Positive Ventures
Rua Gumercindo Saraiva, 54, São Paulo, 01449-070, Brazil
Overview
Positive Ventures is an entrepreneurs-run B-Certified VC based in São Paulo and SFO backing founders building breakthrough technologies to solve pressing social and environmental challenges, global south first.
- Total investments
- 10
- Lead investments
- 1
- Investments · 12mo
- 4
- Active investors
- 8
Sector focus
- Impact Investing
- Social Entrepreneurship
- Social Impact
- Venture Capital
Investment portfolio
- Nomo
Participated · Equity · Jun 2026
Founded by economist Leonardo Bursztyn and launched in 2024, Nomo offers a gamified mobile platform that encourages reduced social-media use through collective incentives, competitions, and individual rewards. The app emphasizes social approaches rather than blocking, featuring mechanics like the popular "soquinho" that temporarily locks social apps and awards points; in the first two schools in Rio de Janeiro the feature registered 40,000 soquinhos in a week. Nomo has users in more than 50 countries and has grown largely via institutional partnerships, including a Rio de Janeiro municipal program set to expand to about 500 schools by August and a U.K. program expanding to 52 schools. Early adoption metrics include 88% voluntary participation among students in the first week of the Rio deployments. The startup is testing additional markets in the U.S. and U.K. and is developing a program for older adults in the U.S. in partnership with a wearable health device maker. The company's funding and partnerships include academic- and medical-linked investors, which the founder cites as validation for its mental-health thesis.
- BackChannel
Participated · Seed · Mar 2026
BackChannel operates a B2B platform that connects brands and retailers with buyers to monetize excess and idle inventory while maintaining control over channel, price, and distribution. The company leverages AI agents to automate processes and manage distribution controls. After validating its model in 2025 with BRL 25M in GMV, BackChannel projects BRL 150M in GMV for 2026. Its current network includes 18k retailers and over 100 large sellers, with a take rate of 12% and an average ticket of BRL 50k. The founders are Guillermo Freire and Guillermo Arslanian, formerly of Trocafone, and the new seed funding will be used to scale operations and expand the platform.
- Rivio
Led · Series A · Feb 2026
Founded in 2025, Brazil-based Rivio develops artificial-intelligence agents that operate across every stage of hospital billing to reduce claim denials, errors and revenue leakage. The company offers a unique performance-guarantee contract: if a hospital fails to recover 100 % of the amount owed by insurers, Rivio covers the shortfall itself, shifting operational and financial risk away from the provider. By tackling administrative waste that the National Association of Private Hospitals estimates at R$5.8 billion annually, Rivio aims to improve hospital cash flow and ultimately patient care. Management plans to use new capital to expand into additional medium and large hospitals, refine its data-driven risk and pricing models, and strengthen measurement tools that impact the broader healthcare system. Co-founders Ricardo Sales and Silvio Frison have long histories in social-impact initiatives, aligning the business with impact-investing mandates. The company positions itself at the intersection of operational efficiency, pragmatic AI deployment and economic value creation within Brazil’s healthcare sector.
- Beltic
Participated · Seed · Sep 2025
Beltic builds an AI-powered compliance infrastructure that integrates a wide range of global regulatory data sources to deliver fast, accurate identity verification and intelligent risk scoring. Its platform standardizes compliance workflows and provides real-time updates to minimize manual review and reduce risk exposure. The product is designed to adapt across multiple regulatory jurisdictions and changing standards, targeting banks, fintechs, and other sectors facing rising AML and regulatory pressures. The founding team includes CEO Isha Bhatnagar, COO Mike, and early hires focused on business development, product, and engineering. The company operates in San Francisco and São Paulo and positions its offering as a scalable, lower-cost alternative to manual compliance processes. Beltic recently raised funding to accelerate product development and customer onboarding.
- Fourier
Participated · Series A · Apr 2025
Fourier designs hydrogen electrolyzer modules no larger than two standard server racks, using arrays of small "blade" electrolyzers managed by software. Each module contains about 20 blades fed by a shared pump and powered by lightly modified, commodity data‑center power supplies. The company’s control software monitors individual blades similar to a battery management system, optimizing output and detecting degradation. Fourier has run two lab‑scale pilots that produce about one kilogram of hydrogen per hour with a pharmaceutical manufacturer and a solar energy company. It is deploying two commercial‑scale pilot plants—one at a petrochemical plant in Ohio and another at a Fremont, California aerospace parts company—expected to be operating by June. Fourier targets customers that need 6–20 kilograms per hour (roughly 300 kW to 1 MW of capacity). The company says it can deliver hydrogen for $6–$7 per kilogram (ex‑incentives) versus customer current prices of about $13–$14 per kilogram.