Here are the highlights on Brazil’s tech and business scene in September:
Sept 29
Cortex, a big data analytics platform for marketing and sales, has just raised R$ 260 million in Series C round led by Lightrock, the late stage manager that has already invested in names like Buser, Creditas and Dock. Softbank and Riverwood, which topped Cortex’s Series B, joined the round.
Sept 27
Ali, a payroll loan fintech, announced an investment of R$ 135 million. Series A round is led by BoostLAB, the business hub of BTG Pactual.
Sept 27
Forme, a financial education startup for children, has just received a contribution of R$450,000 from Ventiur, a Rio Grande do Sul accelerator, FEA Angels and other investors.
Sept 22
Solfácil received an investment of US$30 million in a round led by Fifth Wall. In May, the company had received a US$100 million contribution led by QED Investors, including SoftBank, VEF and Valor Capital.
Sep 22
After a record amount in VC investments in 2021, Latin American founders and investors now “seek balance caution and optimism”.
VC firm Atlantico’s digital report is out with the latest trends in the region.
Sept 19
Amicci, startup focused on the private label market, raised R$ 40 million in a series A round led by Astella. DGF Investimentos and Scale Up Ventures, from Endeavor, also participated in the investment.
Sept 13
After raising R$ 116 million in its Series A, at the end of 2021, BHub, a company that offers a backoffice as a service model, receives an extension of investment in the amount of about R$ 40 million, totaling R$ 156 million. The manager Moore Capital is the leader of the round extension, which also includes the participation of Endeavor Scale-Up Ventures, partners of DST, Monashees, Valor, Picus Capital, Norte and BFF Ventures.
Sept 13
With an investment of US$ 8.5 million, Leoparda Electric arrives in the country to expand electric mobility on two wheels. The partners raised US$ 8.5 million in a round led by Monashees and Construct Capital. Joining the leaders, also participated in the investment: Claure Capital, Aueco, K50 Ventures; Climate Capital and angel investors.
Sept 9
Credix, a startup in the credit sector for companies, raised a series A round of R$ 60 million. The investment is led by American funds Motive Partners and ParaFi, followed by Valor Capital, Victory Park Capital, MGG Investment Group, Circle Ventures, Abra, Fuse Capital. Also participating in the contribution are investors Marcelo Claure (former head of operations at SoftBank) and Ricardo Villela Marino (president of Itaú Latin America).
Sept 3
Frete.com acquired Rotas Brasil, a platform that calculates road tolls.; acquisition is the second since the creation of the M&As area.
News gathering by Thais Chertman