Brazilian company FCamara has invested €4 million in Portuguese innovation consultancy Beta-i, aiming for organic growth and potential M&A in key markets, including the US and Europe.
Talks between the companies had been ongoing for years before finalizing the deal. Pedro Rocha Vieira, Global CEO of Beta-i, confirms that Beta-i will retain autonomy, with no restructuring planned. Arthur Xavier, Co-CEO of FCamara, highlights that the investment aligns with their international expansion strategy, particularly into Spain and the Netherlands.
Strategic Goals and International Growth
FCamara, which already operates a tech hub in Portugal, expects to maintain its 30% annual growth rate, reaching $100M in revenue this year. By 2026, the company has earmarked €35M for expansion. The focus is on physical market entry, hiring teams, and strategic M&A.
Beta-i has been growing internationally, with offices in Lisbon, São Paulo, Brussels, and Boston. This partnership will enhance collaborative innovation, leveraging FCamara’s expertise in fintech, logistics, and AI.
AI and Digital Transformation
Both companies are integrating AI-driven solutions into their offerings. FCamara’s AI lab in Brazil has global clients, and the partnership with Beta-i aims to scale AI applications across industries, from retail and financial services to energy and smart cities.
By 2025, the companies will establish new offices in Europe and expand in the US market. FCamara sees Portugal as a key tech hub for scaling operations, with flexibility in staffing from Brazil. AI innovation remains a priority, helping clients accelerate digital transformation.
Both leaders emphasize the human aspect of innovation, highlighting organizational adaptability as the biggest challenge in the evolving technology landscape.
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