Here are the highlights on Brazil’s tech and business scene in August:
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.
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.
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.
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.
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 $504,3 million. Prior to Semantix debuting on Nasdaq, the company successfully attracted investments from investors such as Inovabra, Crescera and Innova Capital.
RD Station closed its first acquisition after being bought by TOTVS last year: Tallos, a startup from Ceará, specialized in multichannel service via chatbots. The company bought 100% of Tallos in cash, for the amount of R$ 6.7 million.
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