Latam Startups
Saudi ConTech WakeCap Acquires Brazil’s Trackfy to Expand AI-powered Construction Workforce Intelligence Into Latin America
The acquisition marks WakeCap’s entry into the Latin American market and strengthens its position as a global leader in construction and industrial intelligence solutions.
WakeCap, the Saudi-born sensor-powered project intelligence and controls platform trusted by the world’s most complex construction and industrial projects, has announced the acquisition of Trackfy, a Brazilian workforce safety and operational analytics company. The deal extends WakeCap’s global footprint into Latin America, adding Brazil as its new regional headquarters, and enhances its ability to deliver end-to-end lifecycle solutions from construction to industrial operations.
Strengthening Global Reach and Product Capabilities
WakeCap’s acquisition of Trackfy comes amid a global infrastructure boom, with Saudi Arabia alone investing nearly $1 trillion in construction and urban development under Vision 2030. WakeCap’s technology—already deployed across $120 billion worth of active giga-projects including NEOM, Qiddiya, King Salman Park, and Aramco developments—collects real-time jobsite data to enhance productivity, safety, and operational visibility.
“Trackfy brings both regional expertise and product capabilities that perfectly complement WakeCap’s vision to put workers first, make jobsites safer, and bring clarity to the world’s most complex construction projects,” said Dr. Hassan Albalawi, Co-founder and CEO of WakeCap. “This acquisition fuels our next stage of growth as we expand globally, increasing the value we deliver through richer insights, faster reporting, and greater operational efficiency.”
By integrating Trackfy’s capabilities in industrial operations and maintenance, WakeCap can now support clients beyond the construction phase, delivering continuous visibility and optimization throughout a facility’s operational lifecycle. This unified approach positions WakeCap as a full-spectrum industrial intelligence provider, aligning with global trends toward smart, data-driven infrastructure management.
A Shared Vision for Smart Industrial Intelligence
Founded by Tulio Cerviño, Trackfy has built a strong reputation for operational safety solutions and workforce performance analytics across Latin America. Through this acquisition, WakeCap and Trackfy aim to build the global standard for smart operations by combining AI, IoT, and real-time data systems to enhance industrial productivity and worker safety.
“Joining forces with WakeCap enables us to scale our technology, expand into new regions, and serve customers across the full lifecycle of industrial projects,” said Cerviño, CEO of Trackfy. “This move is more than an acquisition—it’s a step toward realizing a shared vision: building the global benchmark for industrial intelligence.”
WakeCap’s expansion into Latin America underscores its ability to bridge Silicon Valley innovation with Saudi-scale delivery, reflecting the company’s commitment to global growth while remaining aligned with the Vision 2030 goal of fostering smarter, safer, and more sustainable built environments.
With over 150 million labor hours tracked and operations spanning the UAE, US, Japan, and now Brazil, WakeCap is solidifying its position as a global leader in construction intelligence, transforming how data, safety, and automation converge to redefine the future of industrial operations.
Latam Startups
Brazilian Startup Plinq Raises $250K in Seed Funding to Expand Background Check App for Women
Led by Spectra Investments, the funding will support Plinq’s mobile app and its move from individual searches to a subscription service.
Brazilian startup Plinq has raised about $250,000 in its first funding round, led by Spectra Investments. Angel investors also participated, including Anton Osika, Liana Selles, Fernando Montera and José Gerardo Carrero. The dollar amount is an approximate conversion of the R$1.3 million round announced in August 2026.
Plinq helps women search publicly available judicial records when checking the background of a potential romantic partner. Founded in 2025 by CEO Sabrine Matos, the company plans to use the investment to develop its mobile app and expand its ten-person team.
How Plinq’s Background Checks Work
Users enter a person’s name and phone number, and Plinq searches public sources, including court records and official publications, to compile a report. The company says its web platform attracted more than 60,000 users and processed nearly 85,000 searches during its first year.
Matos founded Plinq after learning of a femicide case in which the perpetrator had faced multiple domestic violence proceedings that the victim reportedly did not know about. The startup’s aim is to make existing public information easier to find and understand before a relationship begins.
