DECISIVE
INVESTMENTS
11 COMPANIES
3 Verticals of action
Eureciclo
Good Money
Letrus
Occamzrazor
Provi
Worc
Favo
Labi
Neomed
Pachama
Slang
*disclaimer: the numbers and metrics presented are merely KPIs. We want to emphasize that all investments have extensive in-depth long-term impacts, based on scientific research that we evaluate and all KPIs are accumulated since the founding of the companies
Planet Prosperity
HQ São Paulo, Brazil
EURECICLO
Inv vehicle: Legacy
Founded: 2016
Deplastify the planet.
FIXING IT
Our planet is bracing for a plastic armageddon, suffocated by waste and inertia. Governments are lagging, and the recycling sector in the global south is feeling the pressure; recyclers, small aggregators, waste pickers have little support or incentives to step up their game, build much-need infrastructure and, as a result, increase recycling rates.
22%
of all material produced by companies must be recycled
3%
of the waste is effectively recycled
$2.8B
is lost every year by materials that are not recycled
150M
tons of waste produced in Brazil
HOW IT WORKS
Eureciclo, aka New Hope Ecotech, is the largest marketplace and clearinghouse for recycling credits exchange in LatAm. The company is building a massive blockchain to trace, recycle and offset post-consumption waste, tackling the urban pollution epidemic hammering the region, generating dignifying jobs and steady revenue streams for recyclers.
“Make the world more sustainable through recycling.”
– Thiago Carvalho Pinto
5.926
Companies offsetting packages footprint through Eureciclo’s marketplace
362.850
_gif.gif)
Tons of recycled material traced
$6M
​Steered into low-income families and recycling co-ops
We believe that waste is a design mistake.
"
We are helping to change the way we package goods and products
Thiago Pinto
Thiago Carvalho Pinto
Social Resilience
HQ São Paulo, Brazil
FAVO
Founded: 2019
Democratizing e-commerce by empowering families becoming self-made entrepreneurs.
Inv vehicle: Impact Tech I
FIXING IT
Inexistent e-commerce penetration and record high unemployment in Latin America. Access to the convenience of online shopping is still for a few in Latin America.
14M
Unemployed Brazilians
3%
E-commerce penetration in LATAM
+100M
People looking for extra-income in Latin America
$500
Of average income in the country
HOW IT WORKS
Favo is an online shopping community that connects people and opportunities. It uses the Community Group Buying model, which allows local distribution of products and services, reducing costs and empowering the residents of neighborhoods/cities with little access, becoming a kind of local seller that offers a portfolio of products and services to their neighbors, who then receive such purchases at home the next day or have the option of picking them up at the home of the entrepreneur/community leader.
Favo operates with its own distribution centers and SKU management and activates a network of entrepreneurs, who set up their online stores with Favo's support and activate their networks to make online sales.
“We work everyday to increase the e-commerce penetration in LatAm by considering everybody wants to access the benefits of the internet, not only the privileged ones.”
- Alejandro Ponce
We have a lot of dreams and now we know we can make them come true because of Favo.
15.000
jobs created for new entrepreneurs
75%
Jobs created for women
40
Cities attended
Alejandro Ponces & Marina Proença
"
Two main things greatly motivate me to build Favo. First, this outward purpose,
which is to generate income and democratize e-commerce in a different way.
This purpose of generating income is a great motivator, not only for me, but for everyone there. But, parallel to all this, another thing that moves me is having had the opportunity to create a culture within Favo that I believe in, where people can get to their jobs by being themselves, not having to pretend to be something they are not.”
Marina Proença
Planet Prosperity
GOOD MONEY
Founded: 2016
HQ San Francisco, CA
Grow wealth
do good.
Inv vehicle: Legacy
FIXING IT
Big banks' transgressions and high fees are angering consumers. Notwithstanding, since the Paris Pact, $700Bi were provided to fossil fuel companies, being the big 4 banks the top financiers.
