Deals ▸ Brazilian reforestation startup Mombak raised ~USD18m from Santander and BNDES, marking the first investment from Brazil’s New Climate Fund. Mombak restores degraded Amazon land to generate carbon credits, with buyers including Microsoft and Google. ▸ Valor Capital Group led a ~USD14m round for Principia, a Brazilian financial and ERP solutions platform for educational institutions, with participation from ARC Capital, Supera, Spectra, FJ Labs, Actyus, AXA and Crestone. Valor Capital Group led a ~USD10m round in August 2023. ▸ AGTECH | Japan International Cooperation Agency (JICA) invested in Agrolend, a Brazilian unsecured credit platform for small crop farmers. Creation Investments and Syngenta Group Ventures led a USD53m Series C in October 2024; Valor Capital Group led a USD14m Series A in January 2022. ▸ HEALTHTECH | Cloud9 Capital led a ~USD8.8m Series A for Next Fit, a Brazilian fitness and sports management startup, with follow-on from Parceiro Ventures. ▸ COSTA RICA | Hawthorne Food Ventures led a USD3.5m seed round for ClearLeaf, a Costa Rican non-toxic agricultural products startup. ▸ CLEANTECH | Circular Brain, a Brazilian electronic waste management startup, raised ~USD3.5m from Lorene Urban Mining, a Brazil-based metal recycling company. ▸ Family Office led a ~USD3.2m round for Sellera.AI, a Brazilian sales management platform. ▸ SP Ventures led a USD2.6m round for Blooms, a Mexico-based financial solutions platform for fruit and vegetable exporters. ▸ BIOTECH | CALICE, an Argentine agricultural biotechnology company, raised a USD2.5m round from Astanor, Xperiment Ventures, AIR Capital, Innventure and GrainCorp Ventures, with follow-on from Draper Cygnus. Draper Cygnus led a USD1.5m seed round in February. ▸ Manutara Ventures and H&M led a USD2.1m round for Vestua, a Chilean clothing resale marketplace. H&M invested in July 2022. ▸ big bets and Fluent Ventures led a ~USD2.1m round for Avenia (formerly BRLA), a cross-border crypto payments platform, with participation from Grão VC. ▸ Hi Ventures led a USD2m seed round for Melian (fka Sirvana), an Argentine AI-first shopping discovery platform. Melian had previously raised USD615k from Newtopia VC and Broom Ventures, and angels Borja Matel (Lemon Cash), Diego Pando (Brubank) and Sullyen Almeida (monashees). ▸ Amador and Salkantay Ventures led a USD1.7m round for Finnecto, a Mexico-based company payments management platform, with participation from BuenTrip Ventures, Hustle Fund, Kfund, The Pitch Show, adn.vc and Punto Cero Ventures. ▸ Poliglota, a Chilean language teaching platform, raised USD1.5m via crowdfunding. ▸ Kortex Ventures led a USD1.5m round for Huna, a Brazilian cancer screening startup, with participation from big bets, Niu Ventures, New Ventures Capital and undisclosed angels. ▸ Equity Group invested ~USD1m in Selfless.chat, a Brazilian automated customer service platform. ▸ Estratz, a Brazilian software solutions startup, raised a ~USD350k round from João Landau, João Eduardo Lopes, Luiz Guilherme Gama (Vista Capital) and undisclosed angels. ▸ Obra Vista, a Brazilian construction technology company, raised ~USD180k from undisclosed investors. ▸ HEALTHTECH | Wayra invested in Omni Saúde, a Brazilian pharmacy voucher management platform. Green Rock led a ~USD2m round in May 2024; Brazilian investor VEC led ~USD1m seed round in June 2023. Co-founder Fernando Domingues also founded Conexa Saúde, a telemedicine company, and Cannect, a medical cannabis ecosystem. ▸ HEALTHTECH | Impact Ventures PSM Seed invested in Preventix, a Mexico-based cervical cancer screening technology startup. ▸ Ganas Ventures invested in Vitrinnea, an El Salvador-based e-commerce marketplace for secondhand goods. Atta Impact Capital invested in August 2024; Caricaco invested in March 2023. ▸ Astella Investimentos and YC led an undisclosed round for Estoca, a Brazil-based e-commerce logistics platform. ▸ Gulf Capital led an undisclosed round for FindUP, a Brazilian IT maintenance and support marketplace for corporate offices and retail spaces. | 