{"id":65080,"date":"2026-01-13T15:04:11","date_gmt":"2026-01-13T15:04:11","guid":{"rendered":"https:\/\/fabricegrinda.com\/?p=65080"},"modified":"2026-01-13T15:05:15","modified_gmt":"2026-01-13T15:05:15","slug":"atualizacao-do-q4-2025-da-fj-labs","status":"publish","type":"post","link":"https:\/\/grinda.org\/pt-pt\/atualizacao-do-q4-2025-da-fj-labs\/","title":{"rendered":"Atualiza\u00e7\u00e3o do Q4 2025 da FJ Labs"},"content":{"rendered":"\n<p>Amigos do FJ Labs,<\/p>\n\n<p>Esperamos que tenhas tido umas boas f\u00e9rias e agradecemos novamente o teu apoio cont\u00ednuo \u00e0 FJ Labs. Termin\u00e1mos 2025 em grande e estamos entusiasmados por partilhar as nossas \u00faltimas atualiza\u00e7\u00f5es abaixo. <\/p>\n\n<p>Desejamos a todos um 2026 feliz, saud\u00e1vel e pr\u00f3spero!<\/p>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1380\" height=\"262\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2023\/10\/Latest-Updates.png\" alt=\"\" class=\"wp-image-21333\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Latest-Updates.png 1380w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Latest-Updates-768x146.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Latest-Updates-1200x228.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Latest-Updates-1320x251.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<p><strong>Numerai Angaria 30 milh\u00f5es de d\u00f3lares na ronda de financiamento da S\u00e9rie C<\/strong><\/p>\n\n<p><strong>Aumento de 5X na avalia\u00e7\u00e3o desde a angaria\u00e7\u00e3o de 2023<\/strong><\/p>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1417\" height=\"793\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-19.png\" alt=\"\" class=\"wp-image-64508\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-19.png 1417w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-19-768x430.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-19-1200x672.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-19-1320x739.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<p>Um dos nossos investimentos mais interessantes na FJ Labs, <a href=\"https:\/\/blog.numer.ai\/numerai-raises-30m-series-c-at-500m-valuation\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Numerai<\/strong><\/a>, um fundo de cobertura constru\u00eddo em cima do maior torneio de ci\u00eancia de dados do mundo, angariou 30 milh\u00f5es de d\u00f3lares na S\u00e9rie C, liderada pelas melhores dota\u00e7\u00f5es universit\u00e1rias, e avalia a empresa em 500 milh\u00f5es de d\u00f3lares, um aumento de 5X em rela\u00e7\u00e3o \u00e0 sua \u00faltima avalia\u00e7\u00e3o em 2023. Os investidores existentes, incluindo a Union Square Ventures, a Shine Capital e Paul Tudor Jones, tamb\u00e9m participaram. Este marco emocionante surge ap\u00f3s a <a href=\"https:\/\/blog.numer.ai\/jpmorgan-secures-500m-capacity\/\" target=\"_blank\" rel=\"noreferrer noopener\">JPM garantir 500 milh\u00f5es de d\u00f3lares de capacidade no fundo da Numerai.<\/a>   <\/p>\n\n<p>O crescimento da Numerai continua a acelerar: nos \u00faltimos tr\u00eas anos, aumentou o AUM de ~60 milh\u00f5es de d\u00f3lares para 550 milh\u00f5es de d\u00f3lares, incluindo mais 100 milh\u00f5es de d\u00f3lares apenas no m\u00eas passado. Em 2024, o fundo de cobertura de a\u00e7\u00f5es global da Numerai proporcionou um retorno l\u00edquido de 25,45% com apenas um m\u00eas de queda e um Sharpe de 2,75. Com o novo capital pr\u00f3prio e a capacidade da JP Morgan, a empresa est\u00e1 agora posicionada para dimensionar o seu fundo de cobertura de IA para 1B de d\u00f3lares em AUM e mais al\u00e9m.  <\/p>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"234\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2025\/01\/By-the-Numbers-Large.jpeg\" alt=\"\" class=\"wp-image-50627\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/By-the-Numbers-Large.jpeg 1280w, https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/By-the-Numbers-Large-768x140.jpeg 768w, https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/By-the-Numbers-Large-1200x219.jpeg 1200w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1304\" height=\"322\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/by-the-numbers-Q4-2025.png\" alt=\"\" class=\"wp-image-64533\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/by-the-numbers-Q4-2025.png 1304w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/by-the-numbers-Q4-2025-768x190.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/by-the-numbers-Q4-2025-1200x296.png 1200w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1364\" height=\"232\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2025\/01\/Portfolio-News.jpeg\" alt=\"\" class=\"wp-image-50702\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/Portfolio-News.jpeg 1364w, https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/Portfolio-News-768x131.jpeg 768w, https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/Portfolio-News-1200x204.jpeg 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2025\/01\/Portfolio-News-1320x225.jpeg 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"659\" height=\"424\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-20.png\" alt=\"\" class=\"wp-image-64583\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>A Vinted, a nossa maior posi\u00e7\u00e3o no Fundo II, continua a crescer de vento em popa, acelerando para 10 mil milh\u00f5es de euros de GMV e 1 mil milh\u00f5es de euros de receita em 2025, mantendo-se altamente lucrativa \u2014 e os EUA s\u00e3o o pr\u00f3ximo passo! Thomas Plantenga, ex-aluno da FJ Labs e da OLX, tem executado de forma impec\u00e1vel durante anos. (LinkedIn)  <\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"886\" height=\"592\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-21.png\" alt=\"\" class=\"wp-image-64608\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-21.png 886w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-21-768x513.png 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p><a href=\"https:\/\/www.marblehealth.