> Brazilian neobank C6 Bank raised R$1.3b at a reported R$11.3b valuation from 40 undisclosed investors. C6 Bank was founded by former BTG Pactual executives Marcelo Kalim, Carlos Fonseca, and Leandro Torres.
- Marcelo Kalim shared with Reuters: “Um horizonte de 12 meses para um IPO, com a janela do jeito que está, parece ser um prazo bastante interessante.”
> Mountain Nazca, Flourish Ventures, Valar Ventures, and Greyhound Capital among others invested US$45m in albo, a Mexican challenger bank.
- Mountain Nazca led a US$7.4m Series A in January 2019. Magma Partners invested in the seed round in 2018.
- albo says they command 40% share of the digital banking market in Mexico.
> Riverwood Capital invested US$32m in Intelipost, a Brazilian freight management platform for omnichannel ecommerce deliveries.
- #M&A Intelipost also announced they acquired Brazilian routing optimization platform AgileProcess.
- Founder and COO Gabriel Drummond shares: “Our experience during C19 has evolved over the months. Earlier in the year, our main challenge was to cope with a very strong surge in demand from existing customers, and most of our attention went to tech and operations. Later on, we experienced increased demand from new customers, and our investment priorities had to shift towards implementation of services and our product.”
> #HEALTHTECH Peninsula Participações and Endeavor Catalyst led a US$10m Series B in Hilab (formerly Hi Technologies), a Brazilian manufacturer of portable blood test devices. monashees and Qualcomm Ventures invested R$14.7m in 2018.
- The round implies a R$300m post-money valuation, according to Brazil Journal.
- Hilab launched a #C19 diagnostic test and a portal for medical information for Brazilian doctors and patients to better navigate the current pandemic.
> Trocafone, a Brazilian resale marketplace for electronics, raised R$30m from Bulb Capital and existing investors Barn Investments and Wayra.
- Flavio Zaclis of Barn Investments recently interviewed Trocafone CEO Guillermo Freire.
- Previous investors include Aihuishou, a China-based electronics recycle startup, Pedralbes Partners, Salfort, South Ventures, 500 Startups, Lumia Capital, Quasar Ventures, and NXTP.
> monashees led a R$28m Series A in The Coffee, a Brazilian self-serve coffee shop, with participation from Norte Ventures and Shift Capital. monashees led a R$500k seed round in 2019.
- Proceeds from the round will be used for the launch of an ecommerce platform, the opening of a distribution center, and the company’s expansion to Spain, Portugal, and France.
> #DEBT Brazilian mining group PH invested R$15m in debt and equity in Gyra+, a Brazilian fintech offering microcredit to SMEs and entrepreneurs.
> New Brazilian VC Quartz led a R$13m round in Conta Simples, a Brazilian corporate card issuer and financial management platform for startups, with participation from DOMO Invest, FJ Labs, Big Bets, ABseed, and angels Marcelo Maisonnave, Eduardo Glitz, and Pedro Englert, all partners at XP.
- YC invested US$150k in August 2020.
> #AGTECH ONEVC led a US$2.7m round in TerraMagna, a Brazilian agtech platform providing working capital for farmers, with participation from MAYA Capital and Accion Venture Lab, and angels Patrick Sigrist (iFood), Fernando Gadotti (DogHero), Lincoln Ando (idwall), and Allan Kahimoto (Delivery Direct).
- The Yield Lab invested R$2m in 2019 in its first investment in a Brazilian startup. Canary invested US$256k in 2017.
> #HRTECH Clout Capital led a US$2.55m Series A in Quantum Talent, a Peruvian SaaS platform focused on increasing employee productivity.
- Angel Ventures led a US$660k round in 2019.
> #CYBERSECURITY KaszeK Ventures, Global Founders Capital, and Iporanga Ventures invested US$2.5m in Legiti, a Brazilian cybersecurity startup developing predictive models for preventing ecommerce fraud. Legiti was founded by former Palantir employee Pedro Sanzovo.
> Liquid2 Ventures, Foundation Capital, and angel fund Superhuman invested US$2.1m in Parrot Software, a Mexican restaurant management platform.
> #CLEANTECH #BLOCKCHAIN The Craftory led a US$1.8m round in Moss, a Brazilian blockchain-based marketplace for companies to trade carbon credits.
> Mountain Nazca led a US$1.7m round in Heru, a Mexican personal finance and fiscal management platform for independent workers, with participation from Flourish Ventures, Magma Partners, YC, and Xtraordinary Venture Partners.
> #EDTECH Accion Venture Lab, Emles Venture Partners, and Noveus VC invested US$1.5m in Henry, an Argentine on-demand coding program enabling students to cover their tuition costs through an Income Share Agreement (ISA).
> #FOODTECH #CVC Mexican sugar producer Grupo Azucarero Mexicano (GAM) and 500 Startups invested US$1.2m in Come Bien, a Mexican foodtech leveraging the dark kitchen model to launch restaurant brands.
> #AGTECH #BLOCKCHAIN DOMO Invest led a R$2.2m round in Gavea Marketplace, a Brazilian blockchain-based commodities exchange focused on the agricultural market.
> Finep Startup, a startup accelerator program backed by the Brazilian Ministério da Ciência, Tecnologia, Inovações e Telecomunicações (MCTIC), invested R$1.2m in YAK, a Brazilian manufacturer of electric tractors for construction and industrial use.
> #EDTECH Wayra Hispam made an undisclosed investment in Alicerce Educaçāo, a Brazilian network of education centers in city peripheries to supplement public school curriculum.
- Canary and Valor Capital led a R$20m round in 2019.
> #FOODTECH Alaya Capital led a US$600k round in Simpleat, an Argentine foodtech manufacturing ready-to-eat frozen meals, with participation from NOA Capital and Glocal.
> #ANGEL Poli Angels led a R$450k investment in e-comprei, a Brazilian B2B marketplace for wholesalers and small merchants of beauty and hygiene products.
> Mimo, a Brazilian ecommerce platform with livestream services for merchants, raised R$2m from angels Mark Yuan (Alibaba), Ricardo Dias (Ambev), Ricardo Natali (Experience Club), Daniela Graicar (Pros), Camila Salek (Vimer), and Pyr Marcondes (Pipeline Capital).
> #ANGEL TamoVip, a Brazilian fan monetization platform for celebrities, raised R$1.5m from angels Daniel Rummery, Adrián Merino Vítores, and Germán Lopez.