INFOGRAPHIC: LatAm's Top Weekly Startup Funding — Week 17
These are the funding deals we tracked in the LatAm region this week – including Vixtra, BrandLovrs, Data4Sales, OnePay, and Ecotrace.
- Vixtra raises $40.6M to accelerate credit grants to importers in Brazil
- BrandLovrs raises $6.6M to enhance its algorithm and develop new financial services
- Data4Sales secures $2.3M to strengthen its presence in Latin America
- Colombian Fintech OnePay secures $1.3M to enhance its payment integration platform on WhatsApp
- Agritech Ecotrace raises $387.8K for the development of new technologies
Vixtra Raises $40.6M to Accelerate Credit Grants to Importers in Brazil
- Vixtra, a Brazilian fintech specializing in financial solutions for importers, has raised $34.8M in the Vixtra FIDC (Credit Rights Investment Fund) with investors Capitânia, Verde, Credit Saison, and Tell me.
- The company also secured an additional investment fund of $5.8M in a new pre-Series A round led by Valor Capital. Other participating investors include QED Investors, NXTP, Endeavor Scale-Up Ventures, and Actyus.
- Founded in July 2021 by Caio Gelfi, Guilherme Rosenthal, and Leonardo Baltieri, Vixtra is a foreign trade fintech that works as a payment method between importers and exporters, allowing international suppliers to offer extended payment terms and importers to pay their purchases over time.
- The funding will be used to enhance its growth and accelerate its credit grants to importers in Brazil.
