With a focus on training programmes geared at the new economy and corporate innovation projects, Startse has been present in Silicon Valley of the last couple of years with a team of ten operating from a coworking space.
The firm’s new Palo Alto office in Silicon Valley, Startse University, launched on 14 October. The facility is to host corporate missions and workshops for up to 40 people and features an artificial intelligence lab.
Pedro Englert, chief executive of Startse, said: “While Singularity University discusses the future, we focus on the innovation issues of today,” when referring to the competition.
Since their launch in 2015, Startse has led missions to Silicon Valley with over 3,500 participants from Brazil.
Clients who have been involved in the company include Brazilian digital bank Banco Original, industrial conglomerate Votorantim, educational group Dom Cabral Foundation and ABInbec.
Startse is also expanding further afield
Following this launch, the company has plans to set up additional centres next year in China and Israel.
While demand for Startse’s face-to-face and online education offerings is predictably growing in Brazil, interest from clients based in other countries has also increased.
Englert added: “We will distribute our content globally. The innovation pains we see in Brazil are essentially the same as those we see in other Latin countries, in Europe and elsewhere in the world.”
As well as expanding physically, Startse are also planning to scale and distribute its content about innovation with tools based on technologies such as artificial intelligence.
As much as it expects to double revenues by 2020 (60 million reais/ $14 million this year), Startse will also need additional financial muscle to pursue its ambitions.
As such, Englert is in talks with investors – both Brazilian and international – to close the first funding round for the so far bootstrapped company later this year.
Pic: Annie Spratt