Here are the highlights on Brazil’s tech and business scene in August:
Aug 26
Staged Ventures, an investment fund manager, co-founded by Camila Farani, Geraldo Neto and Flavio Pripas, raised US$ 5.2 million, consolidating a secondary investment in the startup Digibe, a cloud platform that accelerates systems integration projects.
Aug 25
Insurtech Latú received $ 6,7 million in a pre-seed investment led by monashees. The startup develops a system that will use technology and the immense amount of data available to scale and expedite company risk assessments and provide coverage for small and medium-sized companies.
Aug 25
The Panvel Group launched Panvel Ventures, Corporate Venture Capital to expand investment in startups that bring solutions in the areas of health and well-being, customer experience and operational intelligence. As a partner, the accelerator Ventiur will curate, select and present startups. Panvel Ventures’ first venture is Lincon, a healthtech that promotes humanized digital therapy.
Aug 24
Broadfactor received R$20 million from SRM Ventures to expand credit offer, aiming to reach R$ 200 million in anticipation of receivables next year.
Aug 19
Netherland’s Just Eat Takeaway sells Brazil’s meal delivery startup iFood stake to Prosus for €1.8B”
Aug 10
Creditas buys a bank in Brazil to unlock new funding sources. The company signed a $100 million deal to buy Andbank’s Brazilian banking license, including some of its assets.
Aug 10
NG.CASH, a Brazilian fintech, raised a $10M seed round led by Andreesen Horowitz (a16z) and Monashees. Other participants in the round were 17Sigma and founders from Ualá, Rappi, Mobile, Brex, and more. The fintech offers a digital wallet app to make instant payments, top-up cell phones, make transfers, and shop with discounts.
Aug 8
Aug 8
Semantix, the Brazilian big data and AI firm, debuted on Nasdaq on Aug 4 after a SPAC merger with Alpha Capital Acquisition Company. Shares closed pointing to a market cap of $504,3 million. Prior to Semantix debuting on Nasdaq, the company successfully attracted investments from investors such as Inovabra, Crescera and Innova Capital.
Aug 2
RD Station closed its first acquisition after being bought by TOTVS last year: Tallos, a startup from Ceará, specialized in multichannel service via chatbots. The company bought 100% of Tallos in cash, for the amount of R$ 6.7 million.
Aug 1
The healthtech Dr. Consulta received an investment of R$ 170 million led by Kamaroopin. Madrone Capital and Lightrock funds also joined the series D round.
Aug 1
The sportstech Appito raised R$ 27 million to transform the management of sports spaces. It is estimated that there are about 5 thousand amateur soccer complexes in the country, with 30 million Brazilians playing. In Brazil alone, it is a market worth R$ 25 billion annually. Investors are Iporanga, Global Founder Capital (GFC) and Inteligo Bank.
News gathering by Thais Chertman