Fundraising Fox

Atlantico

Venture capital

Sao Paulo · Pre-Seed–Series A · 20 people tracked

Also known as GOOD WAVE MANAGEMENT LTDA.

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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.

Invests inSector AgnosticGlobalLatin AmericaSao Paulo

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $5M
HQ
Sao Paulo, NY, MX
Leads rounds
Leads
Instruments
Equity
Founded
2019
Private fund assets
$101.7M
VC funds
2
Tracked investments
7

Team · 20 people

from the firm's website & public directories
Irit Epellbaum· Product

VP of Product at Solv Health and at Zap/Viva Real, and an early product leader at Trulia.

Marcos Voltolini· AI and Engineering

Former engineering lead at Nextdoor and co-founder at Mercê do Bairro and Pixel Labs.

Rafael Dahis· Growth

Former Global Head of Growth at Instagram, with product-growth experience at Patreon and Twitter.

What they invest in

from 2 of 7 portfolio companies

Cloud Computing ×1FoodTech ×1Retail Tech ×1SaaS ×1

HQs:United States×2Mexico×1

Investments · 7 tracked

founders shown can be your intro path
Melvi HoldingsSEC filingmedium confidence

Grand Cayman

Nicolas Szekasy(Director)Igor Marchesini Ferreira(Director)Mariana Dos Reis Paixao(Director)

Board seatMariana Paixao· per SEC Form D · $9.8M raise · filed Oct 2021

OXIO CorpSEC filingmedium confidence

New York, US

Board seatJulio Vasconcellos· per SEC Form D · $43.6M raise · filed Mar 2022

Oxio Privateoxio.cominSEC filingmedium confidence

OXIO operates a cloud-native Telecom-as-a-Service platform enabling companies to launch and manage their own mobile virtual network operators (MVNOs) and connectivity products without telecom expertise.

Cloud ComputingNew York, US

Nicolas Girard(Executive Officer, Director, Promoter)inJason Hugh Evans(Executive Officer, Director)Frank Ianna(Director)Julio Vasconcellos(Director)Matt Shapiro(Director)Caio Bolognesi(Director)

Board seatJulio Vasconcellos· per SEC Form D · $12M raise · filed Sep 2020

Enter
Fudofu.do

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

Lebane
Robbin

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.

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, MX.
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

Atlantico photo

Co-investors · 20

Latitud Ventures

Latitud is an early-stage investor and community platform connecting Latin American startup talent with Silicon Valley, including a Fellowship program for founders.

Both backed · 1
$100K – $5M
MAYA Capital Ventures

MAYA Capital is an early-stage venture fund that backs bold founders driving technological change across Latin America.

Both backed · 1
$100K – $10M
Notable Capital

Notable Capital is an early-stage venture firm that partners closely with founders, providing hands-on operational support through a platform team of experienced operators across hiring, sales, leadership development, storytelling, and engineering.

FJ Labs

FJ Labs is a venture capital firm specializing in marketplaces and network-effect businesses, having built a large portfolio of marketplace startups with over 30 becoming unicorns.

$250K – $2M
Unknown Ventures

Unknown is an investment firm focused on emerging market opportunities in live entertainment, biosciences, technology startups, and real estate, with a portfolio spanning music festivals, artist platforms, creator financial services, and event infrastructure.

QED Investors

QED Investors is a venture capital firm founded by former Capital One executives that invests in founders building transparency and fairness into financial services.

$30K – $25M
Global Founders Capital

Global Founders Capital (GFC) is the global venture capital platform of Rocket Internet, investing early and across sectors in fast-growing technology companies.

$637K – $32M
Flourish Ventures

Flourish Ventures is a global early-stage fintech fund that backs founders building and reshaping financial services and systems.

$100K – $5M
MONASHEES

Monashees is a Latin American venture capital firm, described as the first Silicon Valley-style VC in the region and the largest Brazilian VC, backing technology-driven founders building category-defining companies.

$10M
Graph Ventures

Graph Ventures is an investor founded and run by experienced entrepreneurs who have invested in and founded dozens of VC-backed companies, offering founders introductions, scaling advice, and market-entry support.

$5K – $5M
Canary

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.

$250K – $15M
Magma Partners

Magma Partners is an early-stage venture capital firm that has invested in over 125 Latin American startups across 20 countries since 2014.

8 more co-investors

NazcaStellation CapitalDux Capitalbig_betsJiveworldTokai 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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