Atlantico
Venture capitalSao Paulo · Pre-Seed–Series A · 21 people tracked
Also known as GOOD WAVE MANAGEMENT LTDA.
Investment thesis
Atlantico focuses on supporting bold, ambitious founders working to build a better future primarily in Latin America but also beyond the region. The firm complements its investing with research, publishing annual reports on the digital transformation of the Latin American market. Its stated mission centers on backing entrepreneurs defining the future of technology and digital business across the region.
Source: firm website, verified Aug 25, 2026.
Team · 21 people
from the firm's website & curated & public directories
Founder mafia
2 people who came through Atlantico went on to found or lead other companies.
What they invest in
from 8 of 12 portfolio companiesSaaS ×4AI & Machine Learning ×3E-commerce ×3B2B Marketplaces ×2Consumer ×2Fintech ×2Retail Tech ×2Cleantech ×1
HQs:Brazil×4United States×2Germany×1Mexico×1
Investments · 12 tracked
founders shown can be your intro pathBy year:2026 · 32022 · 12021 · 12020 · 16 dated
Grand Cayman
Igor Marchesini Ferreira(Director)Mariana Dos Reis Paixao(Director)in
BoardNicolas Szekasy(Director)in
Board seatMariana Paixao· per SEC Form D · $9.8M raise · filed Oct 2021
Co-investorsKaszek Ventures
New York, US
Board seatJulio Vasconcellos· per SEC Form D · $43.6M raise · filed Mar 2022
OXIO operates a cloud-native, API-first Telecom-as-a-Service platform that lets telcos, startups, retailers, banks, and other brands launch and manage their own MVNO or embedded connectivity products without telecom expertise.
AI & Machine LearningCloud ComputingSaaSNew York, US
Nicolas Girard(Co-founder)inJason Hugh Evans(Executive Officer, Director)
BoardMatt Shapiro(Director)Caio Bolognesi(Director)Frank Ianna(Director)
Board seatJulio Vasconcellos· per SEC Form D · $12M raise · filed Sep 2020
Co-investorsCollab+CurrencyDigital Currency GroupFuture Perfect VenturesKing River CapitalMONASHEESMulticoin Capital+2 more
Akua builds modern payment infrastructure for Latin America, offering a universal API and dashboard that let businesses accept and embed payments, run payouts, recurring billing, risk management, and compliance in one system.
AI & Machine LearningData & InfrastructureFintechSaaS
Carlos Marín(CEO)Juan José Behrend(CTO)Rodrigo Rodrigues(COO)
Co-investorsFlourish VenturesHTwentyKrealoPropel Venture Partners4um InvestimentosSimma Capital
Enter offers heat pumps and photovoltaic systems for homeowners, including online building analysis, expert consultation, system sizing, and installation through certified regional SHK (heating and plumbing) master contractors.
CleantechClimate TechEnergy
Co-investorsCoatue ManagementFoundamentalFounders FundGerman Media PoolSE VenturesTarget Global+4 more
FestaLab is a Brazilian online platform for creating and sharing digital event invitations, letting users edit invitation templates, share via WhatsApp, manage RSVPs, and add gift lists.
ConsumerE-commerceSaaS
Co-investorsbig_betsNorte VenturesTheVentureCityCanary
Fudo is a cloud-based platform for restaurants and food businesses in Latin America that integrates point-of-sale, inventory management, payments, and online delivery into a single system.
FoodTechRetail TechSaaSMexico, MX
Co-investorsAndreessen HorowitzHTwentyLatitud VenturesCollaborative FundMAYA CapitalMAYA Capital Ventures
Robbin provides embedded B2B financing that lets industrial companies originate sales and finance their distribution networks off-balance-sheet, with reseller payments in installments while the manufacturer is paid upfront and without default risk.
AI & Machine LearningB2B MarketplacesFintech
Co-investorsNorte VenturesCanary
Sallve is a digital-native dermocosmetics brand that develops skincare formulas based on scientific research and active input from its online community.
ConsumerDirect to ConsumerE-commerceSão Paulo, BR
Co-investorsAstellaKaszek VenturesCanaryEndeavor CatalystQuartzWaldencast
ZAX is a mobile app-based B2B marketplace connecting fashion retailers with over 1,000 wholesale clothing suppliers from São Paulo districts such as Brás and Bom Retiro.
B2B MarketplacesE-commerceRetail Tech
Co-investorsAllievo CapitalFlucas VenturesNorte Ventures
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companiesRobbin · thesaasnews.com · May 27, 2026
Enter · finsmes.com · May 11, 2026
Akua · latamlist.com · Oct 13, 2025
Frequently asked questions
- What stage does Atlantico invest at?
- Atlantico invests at the Pre-Seed, Seed, Series A stages.
- What is Atlantico's typical check size?
- Atlantico typically writes checks of $100K – $5M.
- What sectors does Atlantico focus on?
- Atlantico focuses on Sector Agnostic.
- Where is Atlantico located?
- Atlantico is headquartered in Sao Paulo, BR.
- Does Atlantico lead rounds?
- Yes, Atlantico leads investment rounds.
Media · Podcasts & interviews
featuring the team#PodKast 201: Julio Vasconcellos: operator (Facebook), founder (Peixe Urbano) and now VC (Atlantico)
K Fund · Julio Vasconcellos
Julio Vasconcellos, Atlantico Managing Partner - LatAm Tech Looks a Lot Like Silicon Valley in 2005
Miguel Armaza · Julio Vasconcellos
Julio Vasconcellos, Atlantico Managing Partner - Making Radical Choices to Save Your Company
Miguel Armaza · Julio Vasconcellos
Images
Co-investors · 20
Canary is a Brazilian venture capital fund founded and led by repeat tech founders that uses a systematic 40+ criteria framework to evaluate startups, positioning itself as the early-stage entry point for top global funds wanting access to Latin American deals. The firm runs JetPack, a program that provides $50k, office space, and operational support to first-time founders living abroad who want to start companies targeting inefficient Brazilian sectors like real estate, healthcare, and financial services.
Latitud is an early-stage investor and community platform connecting Latin American startup talent with Silicon Valley, including a Fellowship program for founders.
Flourish Ventures is a global early-stage fintech fund that backs founders building and reshaping financial services and systems.
Monashees is a Latin American venture capital firm backing technology-driven founders building category-defining companies from the region for global markets.
Big Bets is an early-stage investor that partners with founders of software-intensive startups from day one, working closely alongside entrepreneurs to help build large next-generation technology companies.
MAYA Capital is an early-stage venture fund that backs bold founders driving technological change across Latin America.
Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.
FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.
Unknown Ventures is a venture studio based in Austin that provides funding and operational support to early-stage startups at the pre-seed to Series A stage. The firm backs founders seeking to create innovative solutions that improve human experience.
QED Investors is a venture capital firm focused on financial services, founded by former Capital One executives to back founders bringing transparency and fairness to fintech.
Global Founders Capital (GFC) is the global venture capital platform of Rocket Internet, investing early and across sectors in fast-growing technology companies.
Graph Ventures is a venture capital firm founded and run by investors who have backed and built dozens of VC-backed companies over more than a decade, offering founders fundraising connections, scaling advice, and network access.
▶8 more co-investors
Magma PartnersNazcaStellation CapitalDux CapitalJiveworldTokai VenturesAqua SparkGrupo Alura
Firms observed investing alongside Atlantico, from public investor directories. Shared companies are the overlap with Atlantico's recorded portfolio.
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