Claure’s Bicycle Capital Leads $55 Million Round for Cayena

The Brazilian startup helps streamline transactions between suppliers and buyers in the wholesale food industry.

Marcelo ClaurePhotographer: Marco Bello
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Bicycle Capital, the investment firm founded by former SoftBank Group Corp. executives including Marcelo Claure, led a funding round for Cayena, a Brazilian startup that helps facilitate transactions between suppliers and buyers in the wholesale food industry.

The Series B round that raised $55 million also received backing from investors including Picus Capital, FEMSA Ventures, Globo Ventures and Canary, according to a statement Wednesday. The companies declined to comment on the valuation beyond saying that it was significantly above the previous funding round.