Plinq says 10% of the risk alerts identified by its platform relate to domestic violence records. Those alerts reflect information found in public databases; a search result alone cannot establish a person’s current conduct or guarantee someone’s safety.
Mobile App and Subscription Plans
When the round was announced, Plinq said it planned to launch a women-only mobile app in early September 2026 and replace one-off web searches with a monthly subscription. The proposed app includes identity checks using facial recognition. The launch date was a company plan at the time of the funding announcement; the cited report does not confirm that the app has since launched.
Plinq aims to reach one million active users within six months of the app’s launch. For 2027, it has outlined further features, including a way for users to alert nearby women if they feel at risk during a date. It is also considering services for Brazilian women living abroad. These remain expansion targets rather than existing features or user figures.
Latam Startups
Brazil-Based AI Startup Nuvia Raises $1.8M to Expand AI Sales Agents Across Latin America
Amador Capital and Nascent led the round, which will support product development and commercial growth.
Brazilian startup Nuvia has raised $1.8 million in a funding round led by Amador Capital and Nascent. Existing investor NXTP participated alongside Crivo Ventures, Delusional Capital and investors brought together through Spectra Investimentos. Nuvia plans to use the capital to develop its platform, strengthen its team and expand in Brazil and other Latin American markets.
Nuvia develops AI agents for sales and customer service. Its platform brings conversations from WhatsApp, Instagram, voice calls, websites and email into one system and connects them with customer relationship management tools. The aim is to help businesses respond to enquiries, qualify prospective customers and carry conversations through more complex sales processes.
Building a presence beyond Brazil
Nuvia is focusing on markets where companies handle large volumes of customer conversations, particularly through WhatsApp. Most of its customers are currently in Brazil, but the company also serves clients in Mexico, Colombia and the Iberian Peninsula. The new funding will help it grow its sales and marketing operations as it pursues a wider Latin American customer base.
The startup says its agents can support tasks that extend beyond answering routine questions. In one example cited by the company, retailer Chocolat Du Jour handled approximately 25,000 customer interactions during an eight-day Easter period, with AI agents managing 91% of the conversations. These figures describe that customer’s reported use of the platform, rather than a result Nuvia has demonstrated for every deployment.
Founded in 2024, Nuvia is led by CEO John Paz, a former Brazil general manager at fintech Pomelo. The latest round follows an earlier raise of about $1.7 million, bringing its disclosed funding to approximately $3.5 million. Reports differ on the date of that earlier round, so the total is more useful here than assigning it a specific month.
Latam Startups
Brazil-Based EdTech Startup Premia Raises $975K to Expand AI-Powered Learning Platform and Pursue Acquisitions
The company’s first external investment has been followed by its acquisition of Aulapp, extending its reach into corporate education.
Brazilian education technology company Premia has raised approximately $980,000 in its first external funding round from an undisclosed family office with interests in education. The investment will support product development, hiring and acquisitions as the company expands beyond its existing school and higher education business.
Premia previously funded its operations without outside investment. Its platform uses AI to assess students’ progress, identify learning gaps and help educators tailor their support.
AI Tools for Schools and Universities
Premia says its platform uses 18 proprietary AI models designed for educational tasks. The technology analyses how students interact with learning materials and provides information that teachers and institutions can use to guide instruction.
According to the company, its products have reached 3.8 million users across 400 Brazilian municipalities and have been used by more than 4,500 teachers. Premia has also reported improvements in student performance, although the figures provided do not establish how much of that improvement can be attributed to the platform alone.
Acquisition Opens Corporate Education Market
Premia said it would use part of the investment to acquire businesses that add products or customers to its platform. It has since acquired Aulapp, an education business serving schools and companies. The value of that transaction was not disclosed. The acquisition makes Premia’s planned move into corporate education a current part of its expansion, rather than only a future objective.
The company also plans to strengthen its commercial and technology teams. Over the next two years, it aims to reach more than 20 million users, expand to 1,500 municipalities and support over 40,000 teachers. Those are company targets, not current operating figures.
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