News Listing
BTG-Backed Fund Plans to Invest €500 Million in Stadiums in Portugal
Antonio Esteves, from Fortitude Capital, plans to invest in upgrading the stadiums of Benfica, FC Porto, and Sporting CP. The firm has already raised nearly €500 million, with backing from BTG Pactual and Atrium. Read the news in Portuguese.
Flexjet Valued at $4B in Largest Business Aviation Round
Flexjet was valued at $4 billion after raising $800 million, which will be used to modernize its fleet, expand operations, attract new luxury clients, and pay dividends to shareholders. Read the news in Portuguese.
Copel Ventures and Indicator Invest R$ 12.5 Million in Fu2re
Fu2re’s technology optimizes the monitoring of physical assets, focusing on the electric sector, offering solutions such as automated meter reading and fraud detection. A key differentiator is its no-code system, which enables app creation without the need for programming. Read the news in Portuguese.
Natura Expands Its CVC Fund Portfolio with Integration of Renewable Biomaterials Startup
U.S.-based startup Mango Materials is now part of the Natura Ventures portfolio, a fund managed by VOX Capital. The company produces renewable and biodegradable bioplastic from biomethane. Read the news in Portuguese.
iFood Buys 20% of CRMBonus and Becomes Its Second Largest Shareholder
iFood has acquired 20% of CRMBonus, a cashback and coupon company. The deal includes an option to acquire 100% of the company over the next three years for up to R$ 10 billion, depending on CRMBonus' performance and synergy between the companies. Read the news in Portuguese.
Tako Raises Another R$ 100 Million to Reinvent Payroll with AI
Startup Tako has raised R$ 100 million in a Series A round, just nine months after its first investment. The round was led by Ribbit Capital, with participation from a16z and ONEVC. Read the news in Portuguese.
How WhatsApp and AI Are Shaping a New Generation of Brazilian Startups
A new generation of Brazilian startups is emerging with a focus on artificial intelligence and WhatsApp as the main interface. WhatsApp has recognized this trend and is considering creating a hub to support these companies.
With No IPOs and Interest Rates at 15%, Company Sales Between Funds Are on the Rise
With the stock market closed for IPOs and interest rates high at 15%, private equity funds have turned to the secondary market for divestments. Although data is scarce, fund managers report growth in the secondary market in Brazil. Read the news in Portuguese.
VC Merger in the South: Quartzo and Invisto Join Forces and Aim to Raise US$100 Million
Two big venture capital firms from southern Brazil, Quartzo Capital and Invisto, have joined forces to boost and accelerate risk investment beyond the Rio-São Paulo axis. Together, they manage a portfolio worth R$600 million and now aim to raise an additional US$100 million.