Condoconta Financeira SA announced that it has received BRL 72.3 million in funding from Syn Prop & Tech S.A., Scale-Up Ventures, Terracotta Ventures, Redpoint eventures Gestão de Recursos e Consultoria Ltda., Igah Gestora Ltda.
November 13, 2023
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Condoconta Financeira SA announced that it has received BRL 72.3 million in a round of funding co-led by new investors Syn Prop & Tech S.A., Scale-Up Ventures, and Terracotta Ventures on November 14, 2023. The transaction included participation from returning investors Redpoint eventures Gestão de Recursos e Consultoria Ltda., and Igah Gestora Ltda.
SYN prop e tech SA, formerly known as Cyrela Commercial Properties SA Empreendimentos e Participacoes, is a Brazil-based company involved in the real estate sector. The Company focuses on the development, trade and management of commercial properties in Brazil. Its activities are divided into five business segments: Commercial Buildings, which consists of the sale and leasing of completed office properties; Real Estate Development, which is involved in the sale of office units under construction; Warehouses, which offers leasing of industrial warehouses; Shopping malls, which is responsible for the lease of stores in shopping malls; and Services, which provides management of shopping malls and parking lots, as well as development of properties. The Company owns a number of subsidiaries, such as Aquarius Empreendimentos e Participacoes Ltda, Millennium de Investimentos Imobiliarios Ltda and Miconia Empreendimentos Imobiliarios Ltda, among others.
Condoconta Financeira SA announced that it has received BRL 72.3 million in funding from Syn Prop & Tech S.A., Scale-Up Ventures, Terracotta Ventures, Redpoint eventures Gestão de Recursos e Consultoria Ltda., Igah Gestora Ltda.
SYN PROP & TECH S.A. 