$30B
A year in monthly services charges, overdraft penalities and ATM fees
$700B
in financial loans were provided
to fossil fuel companies
HOW IT WORKS
Good Money is a consumer fintech startup launching a revolutionary rewards debit card that makes it easy for customers to automatically earn stock rewards on purchases while protecting the planet.
Good Money has partnered with Rainforest Trust to protect approximately 3,600 trees (about 175,000 square feet or 3 football fields) of indigenous Amazonian rainforest on behalf of each Good Money member.
We believe the future of businesses is taking bold stands on the great challenges of our time, which is why we are co-launching “Amazon Uprising” to pressure the top banks to stop pumping tens-of-billions in funding into the five companies that drive 80% of Amazon destruction.
- Gunnar Lovelace
"
In the face of our environmental emergency, our politicians are failing us.
But the most powerful force we have to change the minds of our leaders and banks,
is to vote with our money and our purchases, together. That’s why we started Good Money
Gunnar Lovelace
Social Resilience
LABI
HQ São Paulo, Brazil
Inv vehicle: Impact Tech I
Founded: 2018
Deliver reliable and fair-priced health exams
to uninsured populations.
FIXING IT
160 million Brazilians without health insurance only get tested when they are already sick, suffering complications that could be avoided or mitigated with preventive medicine. In Brazil, it is estimated that there are 7M undiagnosed diabetics.
160M
Brazilians without health insurance
7M
Undiagnosed diabetics
HOW IT WORKS
Labi Exames is a clinical analysis testing laboratory focused on offering convenience and the best prices in the market. They want to expand access to quality diagnostics by creating a smart way to run tests. That is why they specialize in lab tests and reduce all the bureaucracy to offer you quality exams at fair prices.
"We aim to help fighting the impact of silent diseases such as diabetes that are not detected because of expensive lab testing."
- Marcelo Noll Barboza
+1.9M
Exams
+24.000
Check-ups
30-40%
+26.000
Vaccines
Of price below market
73%
Of clients do not have
health insurance
Our biggest motivation
is to offer affordable and convenient laboratory testing
to 160 million Brazilians
without health insurance
"
Marcelo Noll Barboza
Octavio Fernandes & Marcelo Noll Barboza
Social Resilience
LETRUS
HQ São Paulo, Brazil
Inv vehicle: Impact Tech I
Founded: 2014
Artificial intelligence that humanizes and gives new meaning to writing.
FIXING IT
The Brazilian educational system is unable to literate most of its students. 50M of Brazilian adults cannot read a simple book.
50M
Brazilian adults cannot read a simple book
50%
Of students who enroll in higher educational courses do not finish the course
HOW IT WORKS
Letrus is a school program focused on the evolution of the students' writing skills. Through Letrus linguistic intelligence, textual patterns are identified and diagnostic analyses far beyond skills and spelling reveal great learning opportunities.
Immediate feedback and reports, real-time follow-up of the texts being produced, rewriting guided by linguistic intelligence, among other experiences, generating an unprecedented engagement by the students.
221.286
Students were impacted by Letrus platform
50%
Of students are from public schools
725
Schools
613.235
Essays corrected by Letrus technology
8.273
Teachers using the platform
It is a structural problem with brutal socio-economic impact. It is hard to imagine a just society in which people cannot master their language.
"
Thiago Rached
Luiz Junqueira & Thiago Rached
Social Resilience
NEOMED
HQ São Paulo, Brazil
Inv vehicle: Impact Tech I
Founded: 2016
Reduce the distance between symptoms and treatment.
FIXING IT
Lack of qualified medical labor outside the country's large commercial centers.
