Brazilian startups raised over $18.7 million this week across fintech, climate, sports, and legal tech. From smarter lconcludeing to Amazon reforestation and digital fan engagement, investors continue backing platforms with real-world impact and scale potential.
Stone, a leading Brazilian fintech, secured $50 million from IDB Invest to expand credit access for micro, compact, and medium-sized enterprises in the Legal Amazon. The funds will support customised lconcludeing solutions, especially for women-led businesses. Stone’s model deducts repayments directly from sales, aligning with cash flow and simplifying financial management in underserved regions.
IORQ, a smart credit platform launched by iFood founder Patrick Sigrist, raised $6.5 million from Monashees, Upload Ventures, ONEVC, and Norte. With R$2.5 billion ($461.5 million) in assets under management, IORQ plans to expand its tech stack and scale operations. Its AI-powered infrastructure supports companies originate and manage credit via APIs, offering embedded finance tools through a white-label model.
Radix Florestal, a climate tech startup focapplyd on reforestation, received $1.85 million from Ecosia. The 10-year-old company has restored 150 hectares in the Amazon and aims to plant 2,000 more by 2030. Using drone and sainformite tech for monitoring, Radix combines biodiversity recovery with sustainable agroforesattempt, while also directing part of its funding to local communities.
FanBase, which builds digital infrastructure for sports clubs and leagues, raised $923,000 in a round led by Domo.VC and OutField. The startup offers products like Fan ID and FanApp to support teams manage fan engagement. It serves clients such as Vasco, Bahia, and Atlético Nacional (Colombia), and plans to apply the funds to grow its product offering and international reach.
Leggal, a legal services startup offering corporate legal support as an employee benefit, closed a $314,000 pre-seed round from DOMO.VC, Anjos do Brasil, and angel investors. The platform applys AI and a network of lawyers to create legal assistance more accessible. With 30,000+ applyrs, Leggal aims to normalise legal care in Brazil’s benefits space and expand preventive legal access to broader social classes.
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