RIO DE JANEIRO, BRAZIL – After collecting US$60 million in an investment round led by the US Benchmark Capital fund, the Brazilian startup Wildlife Studios has joined the list of “unicorns” in the country.
Unicorns are companies that reach US$1 billion in market value before going public, that is, without selling shares on the stock market. The developer of mobile games announced on Thursday, December 5th, that it is now valued at US$1.3 billion.
São Paulo-based Wildlife is Brazil’s 11th unicorn, according to the Brazilian Startups Association (ABSTARTUPS). Given the more than 300 billionaire . . .