Deals
▸ Summit Partners led a USD125m round for Celcoin, a Brazil-based infrastructure developer for fintechs targeting the underbanked.
- Innova Capital led a ~USD17m round in 2021.
▸ EV | Eve, a Brazilian manufacturer of electric vertical take-off and landing aircraft (eVTOLs), raised USD95m from Brazilian aerospace company Embraer and Japanese vehicle part manufacturer Nidec.
▸ CRM | Bonus, a Brazil-based marketing automation platform, raised a USD10m Series B+ from Vivo Ventures and Industry Ventures.
▸ Flapper, a Brazilian on-demand private aviation platform, raised an undisclosed Series A+ with follow-on from DXA Invest, Arien and Confrapar.
- DXA Invest and Arien led a ~USD6m Series A+ in Nov 2022; ACE Startups and Aerotec led a ~USD2m Series A earlier this year.
▸ AGTECH | Emerald Technology Ventures led a USD7.5m Series A for Kilimo, an Argentine agtech using satellite-based analytics to optimize water irrigation systems in crops, with participation from Kamay Ventures, Salkantay Ventures, iThink VC and the Yield Lab Latam.
- Kamay invested in December 2022; Chilean investor Impacta VC invested in April 2022.
▸ CLIMATE | Teampact Ventures fund led a USD4.2m seed round extension for Morfo, a France and Brazil-based reforestation startup, with participation from RAISE Seed for Good, Demeter and AFI Ventures.
▸ Ximple, a Mexico-based digital financial services company for the underbanked, raised a USD2.7m pre-seed round from Clocktower Technology Ventures, BoostCapital Partners, Graph Ventures, 99 Startups and Lotux.VC.
▸ LOGISTICS | LogShare, a Brazil-based collaborative logistics platform, raised a ~USD2.2m round from ONEVC, Niu Ventures and FJ Labs.
▸ TheVentureCity led a USD1.74m round for Moonflow, an Argentinian debt collection management startup, with participation from Salkantay Ventures, Amador Holdings and Morro Ventures.
▸ Impacta VC led a USD1.2m round for Retorna, a Chilean international money transfer platform, with participation from Morro Ventures, Ana Raptis (Amplifica) and undisclosed angels.
▸ Omnik, a Brazilian e-commerce solutions platform, raised ~USD1.2m from ABSeed.
▸ Canary and QED Investors led a ~USD1m round for Amparo, a Brazilian end-of-life service recommendation platform.
▸ HRTECH | Valutia led a ~USD1m seed round for Konsi, a Brazilian payroll loan analysis platform, with participation from Lighthouse's LH Tech Ventures fund.
▸ AGTECH | Gado Certo, a Brazilian cattle marketplace, raised ~USD780k from KPTL and Bossa Invest.
▸ AGTECH | Grandeo, a Brazilian agricultural monitoring and analysis startup, raised ~USD730k from holding company Uby Agro.
▸ Thompson Participações led a ~USD650k round for Licitei, a Brazilian government commission bidding platform for SMEs.
▸ Espírito Santo’s FUNSES1 invested ~USD550k in Conducco, a Brazilian CRM platform, Global Touch, a Brazilian community mapping tool, MVGI, a Brazilian environmental asset management platform, Taxly, a Brazilian tax management platform and Twiggy, a Brazilian online fashion startup.
▸ DEFI | Notus Labs, a Brazilian decentralized finance on-chain solutions startup, raised ~USD230k from Transfero, a Brazilian blockchain company.
▸ HEALTHTECH | Wayra invested in Fiibo, a Brazilian employee health benefits management platform.
▸ CVC | CEMEX Ventures invested in ObraLink, a Chilean sensor-based construction monitoring platform.
- Polpaico Soluciones invested USD500k in December 2023; CEMEX Ventures and Gruas M10 led a USD2m round in June 2022.
▸ Paysecure invested in a55, a Brazilian revenue-based lender and payment integration platform focused on SMEs in Brazil and Mexico.
- Movile exited a55 through a sale to AstroPay, a UK-based platform for international payments, in July 2023.
▸ ANGEL | Judit, a Brazilian legal processes search engine for companies, raised a ~USD730k round from undisclosed angels.