SoftBank’s Latin America Fund and General Atlantic have co-led a $107m series B round for Acesso Digital, a facial recognition technology developer that will use the money to scale.
Brazil-based facial recognition technology developer Acesso Digital received BRL580m ($107m) in a series B round co-led by telecommunications conglomerate SoftBank’s Latin America Fund and growth equity firm General Atlantic.
Founded in 2007, Acesso Digital has developed facial biometrics and identity verification technology for sectors including e-commerce, fintech, healthcare and retail, enabling applications such as recovering a debit card PIN and digitally signing documents.
The series B capital will enable Acesso Digital to further scale its business.
Diego Torres Martins, founder…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
