> Tembici, a Brazilian micro-mobility platform focused on bikes, raised a US$47m Series B led by Valor Capital and Redpoint eventures, and with participation from IFC and Joá Investimentos.
- Tembici caters to both couriers and commuters, and is logging 2 million monthly rides on its platform.
- CEO Tomas Martins shares: "Bicycles will undoubtedly play an important role in the post-pandemic world…. As more people change their habits, the new investment will help us meet the increasing demand."
> Cortex, a Brazilian SaaS marketing and sales platform, raised a US$22m Series B led by SoftBank’s Latin America Fund, with participation from Redpoint eventures and Endeavor Catalyst.
> Belvo, a Mexican fintech providing a financial services API for mobile applications, raised a US$10m round led by KaszeK Ventures and Founders Fund. MAYA Capital, Venture Friends, and Nubank CEO David Velez followed on in the round. Read below for our interview with Co-Founder Pablo Viguera.
> Accountfy, a Brazilian B2B financial planning platform, raised a U$6.5m round from Redpoint eventures and Chilean insurance conglomerate HDI Seguros.
> #CVC a55, a Brazilian revenue-based lender focused on small businesses in Brazil and Mexico, raised a US$5m Series A led by Santander Innoventures, and plans to broaden into new credit offerings. The company raised US$3m previously from unnamed investors.
- a55 shares: "We have passed US$30m in cumulative credit booked…Despite the coronavirus, our NPL rate has been reduced by 50% and is now below 3%."
> Meu Tudo, a Brazilian marketplace focused on payroll lending, raised R$12m from DOMO Invest.
> Mati, a Mexico-based identity verification technology provider, raised an undisclosed investment from Omidyar-backed Spero Ventures.
- Spero Ventures was spun out from Omidyar Network in 2019 with US$100m in commitments to invest across verticals such as wellbeing and the future of work.
- Mati aims to provide an effective solution to the prevalent payment fraud problem in Latin America.
> Hent, a Brazilian property rental management platform, raised R$5m from Canary.
- Hent was one of seven Brazilian startups to participate in YC’s W20 batch.
- The company is founded by Leonardo Pinho, co-founder of Kaplen (sold to Itaú), David Aragao, Partner at Motonow (sold to Loggi), and Thiago Diniz, co-founder of Eventick (sold to Sympla).
> LogComex, a Brazilian international trade management platform, raised R$3m from Caravela Capital and Invest Tech. LogComex focuses on providing logistics intelligence and traceability to more than 350 clients across four continents.
> Celero, a Brazilian corporate finance automation platform, raised an undisclosed round from Honey Island Capital (formerly Hi Capital), a seed investment firm established by EBANX co-founders.
> Cyklo, a Brazilian agribusiness accelerator, raised an undisclosed amount from consultant firm Alvarez & Marsal. Cyklo is the first accelerator focused on agribusiness in the Matopiba region.
> #AUSTRALIA Latam Autos, a Mexican online auto classifieds platform focused on Latin America, delisted from the Australian Stock Exchange and raised US$3.5m from an unnamed Australian fund.
> #ANGEL Digibee, an e-commerce digital integration manager for small businesses, raised a US$5m round led by GAA Investments with participation from Laércio Albuquerque of Cisco Brazil.
> VC investment in Latin American startups has quadrupled since 2016 to a record US$4.6b in 2019, according to LAVCA data.