Indicator Capital Announcement

IoT Indicator Capital reached a ~USD66.6m second close for its second fund to invest in IoT startups in Brazil.

· LPs in this ~USD18.6m fundraising tranche include Sebrae, Badesul, AgeRio and Fapesp.

· Indicator Capital’s latest investments include Beegol, Rumina, CTA Smart, IBBX, Syos and Tevec. n

(Por: Carlos Ramos de la Vega)

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