Here are the highlights on Brazil’s tech and business scene in December:
Fintech Nomad, which allows Brazilians to open a checking account with banks in the United States, raised an investment of R$ 30 million, in a round led by Monashees.
Linker received R$ 12 million round investment and warms up the dispute over the digital accounts of SMEs. The round count on the participation of investors such as Darwin Capital and other individual investors and family offices.
Creditas, the Brazilian lending business, has raised US$255 million in new financing. The new round will value the company at $1.75 billion. Investors in the round include new investors like LGT Lightstone, Tarsadia Capital, Wellington Management, e.ventures and Sunley House Capital. Previous investors including SoftBank Vision Fund 1, SoftBank Latin America DFund, VEF, Kaszek and Amadeus Capital Partners also returned to put more money into the company.
Locaweb acquired Melhor Envio for R$83 million, a logistics platform that connects small and medium-sized salespeople to the main carriers in Brazil.
Conductor, the leading card issuing and banking-as-a-service software platform, has raised an additional US$20 million from Temasek. This new investment adds to Conductor’s latest round of fundraising, increasing it to a total $170 million. Temasek joined the original institutional investors, Riverwood Capital and Visa, Inc., alongside the new investor group led by Viking Global Investors and also joined by Sunley House Capital.
Valor Capital Group led a seed series round of US$ 2.2 million in Dolado, a platform that takes digitization free of charge to small retailers in peripheral areas and small cities. The round also included the participation of Global Founders Capital, Provence and Norte Capital, as well as angel investors.
Intelipost, an e-commerce logistics startup, announced having received an investment of R$130 million from private equity firm Riverwood Capital earlier this year. The company also announced that it is merging its operation with AgileProcess, which specializes in routing and cargo monitoring.
Ame, fintech of Lojas Americanas and B2W, announced the purchase of the open banking platform BitCapital, for an undisclosed amount.
Trocafone, startup specialized in the purchase and sale of smartphones and used tablets, received a new round of investment in the amount of R$ 30 million made by the funds Barn Investimentos, Bulb Capital and Wayra. In five years, this is the seventh round received by the company, totaling R$ 200 million.
Coffee shop chain The Coffee has announced a US$5 million Series A deal led by São Paulo-based VC firm Monashees. With thirty stores spread across several Brazilian cities, the funding will support new distributions centers and openings in Lisbon, Madrid and Los Angeles.
Brazil’s C6 Bank received new funding round reaching the market value of R$ 11,3 billion (US$ 2.1 billion). More than 40 private investors were involved in the latest fundraising effort by C6’s holding company, which has resulted in a capital boost of 1.3 billion reais (US$ 252 million).