Brazil Venture Capital Deals Report – November 2025

November 2025 did not look like a broad risk-on month; it looked like a selective conviction month. The dataset is dominated by smaller seed, pre-seed, and unpriced venture rounds, but a handful of financings clearly stand above the pack because they combine meaningful capital formation with stronger signaling power from syndicate quality, round progression, and category relevance. In other words, the month was less about volume and more about which companies were still able to attract serious capital and credible backers. 

What matters editorially is that the standout deals span very different parts of the ecosystem: vertical HR/logistics infrastructure, fintech-enablement software, B2B commerce rails, smart infrastructure, and late-stage fintech recapitalization. That mix suggests capital was still available in Brazil and LatAm-adjacent tech, but it was being deployed with discipline: toward companies showing either scale, resilience through multiple rounds, or unusually strong investor endorsement.

NOVEMBER DEALS

 

2025-11-28 / Atlantikos / Venture – Series Unknown / USD 187,436

Atlantikos aggregates products from multiple brands and focuses exclusively on plant-based, eco-friendly, and cruelty-free items.

Lead Investors: Acrux Capital


2025-11-27 / BHub / Series A / USD 10,000,000

AI platform that serves as a factory for accountants and a steering tool for their clients

Lead Investors: Next Billion Ventures / Investors: Hedosophia, International Finance Corporation, MONASHEES, Next Billion Ventures, Valor Capital Group

Previous Rounds

2024-09-25 / BHub / Series A / USD 13,515,732

Lead Investors: International Finance Corporation / Investors: International Finance Corporation, Latitud, MONASHEES, Valor Capital Group

2022-09-13 / BHub / Series A / USD 7,705,828

Lead Investors: Moore Capital / Investors: BFF Ventures, MONASHEES, Moore Capital, Norte Ventures, Picus Capital, Scale-Up Ventures, Valor Capital Group

2021-12-14 / BHub / Series A / USD 20,800,000

Lead Investors: MONASHEES, Valor Capital Group / Investors: Clocktower Technology Ventures, Equitas Capital, Hedosophia, MONASHEES, Norte Ventures, Picus Capital, QED Investors, Scale-Up Ventures, Valor Capital Group

2021-09-22 / BHub / Seed / USD 4,400,000

Lead Investors: MONASHEES, Valor Capital Group / Investors: 17Sigma, BoostLAB, Clocktower Technology Ventures, EquitasVC, Latitud, Lee Fixel, MONASHEES, Norte Ventures, Picus Capital, QED Investors, Valor Capital Group


2025-11-26 / Doji / Seed / USD 562,620

Doji enables retailers in emerging markets to turn used devices into instant purchasing power through AI-driven trade‑in.

Lead Investors: Indicator Capital


2025-11-26 / ViX Brasil / Private Equity

ViX Brasil is an e-commerce company for swimwear and fashion items.

Lead Investors: Crescera Capital


2025-11-24 / Colmeia / Venture – Series Unknown / USD 3,340,261

The most complete and powerful multi-channel communication tool.

Lead Investors: Crescera Capital

Previous Rounds

2024-03-05 / Colmeia / Venture – Series Unknown / USD 5,041,746

Lead Investors: Crescera Capital

2019-09-16 / Colmeia / Seed / USD 245,050

Lead Investors: Incentivare Brasil

2018-03-15 / Colmeia / Pre-Seed / USD 304,377

Lead Investors: Incentivare Brasil

2017-04-17 / Colmeia / Seed / USD 32,253

Lead Investors: Cotidiano


2025-11-24 / Sanii / Seed / USD 927,850

Sanii provides wellness and fitness services and promotes activities for memory and social interaction.

Lead Investors: Sororitê

Previous Rounds

2023-10-25 / Sanii / Pre-Seed / USD 1,601,217

Lead Investors: Valor Capital Group / Investors: Green Rock, Norte Ventures, TipTop VC, Valor Capital Group


2025-11-20 / Culttivo / Series A / USD 1,000,000

Culttivo is a digital platform that offers credit products for coffee producers.

Lead Investors: The Yield Lab LATAM

Previous Rounds

2022-01-17 / Culttivo / Seed / USD 1,123,718

Lead Investors: KPTL / Investors: Ecom Agroindustrial, KPTL


2025-11-20 / Solomon / Seed / USD 1,500,150

Solomon platform helps ecommerce brands optimize marketing campaigns with real-time dashboards.

Lead Investors: Citrino Ventures


2025-11-19 / BackChannel / Seed / USD 4,688,760

BackChannel is an online B2B platform for inventory transactions and for buying and selling online goods.

