFMG describes BH-TEC as a park for companies and R&D centers producing new technologies.
Source: Ecossistema de Inovação
Questions about Belo Horizonte
How does Belo Horizonte rank as a startup ecosystem?
Its best position is #160 in StartupBlink Index (cities) (2025).
How many startup investors are based in Belo Horizonte?
23 investors based in Belo Horizonte have a profile here, including Koinz Capital, Koinz Capital and Neo Ventures. The real number is higher.
Are there accelerators or incubators in Belo Horizonte?
Yes. Belo Horizonte has 5 accelerators, 3 incubators and 16 venture studios on record, including IEBT Innovation, Biominas Brasil and eMotion Studios.
Geographic proximity
Nearby cities to Belo Horizonte
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