Vox Capital
R. Purpurina, 396 – Conjunto 21 – Sumarezinho, São Paulo, SP, 05435-030, Brazil
Overview
Vox Capital is a venture capital company investing on innovative businesses delivering positive social impact to the Brazilian low-income population through solutions that help to improve their lives. Vox Capital offers financial and managerial support to startup companies with high potential to scale up and seeking to deliver value for society through both attractive financial return and positive social impact.
- Total investments
- 11
- Lead investments
- 5
- Investments · 12mo
- 4
- Active investors
- 4
Sector focus
- AgTech
- CleanTech
- EdTech
- Financial Services
- FinTech
- GovTech
- GreenTech
- Impact Investing
Investment portfolio
- Andromeda Surgical
Participated · Series A · Aug 2026
Andromeda Surgical is developing an autonomous surgery platform and is beginning clinical and commercial activity in endourology. The company is initially focusing on procedures that treat BPH, prostate cancer, bladder cancer, and kidney stones, and reports that urologists in three countries have used its platform to perform holmium laser enucleation of the prostate (HoLEP) in more than 40 patients. It has observed enucleation times as fast as 30 minutes versus a published average of about 90 minutes. The team combines surgical deeptech and healthcare expertise from organizations including Neuralink, Science Corp, Avail, and the group that launched the first autonomous truck at Starsky Robotics. Andromeda has raised $30 million to date, including a $15 million Series A, and has been cleared to launch commercially in Canada and New Zealand. The company plans to deploy its first commercial systems into hospitals in the coming months and to scale utilization while expanding into additional procedures and autonomous capabilities.
- Makasí
Led · Series A · Jul 2026
Founded in 2023, Makasí originates and manages construction loans through a platform that handles origination, risk analysis, portfolio management and construction monitoring. The company has originated more than R$500 million in credit, operates in 23 states and has over 3,000 residential units in development, targeting more than R$1 billion in originations by the end of the year. Its average developer financing ticket is around R$8 million, with past transactions previously in the R$15–20 million range and recent operations up to R$50 million; it also finances individual home construction with average tickets near R$1 million. Makasí raises funding for its lending via CRIs and has pursued both equity and securitization-based capital strategies. The startup is expanding a tested Minha Casa Minha Vida-focused line to support early project expenditures like land purchase and launch while aiming to broaden its market reach through technology investments.
- Agrorobótica
Led · Seed · Apr 2026
Agrorobótica builds technology that uses laser sensing and artificial intelligence to analyze soil chemical properties and quantify carbon stored in soils. The startup was incubated by Embrapa and aims to convert soil-carbon measurements into financial assets such as carbon credits. The company projects a potential market impact of up to R$1 billion over coming decades based on carbon-credit generation. With the R$10.8 million investment from Banco do Brasil’s VC arm and VOX Capital, Agrorobótica plans to scale its solutions and expand access among producers. The funding announcement framed the company as a contributor to a transition toward lower-carbon agriculture, aligned with Banco do Brasil’s innovation and sustainability initiatives.
- Delfos Energy
Participated · Seed · Mar 2026
Delfos Energy develops applied AI software that ingests live operational data from renewable and other energy infrastructure, detects abnormal behavior, and recommends specific maintenance actions, effectively replicating the judgment of seasoned performance engineers. Its platform already monitors and interprets signals from more than 1,000 energy sites across over 10 countries, providing context, prioritization, and natural-language interfaces such as WhatsApp for easier adoption. Operating since 2017, the company focuses on improving efficiency and reliability of existing energy assets during the energy transition. Unlike conventional monitoring dashboards, Delfos Energy delivers actionable guidance—what to do, when, and why—rather than just alerts. Management plans to use new capital to deepen deployments in key European markets, broaden into adjacent verticals like energy storage, and prepare for eventual U.S. expansion. Delfos Energy has raised €10 million to date, including the latest seed extension.
- Nextron Energia
Led · Series A · Mar 2024
Nextron is a São Paulo, Brazil-based climate tech company that democratizes access to renewable energy by dynamically connecting residential and commercial consumers to nearby renewable projects through a subscription service. Subscribers save on electricity bills without needing to invest in or install their own solar panels. The company operates a proprietary customer-acquisition platform to enroll users into distributed generation assets. Led by CEO Ivo O. Pitanguy and CTO Roberto G. Hashioka, Nextron aims to expand its operations nationwide in Brazil. It intends to scale its customer-acquisition platform to more than 50,000 subscribers by the end of 2024. Financially, the company has secured capital through a US$5.3M Series A to support that growth.