About Canaltech
Canaltech is a company based in Brazil founded in 2012 was acquired by Magazine Luiza in August 2020.. Canaltech operates in a competitive market with competitors including 36Kr, CNET, Gigaom, RainStor and The Next Web, among others.
- Headquarter Brazil
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Magazine Luiza
(Aug 06, 2020)
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Funding Insights of Canaltech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canaltech
Canaltech has secured backing from 1 investor. Prominent investors backing the company include Magazine Luiza. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A chain of department stores is operated in Brazil.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Canaltech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Canaltech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canaltech Comparisons
Competitors of Canaltech
Canaltech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 36Kr, CNET, Gigaom, RainStor and The Next Web, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Science and technology content is delivered via an online platform.
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| domain | founded_year | HQ Location |
Tech product reviews, news, and software downloads are provided.
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| domain | founded_year | HQ Location |
Technology news and analysis are provided via an online platform.
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| domain | founded_year | HQ Location |
Online platform offering technology news
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| domain | founded_year | HQ Location |
Science and technology news is delivered via an online platform.
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| domain | founded_year | HQ Location |
Science and technology content is published on an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Canaltech
When was Canaltech founded?
Canaltech was founded in 2012.
Where is Canaltech located?
Canaltech is headquartered in Brazil.
What does Canaltech do?
Canaltech was established in 2012 in Brazil as an online platform focused on technology news. Coverage is provided across categories such as smartphones, entertainment, gaming, science, space, and additional topics. Operations center on content delivery through the domain canaltech.com.br, with revenue generated via display advertisements. The platform serves users interested in tech-related updates within the media sector.
Who are the top competitors of Canaltech?
Canaltech's top competitors include 36Kr, CNET and The Next Web.
Who are Canaltech's investors?
Canaltech has 1 investor. Key investors include Magazine Luiza.