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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.

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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.

WakeCap: How a Saudi Entrepreneur and an Indian Innovator Are Making Construction Safer and Smarter Across the Region

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.

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Brazilian FinTech Startup Decade Raises $85M to Expand AI-Powered Wealth Management Platform

The round, described as the largest seed investment in Latin America, will support Decade’s AI-powered platform for making sophisticated wealth management services accessible to a broader market.

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Brazilian AI fintech Decade, co-founded by former Nubank CTO Vitor Olivier, has raised US$85 million in a seed funding round to develop an AI-powered wealth management platform.

The round was co-led by Benchmark, GreenOaks, and Diffusion, with participation from Brazilian investors Norte Ventures and Atlantico. The company’s valuation following the investment was not disclosed.

The financing is described as the largest seed funding round in Latin American history, giving Decade significant capital to develop a technology-driven alternative to traditional wealth management services.

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Bringing Family Office Services to More Investors

Decade aims to make sophisticated financial planning and investment management capabilities traditionally associated with multi-family offices available to a broader group of investors.

The company plans to combine artificial intelligence with human financial expertise to help users understand their financial position, manage investments, identify risks, and make better long-term financial decisions.

Vitor Olivier, Co-Founder and CEO of Decade, sees an opportunity to bring the type of technological transformation to wealth management that digital banking brought to traditional financial services.

Building an AI-Powered Financial Hub

Decade connects with users’ financial accounts through Brazil’s Open Finance infrastructure, allowing its platform to create a consolidated view of their assets, liabilities, investments, and financial activity.

Its AI technology can continuously analyse factors including spending patterns, portfolio allocation, wealth concentration, and financial risk.

Users can also perform financial simulations, generate projections, and ask complex questions about their finances based on their individual financial information.

Decade intends to operate as an independent layer between customers and financial institutions, allowing the platform to provide recommendations without being tied to a specific bank or investment provider.

Integrating With Brazil’s Investment Ecosystem

The startup has already established integrations with major Brazilian financial platforms including BTG Pactual and XP Investimentos, initially allowing customers to visualise financial information held across different institutions.

Decade plans to eventually enable users to execute financial transactions directly through its platform as its product and regulatory capabilities expand.

The service is expected to operate under a subscription model costing approximately R$200 per month, providing access to the platform, its AI-powered financial tools, and support from human consultants.

Founded by Former Nubank Leaders

Decade was co-founded by Vitor Olivier and Felipe Meneses, who serves as the company’s Head of AI.

The idea emerged from discussions between the founders while they were working at Nubank, where Olivier previously served as Chief Technology Officer.

Following Olivier’s departure from Nubank, the founders began developing Decade and building its team, which has grown to approximately 26 professionals.

The company currently operates under an investment consulting licence from Brazil’s Securities and Exchange Commission (CVM) and is pursuing an additional asset management licence that would allow it to expand its financial services.

Preparing for Wider Expansion

Decade is currently operating in beta and is managing several billion reais in assets for a limited group of clients while refining its platform and customer experience.

The company has opened a waitlist for prospective users but is prioritising product development before accelerating customer acquisition.

With $85 million in seed capital, Decade plans to establish an AI-native wealth management platform capable of combining automated financial intelligence with human expertise.

Starting in Brazil, the company ultimately sees an opportunity to take its model into additional international markets as it seeks to broaden access to sophisticated financial planning and wealth management services.

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Brazilian Startup Strattum Raises $3.2M Pre-Seed to Build AI Data Infrastructure for Enterprises

The funding will support product validation, platform development, and the startup’s international expansion plans.

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Strattum, a Brazil-based enterprise AI startup, has raised US$3.2 million in a Pre-Seed funding round.

The round was co-led by Maya Capital and ONEVC, with participation from Norte Ventures and three angel investors.

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Funding to Build Enterprise AI Infrastructure

Strattum will use the new funding to validate its platform, accelerate product development, and prepare for international expansion.

The company aims to build the data infrastructure that enables enterprises to deploy artificial intelligence more effectively by organizing fragmented corporate data into a unified AI-ready environment.

Building a “Corporate AI Brain”

Founded by industry veterans, Strattum develops an AI data platform designed to become the “corporate brain” for large organizations.

Rather than building its own AI models, the platform creates a centralized context layer that organizes enterprise data and provides AI applications with accurate, structured, and secure information.

The company says its solution helps organizations accelerate AI adoption while improving data governance, reducing implementation costs, and maintaining data sovereignty.

Serving Large Enterprises

Strattum targets large organizations across industries including retail, financial services, technology, and the broader industrial sector, where fragmented data remains one of the biggest barriers to enterprise AI adoption.

Its platform combines recurring subscription revenue with usage-based pricing for enterprise data processing, while dedicated implementation engineers help customers integrate the technology into their existing systems.

Preparing for Global Expansion

Although initially focused on Brazil, Strattum has already begun testing its platform in international markets.

The company plans to use the current funding to strengthen its domestic presence before pursuing a future funding round to accelerate global expansion and establish itself as an international enterprise AI infrastructure provider.

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Brazil-Based LogTech Startup Einship Raises $1M to Expand AI-Powered Global Trade Intelligence Platform

The funding will accelerate the company’s international expansion and strengthen its AI platform for foreign trade and logistics.

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Einship, a Brazil-based AI-native logistics technology (LogTech) startup, has raised US$1 million in a Seed funding round. The round was led by US-based venture capital firm Parceiro Ventures.

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Funding to Accelerate Global Expansion

Einship will use the new funding to accelerate its international expansion, enhance its AI-powered trade intelligence platform, expand its commercial team, and strengthen its global brand.

The company also plans to develop new AI-driven capabilities to help businesses improve decision-making across international supply chains.

AI Platform for Global Trade

Founded by Luiz Policarpo, Einship develops an AI-powered platform that combines market intelligence, operational management, and data analytics to help companies manage international trade more efficiently.

Its platform enables importers, exporters, and logistics providers to make faster, data-driven decisions while reducing logistics costs, improving operational predictability, and automating manual trade processes.

Supporting International Logistics

Einship’s technology helps businesses navigate the complexity of global commerce by providing real-time insights into supply chain operations, regulatory requirements, and market conditions.

The platform serves more than 100 enterprise customers, including APM Terminals and Allog Group, supporting trade operations across Europe, China, the United States, and other international markets.

Building a Global Trade Technology Company

The funding comes after a period of rapid growth for Einship.

According to the company, revenue increased by more than 400% in 2025, while revenue generated during the first five months of 2026 had already exceeded its total revenue for the previous year.

With the new investment, Einship aims to strengthen its presence in existing international markets while selectively expanding into new countries as it builds a global platform for AI-powered trade intelligence.

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