CapSur Capital acquired a 30% stake in Neoway, a Brazil-based market intelligence and data analytics company, for an undisclosed amount.

(The News 24) The Santa Catarina technology company Neoway, dedicated to systems for managing large volumes of information (the so-called big data) has just had 30% of its capital sold to CapSur, a manager that in February led a round of 1.1 billion reais investment in the Loggi logistics unicorn.

The information was anticipated by the Pipeline website and confirmed by Then24.com with company sources. The transaction amount was not disclosed by the parties involved.

Founded in 2002, in Florianópolis, based on a doctoral thesis by production engineer Jaime de Paula at the Federal University of Santa Catarina, the technology company analyzes market information, making it useful for customer decision-making, in large companies such as banks, retailers and other technology companies.

To do this, it tracks more than 600 public databases, such as CPF and CNPJ records, in search of predictive models — in short, probable scenarios of what can happen in a given problem to affect a company.

In nearly two decades, Neoway has attracted major investors such as Endeavor Catalyst and Monashees. In all, there were more than 100 million dollars, of which 30 million dollars came in 2018 with a contribution from the sovereign fund of Singapore Temasek.