15.000
Cardiologists
1/14.000
Cardiologists per brazilian habitant
7-14 days
350.000
For medical report delivery
Deaths per year from cardiovascular diseases in Brazil
HOW IT WORKS
Neomed is a Healthtech company with a mission to close the gap between symptoms and treatment. Neomed's proprietary platform, Octopus, connects specialist doctors with clinics and hospitals all over Brazil. Highly trained doctors analyze exams and return a medical report within 24 hours, speeding up the diagnostic process, while reducing at least 60% of the costs for clinics and hospitals as well as guaranteeing access to a quality diagnostic for patients.
It has also expanded into two new business fronts, developing solutions to aid in the monitoring and treatment of chronic (hypertensive) patients, as well as to use AI to identify cardiovascular emergencies and offer urgent treatment for
acute patients.
+800.000
Exams reported
600.000
Lives impacted, of which
69
Years of life saved
9.000
in critical condition
"
We want to be the best digital platform to reduce mortality caused by cardiovascular diseases in the world
- a market estimated to be worth more than R$56 billion in Brazil alone
Gustavo Kuster
Bruno Farias, Gustavo Kuster, Luigi Pizzichemi & Izabelle Ferreira
Emerging Technologies
OCCAMZRAZOR
HQ San Francisco, CA
Inv vehicle: Legacy
Founded: 2015
Understanding disease in the digital age.
FIXING IT
The biopharma industry struggles with neurodegenerative diseases. Parkinson's disease is the second most common age-related neurodegenerative disorder, after Alzheimer's. An estimated 10 million people worldwide have Parkinson's disease.
10M
People worldwide have Parkinson disease
$800B
Is the cost of neurological diseases per year
HOW IT WORKS
Innovative drug discovery using digital science to map out, fully understand, and finally cure brain aging, starting with Parkinson’s disease.
OccamzRazor is a digital biotech company that focuses on the discovery and development of modality agnostic treatments for complex diseases of brain aging. Founded by life scientists, OccamzRazor strives to supercharge human scientific reasoning through machine learning. Their integration of various machine learning techniques, such as natural language processing and graph representation learning allow them to process an unprecedented amount of high-quality data and combine it into a multidimensional knowledge map.
Our key to success: a vast diversity of data brought together in one unified platform and cutting edge machine learning.
Going through the ups and downs that every startup has, I always remind myself that there's no way in this world I would ever consider giving up. And if you have this mindset, you will find a solution.
"
But actually, I felt deeply responsible for finding a way to get curative treatments for this disease, because I knew I could do something about it.
Katharina Sophia Volz
Katharina Sophia Volz
Planet Prosperity
HQ San Francisco, CA
PACHAMA
Founded: 2018
Restoring nature to solve climate change.
Inv vehicle: Impact Tech I
FIXING IT
Climate change was elected one of the greatest risks for humanity and deforestation is one of the biggest contributing factors.
CO2 levels
In the air are the highest in 650.000 years
+1.18 celsius
HOW IT WORKS
Pachama is a marketplace for tech-verified carbon offsets. It is leveraging data, artificial intelligence, and automation to protect ecosystems, restore forests, and improve carbon markets.
Pachama is building the marketplace for forest carbon credits to standardize verification, efficiently connecting supply and demand. They combine satellite imagery and deep learning to provide automated and trustworthy monitoring without large upfront costs to landowners. This lowers the barriers to new forest offsets while providing a higher- fidelity product for offsetters.
Since 1880
+3.4 mm
Rise in sea levels per year
20M
Of acres of forest are being lost per year to fires and ranches
2.6 milion football fields
Worth of forests already protected
38
Partner projects
+1.9M
Hectares of protected forests
14
Countries served
Climate change and environmental crisis was my biggest concern.
"
I learned the potential that reforestation and forest conservation has to capture carbon at scale in the planet and it is one of the most important solutions to climate change that nobody was talking about at the time.
Diego Saez Gil
Tomas Aftalion & Diego Saez Gil
Social Resilience
HQ São Paulo, Brazil
PROVI
Founded: 2018
Transformative
credit with
technology.
