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January 9, 2017

GSVLabs from Silicon Valley arrives in Brazil in partnership with Kyvo

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Kyvo is the exclusive Brazil-based representative of GSVlabs using its methodologies and strategies from the center of innovation and has more than 170 group mentors.

Kyvo Design-driven Innovation and GSVlabs from Silicon Valley has started a partnership in order to promote Brazilian startups. Kyvo became the exclusive Brazil-based representative of GSVlabs in Brazil using its methodologies and strategies and has more than 170 group mentors in order to promote national entrepreneurs.

According to Hilton Menezes, Kyvo’s co-founder, the partnership aims at catalyzing startups, turning the entrepreneur’s into a “learn by doing” way. He says: “We get together our experience and the service of design consultancy to get better practices for catalyzing companies in Silicon Valley”.

GSVlabs in partnership with Kyvo is the start to get in the Brazilian market. GSVlabs operates in the United States, Mexico, China, Indonesia and India. “We are focused on the Brazilian market, because we see a potential for new businesses. We intend to connect to Silicon Valley in order to develop an entrepreneurship ecosystem which grows quickly in Brazil”, says Bobby Arimi, GSVLabs global business director.

In 2015, the American platform made US$ 200 million and more than 150 startups which GSVlabs has helped. The accelerator is part of GSVCapital, published in Nasdaq including relevant participations in Facebook, Snapchat, Dropbox and Spotify.

GSVlabs in partnership with Kyvo has an innovation program that helps solid companies to create or start a partnership with startups through a scalable business model. In the United States, Intel, 3M, AT&T and JetBlue use this program. JetBlue announced in 2016 the installation of a startup in the innovation center GSVlabs in order to develop technologies to make it easier to passengers and flight attendant.

“We are working to catalyze a multinational with a strong presence in Brazil scheduled to launch by the end of January. The big companies demand to invest in startups looking to innovation has increased”, says Menezes.