Feb 27
Agtech Cromai received an additional investment and reached R$30 million in its series A funding. The new investment, of R$12 million, was led by iDEXO, a corporate venture of TOTVS managed by Citrino Ventures, and was accompanied by a follow-on from Baraúna Venture Capital and the family office Citrino Gestão.
Feb 27
Neowrk, a startup specialized in technologies aimed at optimizing workspace management, received an investment of R$10 million in a round led by Indicator Capital with R$8 million.
Feb 26
The unicorn race in Latin America.
A research group concluded that 20 startups in the region have the potential to achieve unicorn status this year.
From Brazil: Blip, Petlove, Órigo Energia, Omie, Cerc, SolFácil, Buser, CRM&Bonus, QI Tech, Stark Bank, Tractian, and Mottu.
Other Latin startups in the list are 99 minutos, Karvi, Frubana, Justo, Klar, Xepelin, Tul, and Pomelo.
Feb 26
Brazilian startup Housi, which offers a subscription-based living solution, raised $10M in a round led by Redpoint eventures and TM3 Capital. Açolab Ventures, the CVC leg of ArcelorMittal, also participated. Housi will use the funds to expand internationally, starting in the US and Portugal, and to establish a training center in Espírito Santo.
Feb 23
Banco Master acquired Will bank, a digital bank that has more than six million customers and a strong presence in the Northeastern region of Brazil. With the negotiation, Master becomes a majority shareholder in the digital bank, which also has XP’s private equity fund as a partner.
Feb 23
Skyone, a startup that provides solutions to simplify routine and increase business productivity, raised R$60 million in an investment round led by Venture Capital Bewater.
Feb 6
Insurtech from Minas Gerais Loovi received an investment of R$45 million led by Marçal Holding and Oliveira Participações. The insurtech aims at simplifying and democratizing Brazilians’ access to auto insurance.
Feb 5
Feb 2
The startup Traive raised a US$20 million investment round with the participation of Banco do Brasil and current investors. BB made the investment via the BB Impacto ASG I Fund, managed by Vox Capital. Fintech uses AI to evaluate more than 2,500 data points, generating a risk profile analysis more consistent with agribusiness.
News gathering by Thais Chertman
