INFOGRAPHIC: LatAm's Top Weekly Startup Funding

It was a relatively quiet week for startup funding in Latin America, but a few key rounds took place across sectors like solar energy, insurance, and agriculture technology. These investments highlight continued investor confidence in climate tech, fintech, and AI-driven solutions.

In the lead of this week's funding is Solfácil, a Brazilian solar energy financing platform, which raised $175 million to fund solar projects across the country. The startup has now secured over $877 million via capital markets since 2021 and plans to expand financing through green bonds to accelerate Brazil’s energy transition.

In the insurtech space, Brazilian life insurance company Azos raised $29.8 million in a Series B round led by Lightrock, with participation from Kaszek Ventures, Prosus, Munich Re Ventures, and Maya Capital. The company, which has grown rapidly by offering affordable, technology-driven life insurance, plans to use the funds to scale nationally, develop new products, and enhance its proprietary platform.

Another notable round came from Advolve.ai, a marketing automation startup, that raised $5 million in a seed round led by Canary, with participation from Valor Capital and Prosus Ventures. The company uses AI and machine learning to automate digital marketing, from content creation to audience targeting. Advolve.ai plans to expand internationally, grow its team, and enhance its technology, targeting markets in the U.S. and Europe while serving high-revenue clients like iFood and Cogna Educação.

Meanwhile, Argentine agtech startup Calice secured $1.5 million in a seed round, led by Draper Cygnus, with participation from Xperiment Ventures, Air Capital, Innventure, and GrainCorp Ventures. The company specializes in AI-powered virtual field trials, reducing the time and cost of agricultural product development by replacing physical crop testing with predictive simulations. Calice plans to expand in Argentina, Brazil, and the U.S., and aims to close $800,000 in contracts this year through a subscription model.

While this week’s startup funding was modest, the rounds reflect ongoing investment in transformative sectors like renewable energy, fintech-driven insurance, and AI-powered agriculture, signalling strong momentum in Latin America’s innovation landscape.