Sept 27
Gibb, a fintech specializing in on-demand salary solutions, has secured a R$ 30 million investment from SRM Ventures. With the investment, the company aims to benefit one million employees, in one thousand companies, by the end of 2025.
Sept 26
Microsoft has announced a R$14.7 billion investment in Brazil over the next three years to enhance its cloud computing and artificial intelligence infrastructure. This significant investment was revealed by CEO Satya Nadella during the Microsoft AI Tour event in São Paulo.
Sept 25
BHub, backoffice-as-a-service startup for small and medium-sized businesses, has raised R$ 74 million in a funding round led by the IFC. Other investors include Valor Capital, Monashees, and Latitud. The investment valued BHub at $160 million dollars. The company aims to reach breakeven by 2025.
Tech giant Amazon partnered with Brazilian companies to launch its carbon credit platform.
The initiative aims at stimulating reforestation and agroforestry starting in the Brazilian state of Pará with the goal of expanding to the entire country.
Sept 18
The B2B marketplace Cayena raised R$ 300 million in a Series B funding round. This investment was led by Bicycle Capital. The funds will be used to scale operations and expand Cayena’s geographical reach, aiming to operate in an additional 500 municipalities over the next two years.
Sept 18
Brazilian startup ROCK, which focuses on customer engagement solutions in Latin America, received a R$ 300 million investment from the Hindiana Fund. Additionally, the company was acquired by Bnex, which is expected to further boost its growth and development of new technologies.
Sept 14
The Latin American venture capital landscape is showing signs of maturity, with a growing number of well-established companies ready to go public. Despite economic challenges, investors remain optimistic about the region’s potential due to its underpenetrated markets and abundant talent. The survey highlights that regional investors are seeing a surge in startups, driven by the business opportunities in these emerging markets.
Sept 19
Mevo, a leading digital prescription platform in Brazil, has raised $19 million in Series B funding led by Matrix, with participation from Jefferson River Capital, Floating Point, IKJ Capital, and new investors like Elliot Cohen and TJ Parker. Mevo’s technology allows patients to access and purchase medications easily through a mobile interface, improving patient experience and medication adherence.
Sept 18
The 5th annual Atlantico Latin America Digital Transformation Report, themed “LatAm does it best,” highlights the region’s resilience and success in tech innovation despite scarcity and adversity.
Sept 4
Gringo, an app that aims to simplify the lives of drivers, raised a new investment of R$70 million. The platform, which has just reached the milestone of 20 million customers, reported that with the new investment – an extension of the Series C round that took place in 2023 and led by Moore Capital – it has accumulated almost half R$500 million in investments received over its five years in the market.
Sept 4
Arvo, a startup focused on ensuring the integrity of transactions between health operators and providers, has secured R$ 25 million in a funding round led by Canary and K50, with participation from Latitud, Preface, and Endeavor Scale-Up Ventures. This investment aims to enhance Arvo’s AI-driven solutions and support its growth in the healthcare sector.
News gathering by Thais Chertman