Lead Investors: Sunna Ventures / Investors: Accion Ventures, IGNIA, Morro Ventures, Norte Ventures, Positive Ventures, Preface Ventures, Savia Ventures, Seaya Cathay Latam, Sunna Ventures

Previous Rounds

2024-01-01 / BackChannel / Seed / USD 3,000,000

Lead Investors: Cathay Innovation / Investors: Cathay Innovation, Latitud, Norte Ventures, Positive Ventures, Preface Ventures, Silence VC


2025-11-17 / Minha Coleta / Pre-Seed / USD 187,582

Minha Coleta is a Brazilian sustainability tech platform optimizing waste management and reverse logistics.

Lead Investors: Bossa Invest, Poli Angels


2025-11-13 / Flora Insights / Corporate Round / USD 188,747

Flora Insights specializes in diagnosing and managing psychosocial risks in the workplace using data-driven emotional insights.

Lead Investors: P2b


2025-11-13 / Futuriza / Seed / USD 1,250,000

Fashion Tech Authority

Lead Investors: Bossa Invest

Previous Rounds

2025-08-13 / Futuriza / Seed

Lead Investors: Bossa Invest

2024-01-07 / Futuriza / Pre-Seed / USD 125,000

Lead Investors: Antler


2025-11-13 / Tell Me Now / Seed / USD 1,887,469

Tell Me Now (or “DigAÍ” in Portuguese) hears out all candidates and spares recruiters time spent in countless meetings.

Lead Investors: Guilherme Bonifacio / Investors: Guilherme Bonifacio, Guilherme Rodrigues, Gvangels, Monica Hauck


2025-11-12 / Solan Group / Funding Round / USD 1,200,000

Solan Group is solar energy company that builds software and services for distributed generation.

Lead Investors: Quartzo Capital


2025-11-11 / AUROK / Private Equity

AUROK is a retail store that sells meat and related products.

Lead Investors: Gran Capital Partners


2025-11-10 / eMentor / Venture – Series Unknown

eMentor is a platform that offers mentoring for talent development within their organizations.

Lead Investors: Stamina VC


2025-11-10 / MotoristaPX / Series B / USD 47,248,261

MotoristaPX is a digital recruiting company that offers hiring services for trucks.

Lead Investors: Bicycle Capital / Investors: Bicycle Capital, MONASHEES, Scale-Up Ventures

Previous Rounds

2021-09-17 / MotoristaPX / Seed / USD 378,136

Lead Investors: ACE Ventures / Investors: ACE Ventures, BR Angels, GR8 Ventures, Randon Ventures


2025-11-06 / CloudWalk / Venture – Series Unknown

The interplanetary payment network

Lead Investors: Actyus / Investors: Actyus, Marathon Management Partners, NewView Capital, Proximity Angels

Previous Rounds

2021-11-17 / CloudWalk / Series C / USD 150,000,000

Lead Investors: Coatue / Investors: A-Star, Coatue, DST Global, Gokul Rajaram, HIVE Ventures, Kelvin Beachum Jr., Larry Fitzgerald, Plug and Play, Valor Capital Group

2021-05-11 / CloudWalk / Series B / USD 190,000,000

Lead Investors: Coatue / Investors: Coatue, DST Global, FIS, Plug and Play, The Hive, Valor Capital Group

2020-11-19 / CloudWalk / Convertible Note

Lead Investors: Plug and Play

2018-11-26 / CloudWalk / Venture – Series Unknown / USD 4,999,999

Lead Investors: Everson Lopes

2014-06-13 / CloudWalk / Seed

Lead Investors: Plug and Play


2025-11-06 / Cyan Agroanalytics / Pre-Seed / USD 373,825

Cyan Agroanalytics is a weather monitoring and forecasting platform.

Lead Investors: Cordoba Industrial

Previous Rounds

2022-01-07 / Cyan Agroanalytics / Seed / USD 88,719

Lead Investors: NEXT

2020-07-20 / Cyan Agroanalytics / Pre-Seed / USD 112,583

Lead Investors: N/A


2025-11-05 / Rastro Neural / Funding Round / USD 466,392

Rastro Neural is a brand monitoring platform that makes AI-driven search engine optimization (AIO) more effective.

Lead Investors: N/A


2025-11-03 / Mastery B2B Tech / Pre-Seed / USD 65,032

Mastery B2B Tech focuses on simplifying Brazil’s complex tax system to accelerate B2B digital transformation.

Lead Investors: Bossa Invest


2025-11-03 / Renault Brasil / Secondary Market

Renault is a multinational automobile manufacturer that produces & sells a range of cars and vans,

Lead Investors: Geely Automobile Holdings Limited


2025-11-01 / Neo.page / Seed / USD 251,156

SaaS, neo.page is a website builder with artificial intelligence.

Lead Investors: N/A

Generated on 2026-03-28 19:22:49

 

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *