Here are the highlights on Brazil’s tech and business scene in October:
From Fidelity to Schroders, Money Managers are Bullish on Brazil. Ibovespa has gained 22% this year as economic reforms advanced
Cobli, startup that develops IoT tracking technology for corporate fleets, raised US$10 million Series A led by Fifth Wall Ventures. Accompanying funds included Valor Capital Group, NXTP Ventures, as well as individual investors.
The marketplace integrator Olist received the latest investments in a series by SoftBank. Other C-series investors in the R$ 190 million round are Redpoint eventures and Valor Capital Group.
Qualcomm made an investment of R$ 40 million in the Brazilian startup idwall, which develops automated identity validation and fraud prevention solutions. The investment was joined by ONEVC, Canary, Monashees and Grupo Globo.
Exact Sales raised R$ 15 million from the Brazilian venture capital fund Astella. The startup focused on offering pre-sales solutions for other players.
Alicerce received R$ 12 million investment in a round led by the Canary and Valor Capital funds, and joined by individual investors. The startup offers school reinforcement on the outskirts of cities.
Anticipa, startup that promotes the anticipation of receivables, received an investment of R$ 4.5 million. The round was led by Redpoint eventures.
Payment processing EBanx is the newest Brazilian unicorn. Company closed on a new financing round from previous investors FTV and Endeavor Catalyst that values the company north of $1 billion.
SouSmile joined Kaszek Ventures’s portfolio with R$ 20 million investment. The round count on Canary and Global Founders Capital.
Brazilian audiobook startup Ubook received an investment of R$ 20 million from Confrapar.
Softbank’s mobility moves in Brazil. This time in the bus charter marketplace Buser. Grupo Globo and existing investors Canary, Valor Capital and Monashees joined this second funding round for an undisclosed amount.