Tag: Brazils

Brazil’s HealthTech App MedPass Gains Strong Investor Backing

$8M Seed Funding, $6M Additional Capital Secured; Unveils Enhanced Quality of Life Platform

With strong growth projected for the global HealthTech apps market, Brazilian created MedPass is firmly on the leading edge of this wave as it gains significant traction with investors and clients alike.

MedPass – which currently targets corporate employees – today unveiled a substantially enhanced version of its HealthTech platform, 4.0, as it reports additional strong investor backing: After earlier securing $8 million in seed funding since 2016, it now has commitments from investors for another funding round of $6 million to finance the company’s continuing growth.

In Brazil’s highly fragmented healthcare startup market, with over 500 registered companies listed on Crunchbase, just 30 firms have received more than $1 million in seed funding, and a mere 10 have been funded above $5 million – and MedPass is one of them.

Introduction to MedPass HealthTech Platform


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In Brazil’s Amazon a COVID-19 resurgence dashes herd immunity hopes

BRASILIA (Reuters) – The largest city in Brazil’s Amazon has closed bars and river beaches to contain a fresh surge of coronavirus cases, a trend that may dash theories that Manaus was one of the world’s first places to reach collective, or herd, immunity.

FILE PHOTO: People enjoy at a bar after a Manaus City Hall decree that determined the closure of bars and restaurants was issued, amid the coronavirus disease (COVID-19) outbreak in Manaus, Brazil, September 25, 2020. REUTERS/Bruno Kelly/File Photo

When a large portion of a community becomes immune to a disease, its spread becomes unlikely.

University of Sao Paulo researchers suggested that a drastic fall in COVID-19 deaths in Manaus pointed to collective immunity at work, but they also believe that antibodies to the disease after infection may not last more than a few months.

Local authorities on Friday enforced a 30-day ban on parties and other

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Brazil’s “fake news” bill won’t solve its misinformation problem

The bill also includes apparent safety measures that I consider Trojan horses because they would allow the government to surveil users. For example, it stipulates that social-media platforms must keep records of messages that are forwarded by at least five users to more than 1,000 users within 15 days. The problem here is that the data of any user who forwards such a message will be stored, even if that user didn’t intend to misinform.

Another problem is that the bill risks turning Brazil into an island with its own rules that “freeze” technology. For example, it creates a standard based on WhatsApp for phone applications, forcing other developers to adapt to WhatsApp’s model for limiting how messages may be forwarded or how many participants can join groups.

Perhaps the worst thing about the bill, though, is that it reverses one of the greatest advances brought about by the Marco

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