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Banco do Brasil

Setor de Autarquias Norte Quadra 5 Lote B Edifício Banco do Brasil, Brasília, DF, 70040-912, Brazil

Overview

Brazil's federally controlled Banco do Brasil (BB), Latin America's largest bank in terms of assets, provides a wide range of retail (individual customers and SMEs), wholesale (medium and large businesses and corporations), and government banking services and products. Its financial products and services include deposits, saving accounts, credit cards, asset management, loans (consumer, commercial and agribusiness loans), foreign exchange, and e-banking services. Apart from offering traditional retail banking services, BB and its 17 subsidiaries sell health, life and property insurance, underwrite and sell bonds, conduct asset trading, offer investors portfolio management services, conduct financial securities advising, and provide markets analysis and research.

Total investments
5
Lead investments
3
Investments · 12mo
2
Active investors
8

Sector focus

  • Banking
  • Finance
  • Financial Services
  • Retail
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Investment portfolio

  • Eve Air Mobility

    Participated · Debt Financing · Jan 2026

    Eve Air Mobility is building a fully electric vertical take-off and landing (eVTOL) aircraft alongside the software, services, and infrastructure required to operate an urban air mobility network. The company recently achieved the first hover flight of its full-scale engineering prototype at Embraer’s test facility in Brazil, validating fly-by-wire controls and energy-management systems. This milestone kicks off a comprehensive test campaign scheduled through 2026 as Eve works toward aircraft certification and commercial launch. Proceeds from its latest financing will fund further R&D, certification activities, and the scaling of partnerships with infrastructure providers and regulators. Management positions the platform to address global demand for sustainable, low-emission urban transport. Including the new financing, Eve’s cumulative capital base has reached $1.2 billion, placing it among the best-capitalized players in the emerging eVTOL sector.

  • Pagaleve

    Participated · Series A · Oct 2025

    Founded in 2021, Pagaleve offers buy-now-pay-later services aimed at the large share of Brazilians who either lack credit cards or face low card limits. Its flagship product is an interest-free pay-in-four option integrated through retailers’ checkouts, complemented by monthly plans of up to 12 installments and a “Pay Anywhere” feature that lets users split any Pix payment even at non-partner merchants. The platform is connected to more than 10,000 retailers—including AliExpress, Temu, Shein, Soma Group brands, and Vivara—and serves over 5 million consumers. Over the last 12 months the company processed about 10 million transactions, reaching an annualized total payment volume (TPV) of USD 570 million, four times the prior year, while revenue grew sixfold. Management projects annualized revenue of roughly USD 100 million by the second half of 2026 and reports a positive EBITDA starting in 2025. Pagaleve’s AI-driven risk engine maintains a 70 % approval rate and only 2 % delinquency, with a KS coefficient of 45 % for new users. Repeat customers generate 75 % of revenue, with 62 % of first-time buyers returning for a second purchase.

  • IDGeo - Inteligência Agrícola

    Led · Seed · Aug 2024

    IDGeo uses orbital radar and satellite sensors plus proprietary artificial intelligence algorithms to produce continuous, cloud-penetrating imagery and field analysis for agricultural decision-making. The company combines business intelligence, intelligent spatial analysis, geostatistics, big data and geoprocessing to detect specific field problems and guide management. Its client roster includes Ipiranga Agroindustrial, Acelen Renováveis, NTT Data and Bracell, and it runs international projects with FGV in Côte d'Ivoire and Nigeria focused on regenerative and family agriculture. Founded in 2016 in Piracicaba (SP), IDGeo is positioning its technologies for broader commercial adoption. With the new funding it plans commercial expansion, development of products to recover degraded pastures (improving soil quality and carbon sequestration), and acceleration of its AI technologies currently being tested in Canada through partnerships with AMII and Olds College.

  • Traive

    Led · Equity · Feb 2024

    Traive builds a platform that concentrates the agricultural credit process and the sale of receivables in a single place, powered by proprietary AI trained on over 2,500 data points. The technology examines extensive datasets to provide updated and precise information for credit assessment. The company positions itself as a solution to improve evaluation of credit risk across the agribusiness chain. Traive works with market leaders and corporate investors to accelerate adoption within the agriculture ecosystem. Management emphasizes partnerships with industry leaders to increase availability of financing and to promote environmental practices. Traive was founded in 2018. Traive operates a B2B2C ag fintech platform that centralizes the steps of a farmer's credit journey, enabling lenders to receive applications, collect documents, analyze risk, approve loans, and process payments online. The company uses algorithms and expanded data collection to deliver real-time risk assessment and improve lender decisioning. Traive’s direct customers are lenders and ag supply-chain businesses, with farmers served indirectly; the platform targets small- to medium-sized farmers who lack access to traditional bank financing. Founded in 2018 out of an MIT research project, Traive is currently based in the US and Brazil and primarily serves Brazilian farmers. The company plans to build more products, hire additional data scientists, enable broader data collection, develop a digital wallet, and ultimately become a digital bank pending regulatory approval from the Brazilian central bank. Traive also intends to extend its product to reach farmers directly and plans expansion into the US next year. Traive offers a range of financial products and services for the agricultural supply chain in Brazil and the US, built around proprietary technologies and unique models for risk analysis and diversification. The company generates real-time risk assessments using algorithms and proprietary data to help ag retailers, input companies, and other supply-chain businesses provide working capital loans to farmers. Traive operates on a B2B model (B2B2C potential) to leverage lenders' historical data and lower client-acquisition costs. Its platform layers credit application, management, documentation, and alerting on top of the core risk-assessment model. Launched in 2018 and spun out of MIT, Traive targets medium-size producers underserved by regular financial players. The company plans to use the new funding to build its team, expand its product lineup, and acquire data to improve its credit-risk models.

  • iRancho

    Led · Equity · Sep 2023

    iRancho builds a data-driven platform for livestock management that collects and analyzes animal traceability and pen management data. Its tools give ranchers more precise control over animals, helping increase productivity and reduce costs. The platform is used in more than 3,500 rural properties in Brazil and other countries. Founded in 2016, the company focuses on modernizing ranch operations and supporting sustainable livestock management. The recent investment from Banco do Brasil is positioned to accelerate adoption and promote sustainable, ESG-aligned practices across the agri-food chain. No revenue or other financial operating metrics were disclosed in the article.

Team

  • Fausto De Andrade Ribeiro

    CEO

    LinkedIn
  • Aldemir Bendine

    Chief Executive Officer, President

  • John VI

    Founder

  • Paulo Roberto Lopes Ricci

    Vice-President of Retail