Jan 31
Palo Alto-based Incognia, founded in Recife, raised a US$31 million Series B funding led by Bessemer Venture Partners.
The startup offers geolocation identity solutions aimed at fraud prevention, it operates in over 25 countries.
Jan 29
The Economist on Brazil’s tax reform overhaul: “Reform of the world’s most complicated tax system will cut businesses’ costs—if lobbies permit it.”
Jan 26
Healthcare clinic software provider Amigo Tech secured an investment of US$33 million from Riverwood Capital.
The company was founded in Recife, in 2017, to simplify the operations of doctor’s practices and clinics.
Jan 25
Genial Care, a healthtech startup that provides a platform for autism support, raised US$10 million in a funding round led by General Catalyst. Canary, Atlantico, IKJ Health Innovation and 1616 also participated in the round.
Jan 24
Fast-service grocery delivery app Daki secured an investment of US$5 million from 4Equity Media Ventures.
It’ll will allow the company to boost its marketing strategy for growth.
Jan 19
Enjoei, a marketplace for used products, acquired 25% of the used children’s products chain Cresci e Perdi for R$30 million.
The deal provides for the option to purchase the remainder of the share capital in 2028.
Jan 18
Fintech Cloudwalk is going global. The payments solutions startup, which reached break-even last year with US$400M in revenue, has launched its jim.com platform focusing on NY, Austin and San Francisco. These are CloudWalk’s first steps into its global expansion plans.
Jan 18
Brazil’s Banco Inter raised US$161.9 million in its new share offering (follow-on) at Nasdaq.
Jan 9
Conta Simples, an expense management and corporate card company, raised a Series B round of US$41.5 million. Base10 Partners led the round and was joined by Series A investors, including Y Combinator, DOMO and others.
Jan 9
Deco.cx, open source front-end development platform received an investment of US$2.2 million led by MAYA Capital and included FJ Labs, Lanx and Crivo Ventures.
Jan 3
The Brazilian ehealth company Livance closed an investment round, securing $13.2 million led by monashees. Existing shareholders Cadonau Investimentos and Terracotta Ventures also joined the round.
News gathering by Thais Chertman
