Participated · Equity · Nov 2025

Guia da Alma offers a B2B mental-health benefits platform that helps employers support the psychological well-being of their workforces through prevention, guidance and care resources. The company says its product is already validated and commercially consolidated among small and medium-sized enterprises, and a distribution partnership with Wellhub allows it to reach thousands of users every month. In 2025 the startup operated at breakeven while expanding its team and internal structure, more than doubling both revenue (versus 2024) and its customer base. Management has set a goal of doubling revenue every year and serving roughly 1,000 B2B customers by the end of 2027. Recent organisational changes include co-founder Liana moving from CMO to Chief Sales Officer and the hiring of Chris Fedrizzi as Chief Product Officer to oversee customer journey and product innovation. The company plans to allocate new capital toward technology enhancements, marketing and sales in order to scale already-validated commercial channels and improve user experience.

Participated · Seed · Feb 2024

Plano offers an AI-driven platform that diagnoses users' financial health and delivers personalized action plans, with optional regular human advisory sessions. The product is available B2C and as a white-label solution for companies, and the startup pursues B2B2C partnerships to drive growth. Plano targets lower- and middle-income users and reports having helped more than 40,000 people get out of debt, optimized over R$160 million, provided over 500,000 hours of consultancy, and supported more than 20,000 clients to start investing. The company projects R$3.5 million in revenue in 2024 and aims to grow its database to over 300,000 users. Plano plans to use new funding to increase traction and volumetry of users in the B2B2C channel and to improve its solution to boost engagement and impact. Management expects a new Banco Central resolution effective July 1, 2024, to increase demand from banks and other financial institutions for financial-education solutions.

Led · Equity · Mar 2023

Arrival is an electric-vehicle startup that planned to use microfactories to build electric buses, vans and a car designed for Uber drivers. It also had programs for XL delivery vans targeted at the U.S. market with planned production in Charlotte, North Carolina by 2024. Those plans have largely unraveled: the company has dropped its Uber car and bus programs, slashed production targets, and laid off workers four times in the past 15 months. Arrival has missed SEC filing deadlines, including its 2022 annual report, and executed a reverse stock split to try to regain Nasdaq compliance. Financially, Arrival reported about $43 million of cash and cash equivalents at the end of the first half of 2023 and a net loss of $155.7 million in that period (versus a $100 million loss in H1 2022). It reduced capital expenditures to $4.1 million in H1 2023 from $198.9 million in H1 2022 as part of restructuring and cost-cutting efforts. The company is pursuing strategic alternatives, including a potential sale, while seeking additional capital to continue operations. Arrival is a pre-revenue electric vehicle maker focused on purpose-built last-mile delivery vans and a microfactory manufacturing approach. The company has shifted its product strategy to prioritize XL vans for the U.S. market and plans to start production in Charlotte, North Carolina in late 2024. Arrival is currently burning cash rapidly and has implemented drastic cost cuts, including a planned 50% headcount reduction to leave fewer than 800 employees and a target cash spend of no more than $35 million per quarter. It has built two L vans so far at its Bicester facility and aims to produce 10 L vans and accumulate 250,000 kilometers of public road mileage by the end of 2023 to validate engineering. Financially, Arrival says it is pre-revenue, reduced net debt by $121.9 million after a February sale of common stock, and is seeking further financing to fund XL development and ramp production. Leadership changes include the appointment of Igor Torgov as CEO and other governance moves such as a proposed reverse stock split to regain Nasdaq compliance. Arrival develops electric buses. The company is led by a former head of Yota. The article reports that a fund linked to Vladimir Potanin invested €50 million in Arrival. The report does not provide details on the financing instrument or other participating investors. No operating metrics, revenue, or user numbers are included in the article. Public comments attached to the article express a range of opinions about the company and its investors. Arrival is a British electric vehicle company that focuses on commercial vehicles, notably vans and buses. Founded in London in 2015 by Denis Sverdlov, the company has attracted strategic investors including Hyundai, Kia, UPS, and BlackRock. Earlier this year Arrival secured a reported €100 million strategic investment from Hyundai and Kia at a €3 billion valuation and later received a $118 million investment from BlackRock. The company has an order from UPS for 10,000 Generation 2 electric vehicles. Arrival plans to open a small-scale “microfactory” in Rock Hill, South Carolina, investing $46 million to establish its first U.S. production facility. The Rock Hill site is expected to produce up to 1,000 battery-powered buses per year and employ about 240 people once it opens next year. Arrival is a UK-based electric-vehicle startup led by Denis Sverdlov that has developed in-house software, materials, components and other technologies for Generation 2.0 electric vehicles. Its core product is a scalable 'skateboard' electric platform that can be adapted across multiple vehicle categories to underpin Purpose Built Vehicles (PBVs). Arrival is targeting vans and other vehicles for logistics, on-demand ride-hailing, and shuttle-service markets. The company plans to explore those segments through co-development with automotive partners. In January 2020 Arrival received a €100M investment from Hyundai Motor Company and Kia Motors Corporation to enable co-development of eco-friendly vans and other PBVs. Hyundai will contribute €80M and Kia €20M as part of the deal.