SP Ventures invested R$6m in debt financing in Ambar Tech, a Brazilian real estate construtech providing digitization services for construction projects. In 2019, Igah Ventures (formerly e.Bricks Ventures) made a R$14m follow-on investment in Ambar Tech, after investing R$40m+ in the company.
(Global Legal Chronicle) – Veirano Advogados advised SP Ventures Gestora de Recursos LTDA. and Brasil Venture Debt I Fundo De Investimento Em Direitos Creditórios on the deal.
Ambar Tech Participações S.A. issued a Cédula de Crédito Bancário nº 2006242036/ATP (CCB), in favor of QI Sociedade de Crédito Direto S.A., which, in turn, was specially indorsed to Brasil Venture Debt I Fundo de Investimento em Direitos Creditórios, pursuant to Article 29, Paragraph 1 of Law 10,931, of August 2, 2004, as amended, with the Fund becoming the legitimate and exclusive owner of the CCB and of all credit rights deriving from the CCB.
Ambar Tech Participacoes S.A develops housing technology. The Company offers products and services that use data, technology, and intelligence to increase productivity and reduce cost of construction and the amount of labor required. Ambar Tech Participacoes also offers energy management algortithms that monitor the consumption of families in real time.
SP Ventures Gestora de Recursos LTDA. and Brasil Venture Debt I Fundo de Investimento em Direitos Creditórios in house involved Gabriela Gonçalves, Karime Alves, and Felipe Guth.
Ambar Tech Participações S.A. in house involved Juliana Gobbi, Jonatas Oliveira, Fernando Mantoan, and Ian Fadel.
Veirano Advogados team included Daniela Anversa (Picture), Lior Pinsky, and Giovanna Fetter.