Tech Report - June 2026
Executive Summary
We're pleased to present the June 2026 edition of Olimpia Partners’ Monthly Tech Report, offering a comprehensive analysis of Brazil’s tech landscape, publicly traded tech company performance, and global software industry trends.
Market Overview
June 2026 presented a predominantly negative performance across Brazil’s technology sectors:
E-Commerce: The sector faced a challenging June, declining 23.2%, in line with its 60.5% decrease over the past 12 months.
Hardware: The sector edged up 0.3% in June and is up 0.9% over the past 12 months.
Software: The sector contracted 6.3% in June, extending a 41.5% decline over the last 12 months.
In line with these sector-specific challenges, the IBOV Index declined 1.0% in June, while still reflecting a 23.3% increase over the past 12 months.
M&A and Fundraising Activity
June 2026 was marked by several notable transactions across various tech sectors:
Notable Fundraising Round:
· Uncover : The AI-powered marketing mix modeling (MMM) platform that measures and optimizes the return of media investments raised R$80 million in a Series A round led by Cloud9 Capital, with participation from ABSeed Ventures and Endeavor Catalyst. The proceeds will primarily fund the company’s international expansion, focused on entering the US market.
Salú Acquisition by Senior Sistemas:
· Senior Sistemas entered into an agreement to acquire 100% of Salú, a Brazilian HRtech specializing in occupational health and safety (SST) management, for R$319 million, the largest acquisition in Senior’s history.
· The acquisition strengthens Senior’s Human Capital Management (HCM) ecosystem, adding approximately 460 thousand covered lives to its platform, and remains subject to approval by Brazil’s antitrust authority (CADE).
Other Transactions:
· Asaas acquired Helena, a conversational CRM platform integrated with WhatsApp, for R$150 million.
· Vixtra raised R$50 million in a round led by Valor Capital Group, with participation from Headline, NXTP, Actyus, BluStone, SIMMA, and angel investors.
· Trace Finance raised US$32 million in a round led by CoinFund, with participation from Haun Ventures, Coinbase Ventures, Jump, Valor Capital Group, Paxos, HOF Capital, and other investors.
· Telepatia AI raised US$33 million in a Series A round led by a16z, with participation from A*, Canary, Picus Capital, Abstract, and SV Angel
Stay Connected: We invite you to explore these insights and other technology market trends in our latest report. We value your feedback.
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