Weekly Funding Roundup for Top Startups in LATAM - Week 32, 2025 (Infographic)
Brazil's startup ecosystem is buzzing with activity in 2025, as significant investments flow into the fintech, climate tech, sports tech, and legal tech sectors. Despite a relative decline in Brazil's overall venture capital compared to Mexico, these sectors continue to attract strong investor interest and sizable funding rounds.
In the leading sector, fintech, Brazilian startups like Stone and IORQ are making headlines. Stone, a fintech focused on expanding credit access in underserved regions such as the Legal Amazon, raised around $50-54 million, with a large portion of the funds dedicated to supporting customised lending solutions, particularly for women-led businesses. IORQ, founded by iFood founder Patrick Sigrist, secured about $6.4 to $6.5 million to expand its AI-powered smart credit platform.
IORQ, with R$2.5 billion ($461.5 million) in assets under management, plans to use the raised funds to expand its tech stack and scale operations. Other fintechs like BlindPay, Juvo, and QI Tech also raised multi-million-dollar rounds. Innovations in fintech include embedded finance and microcredit, showing healthy funding momentum.
Climate tech investments are also on the rise, with startups like Radix Florestal receiving about $1.85 million from Ecosia to advance Amazon reforestation using drone and satellite technologies. Radix Florestal, which directs part of its funding to local communities, has already restored 150 hectares in the Amazon and aims to plant 2,000 more by 2030.
Sports tech is also emerging, with FanBase, a digital infrastructure startup for sports clubs and leagues, raising roughly $920,000 in funding. FanBase serves clients such as Vasco, Bahia, and Atlético Nacional (Colombia), and offers products like Fan ID and FanApp to help teams manage fan engagement.
In legal tech, investment is integrated within fintech’s focus on credit solutions, with startups enhancing intelligent lending models and fintech credit access for small and micro enterprises in regional Brazil. One such startup, Leggal, aims to normalise legal care in Brazil's benefits space and expand preventive legal access to broader social classes. Leggal uses AI and a network of lawyers to make legal assistance more accessible.
While Brazil’s startups raised approximately $350 million in Q2 2025, a decline compared to previous quarters and surpassed by Mexico’s $437 million, the country remains a pivotal Latin American market with dynamic startup ecosystems in these sectors. Brazil's favorable economic conditions, including GDP growth near 2.5%, government-backed infrastructure improvements, and leadership in renewable energy, indirectly support these startup investments.
In summary, fintech dominates investment flows by volume and frequency, while climate, sports, and legal tech sectors display promising niche growth, supported by innovative business models targeting local and regional challenges in Brazil. These sectors not only demonstrate the vibrancy of Brazil's startup scene but also its potential to address pressing social, environmental, and economic issues.
- In the realm of fashion and beauty, investments may find potential in startup innovations that cater to environmental-science, focusing on sustainable materials and practices.
- Meanwhile, the technology sector extends its reach to various aspects of daily lifestyle, with innovations in wearable devices promising seamless integration of tech into our everyday lives.
- As the world grapples with climate-change, the fashion-and-beauty industry could also benefit from adopting technology solutions that convert waste into valuable resources, promoting a circular economy.
- Investors looking beyond traditional markets could consider the prospect of investing in Brazil's thriving startup ecosystem, not only for financial gain but also for its ability to contribute positively to the environmental-science, social, and economic landscape of the country.
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