Atlantico

Atlantico is a São Paulo-based venture capital firm focused on growth-stage technology investments across Latin America, founded by Julio Vasconcellos, co-founder of Peixe Urbano (Brazil's largest deals and voucher platform), alongside a team of operators and investors with deep regional experience. The firm typically invests at Series A through Series C stages with check sizes from $5 million to $25 million, in companies demonstrating strong product-market fit and preparing to scale across multiple Latin American markets. Atlantico's thesis centers on the distinctive characteristics of the Latin American opportunity: a large population of mobile-first consumers with rapidly growing purchasing power, underdeveloped incumbent financial services and retail infrastructure, and a generation of founders who have studied the global playbook and are adapting it for regional realities. The firm is particularly active in fintech, e-commerce enablement, B2B SaaS, and digital marketplace businesses, and maintains offices in São Paulo with deep coverage of Brazil, Mexico, Colombia, and Argentina. Portfolio companies include Kavak, the Mexican used-car marketplace that became one of Latin America's most valuable unicorns; Loft, a Brazilian real estate technology company; Nuvemshop, a leading Latin American e-commerce platform for SMEs; Clara, a corporate spend management company; and Belvo, an open banking infrastructure provider. Beyond these original investments, the portfolio includes other high-growth technology businesses across fintech and commerce in Latin America.