Inv vehicle: Impact Tech I
FIXING IT
Upskilling courses prices are a significant problem for Brazilians. Traditional financing is also not helpful since educational loans are treated the same way as a Eurotrip loan.
52%
Of brazilian companies are concerned about a lack of qualified professionals
20%
On average, 20% of sales are lost at checkout due to lack of payment options or credit card refusal
13.4mm
People unemployed, but at the same time it has over 500k digital skills job positions open
Top 3
Difficulty with monthly payments and the pursuit of financial independence are on the top 3 causes of education dropout
HOW IT WORKS
Provi is a fintech that grants credit directed toward education, especially for technology and medical courses.
Provi is not only providing loans for short-term empowering professional courses such as coding, but also all the back-office Saas for thousands of schools in Brazil.
$120M
GMV
420
Partner schools
+140.000
Students enrolled
+8.000
Courses available in the platform
80%
Of the students would not have been able to access the credit if it were not for Provi
In less than 180 days...
22%
Increase
in salary
+50%
Of those who were previously unemployed were able to find a job
"
At the end of the day,
what we want is to promote access to education, and not just finance courses for the student.
Fernando Franco
Mario Perino & Fernando Franco
Social Resilience
SLANG
HQ Boston, MA
Inv vehicle: Impact Tech I
Founded: 2013
Unlocking human potential with professional English.
FIXING IT
Today’s knowledge is increasingly encoded in industry-specific English. Just as an example in Latin America, only 5% of the Brazilian population has some degree of proficiency in English, while only 1% would have professional-fluency.
5%
Of brazilian population has some degree of proficiency in english
1%
Have
professional-fluency
20% - 50%
Speaking english may increase earnings from 20% to more than 50%
HOW IT WORKS
Slang is a digital workforce development platform that’s revolutionizing English language learning. The platform features the largest offering of professional English courses in the world, with more than 100 courses in highly specialized areas — from Manufacturing to Psychology. Slang’s library allows companies and universities to bring their teams beyond basic English by creating hyper-personalized career paths — right down to the job title or major — regardless of area, industry, or role.
To date, 6.6 billion non-English speakers worldwide have limited access to technical know-how and new developments in their fields, given that over 90% of technical and scientific literature is published only in English.
Our mission is to eradicate professional illiteracy and enable access to learning and opportunity.
- Diego Villegas
+24M
Concepts learned
553.319
Finished courses
+51.000
Students
"
I directly dealt with the consequences of the lack of professional English in my 5000-person workforce at my previous startup in Latam. I was one of them, one of the worst ones! ... and that is the reality of our education in Latam, I want to change that.
Diego Villegas
Kamran Khan & Diego Villegas
Social Resilience
WORC
HQ São Paulo, Brazil
Inv vehicle: Impact Tech I
Founded: 2019
The future of Work is Worc.
FIXING IT
SMB business' that rely on human capital strive to succeed and low-income underserved people have poor access to opportunities.
1M
Bankruptcies in the food service industry due to high payrolls in Brazil
33%
Turnover per year
HOW IT WORKS
WORC is a tech-driven startup initially offering solutions related to the future of work, focusing on employability, management, and the development of people for the initial niche market in the food service industry. They help clients recruit, manage, and pay their employees in an easier and more assertive way, optimizing and better allocating their resources.
4 weeks
To find the right candidate
75.130
Generated opportunities
133.073
Candidates
$1.6M
GMV
612.000
Tests performed
Alex Apter & João Pedro De Simone
"
We created Worc to impact and generate opportunities in the lives of those who really need it.
We want to Generate 1 billion job opportunities for the underserved people around the world until 2026
João Pedro De Simone
Reference Sources
EURECICLO
LETRUS
IBOPE
PACHAMA
FAVO
NEOMED
PROVI
GOOD MONEY
SLANG
OCCAMZRAZOR
WORC
IBGE
LABI