The Venture Codex

Participated · Series B · Aug 2026

Higgsfield builds an AI-driven platform for generating and iterating short-form video, emphasizing workflows that let users repeatedly rework clips rather than producing one finished asset. The company publicly launched in 2025 and has grown to more than 15 million users across 240 countries. Its business has shifted toward enterprise marketing customers, which now comprise the majority of revenue after moving from under a quarter earlier in 2025. Higgsfield reported annualised revenue of $500 million, up from roughly $200 million at the end of 2025. The team was founded in 2023 by Alex Mashrabov—who previously sold AI Factory to Snap and led generative AI there—alongside CTO Yerzat Dulat and co-founder Mahi de Silva. Management says future investment will prioritize enterprise product development, security, and scaling compute capacity to meet video-generation demand.

Led · Seed · Jul 2026

Quaddro offers a platform for autonomous professionals—particularly in health and wellness—that automates billing, payments and appointment scheduling. Launched in February 2022, the startup's service is subscription-based and has supported over R$ 1.3 million in transactions from more than 20,000 services sold by its registered professionals. The company is led by co-founder and CEO Bruno Novarini alongside co-founders Darlan Junior, Tiago Colin and Fran Melo. With the recent seed raise, Quaddro plans to expand its product and engineering teams and introduce new features such as operational expense control. Management is targeting to facilitate over R$ 20 million in transactions on the platform by year-end.

Led · Seed · Jul 2026

Caju offers a benefits-management platform that consolidates corporate vouchers (like meal and food allowances) onto a single Visa-branded card, enabling employees to adapt benefit usage within company rules. Launched this year, the startup already serves roughly 400 clients. Its Visa card is accepted at more than 2.2 million merchants nationwide, including supermarkets, restaurants, delivery services, transport and streaming services. The company intends to expand its product suite into private pension offerings and payroll-deductible loans. Caju will use its new seed capital to grow sales and technology teams to support scaling. Eduardo del Giglio is the company’s founder and CEO.

Led · Series A · Jul 2026

Aviva offers loans generally between $100 and $1,000 to individuals and small businesses, primarily serving informal-economy customers outside major metropolitan areas. Customers apply through videoconference bots at physical kiosks and applications are evaluated in minutes using AI models that analyze behavioral and identity signals. The company currently operates in more than 300 small and mid-sized cities across 23 Mexican states and reports over 300,000 completed kiosk application processes. Aviva’s product lineup includes a working-capital loan for microbusinesses and a point-of-sale consumer credit product deployed through kiosks inside retail stores. Founded in 2022 by Filiberto Castro, David Hernández, Amran Frey and Israel García, the company has raised $34 million in capital and more than $80 million in credit lines to date. Aviva aims to reach an addressable market of over 50 million adults with limited access to banking services and plans to use recent funding to expand locations, products and technology staff.

Led · Series A · Jun 2026

Vixtra offers financial services for importers, focusing on modernizing an analog foreign-trade ecosystem by providing credit, FX and related products. The company uses stablecoins in its FX transactions and lending processes, which it says enables greater speed and competitive pricing. Vixtra already manages a credit portfolio of R$250 million and reports an ARR of US$12 million. Leadership, led by CEO Leonardo Baltieri, positions the business as a complementary alternative to traditional banks rather than a replacement. The firm intends to accelerate customer acquisition—seeking to increase monthly new clients from about 10 to 20–30—and to introduce new offerings including loans and currency insurance. These plans are cited as core uses for the fresh capital from the Series A round.