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Marble Health<\/strong><\/a> angariou 15,5 milh\u00f5es de d\u00f3lares na S\u00e9rie A, liderada para continuar a dimensionar os cuidados de sa\u00fade mental integrados nas escolas. Desde o seu lan\u00e7amento no ano passado, a Marble j\u00e1 facilitou mais de 15.000 sess\u00f5es de terapia para crian\u00e7as que, de outra forma, poderiam n\u00e3o ter recebido cuidados. (<a href=\"https:\/\/techfundingnews.com\/marble-raises-15m-series-a-mental-health-students\/\" target=\"_blank\" rel=\"noreferrer noopener\">TechFundingNews<\/a>)<\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"660\" height=\"456\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-22.png\" alt=\"\" class=\"wp-image-64633\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>A Fintech <a href=\"http:\/\/www.yendo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Yendo<\/strong><\/a><strong>, <\/strong>criadora do primeiro cart\u00e3o de cr\u00e9dito garantido por ve\u00edculos, angariou 50 milh\u00f5es de d\u00f3lares na S\u00e9rie B para acelerar a sua expans\u00e3o. Ao desbloquear 4 bili\u00f5es de d\u00f3lares de capital preso de carros e casas, a empresa fornece acesso a produtos de cr\u00e9dito normalmente reservados para clientes super-prime. (<a href=\"https:\/\/www.businesswire.com\/news\/home\/20251009817786\/en\/%2450M-Series-B-Fuels-Yendos-AI-Credit-Platform-Unlocking-%244T-in-Consumer-Assets\" target=\"_blank\" rel=\"noreferrer noopener\">BusinessWire)<\/a><\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"643\" height=\"412\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-23.png\" alt=\"\" class=\"wp-image-64658\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>O mercado europeu de eletr\u00f3nica recondicionada, <a href=\"https:\/\/www.refurbed.ie\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Refurbed<\/strong><\/a><strong>, <\/strong>angariou 50 milh\u00f5es de euros para apoiar uma maior expans\u00e3o geogr\u00e1fica, desta vez focada no Reino Unido. Fundada em 2017, a Refurbed continua a aumentar o crescimento, \u00e9 lucrativa e o GMV aproximou-se de 1 mil milh\u00f5es de euros em 2025. (<a href=\"https:\/\/ecommercenews.eu\/refurbed-raises-funds-for-uk-expansion\/\" target=\"_blank\" rel=\"noreferrer noopener\">eCommerceNews<\/a>)<\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"844\" height=\"376\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-24.png\" alt=\"\" class=\"wp-image-64683\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-24.png 844w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-24-768x342.png 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p><a href=\"https:\/\/www.transparency-analytics.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Transparency Analytics<\/strong><\/a>, uma startup que oferece feedback em tempo real sobre a credibilidade de v\u00e1rias estruturas de d\u00edvida aos credores, concluiu a sua segunda ronda de financiamento liderada pela Deciens Capital. (<a href=\"https:\/\/thefintechtimes.com\/transparency-analytics-secures-econd-funding-round-to-transform-private-credit-ratings\/\" target=\"_blank\" rel=\"noreferrer noopener\">FintechTimes<\/a>)<\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"751\" height=\"381\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-25.png\" alt=\"\" class=\"wp-image-64708\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p><a href=\"https:\/\/juo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Juo<\/strong><\/a><strong>, <\/strong>uma startup sediada em Vars\u00f3via que constr\u00f3i tecnologia para dimensionar assinaturas baseadas em produtos f\u00edsicos, angariou 4 milh\u00f5es de euros em financiamento inicial para expandir as suas capacidades, liderada pela Market One Capital. (<a href=\"https:\/\/www.eu-startups.com\/2025\/11\/polish-startup-juo-raises-e4-million-to-help-businesses-build-and-manage-physical-product-subscriptions?trk=public_post_comment-text\" target=\"_blank\" rel=\"noreferrer noopener\">EuStartups<\/a>)<\/p>\n<\/div>\n<\/div>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1368\" height=\"262\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2023\/10\/Media-More.png\" alt=\"\" class=\"wp-image-21344\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Media-More.png 1368w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Media-More-768x147.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Media-More-1200x230.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Media-More-1320x253.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"659\" height=\"304\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-26.png\" alt=\"\" class=\"wp-image-64734\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>O Danske Bank organizou um evento gravado com Fabrice, onde ele discute o impacto da IA nos mercados, as tend\u00eancias emergentes do mercado e as suas preocupa\u00e7\u00f5es sobre uma bolha de IA. Uma grava\u00e7\u00e3o completa e os slides usados na apresenta\u00e7\u00e3o de Fabrice podem ser encontrados <a href=\"https:\/\/play2.qbrick.com\/qplayer\/index.html?accountId=AccxTF6yYg860ethQmQocFxVA&amp;mediaId=0b2e05e3-7167-48db-b63f-717d93e835c5&amp;configId=Enterprise\" target=\"_blank\" rel=\"noreferrer noopener\">aqui<\/a>. <\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1345\" height=\"811\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-27.png\" alt=\"\" class=\"wp-image-64759\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-27.png 1345w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-27-768x463.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-27-1200x724.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-27-1320x796.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Fabrice desfrutou de uma <a href=\"https:\/\/fabricegrinda.com\/pt-pt\/podcast-startupable-com-enzo-cavalie\/\" target=\"_blank\" rel=\"noreferrer noopener\">conversa abrangente<\/a> com <a href=\"https:\/\/www.linkedin.com\/in\/enzo-cavalie\/\" target=\"_blank\" rel=\"noreferrer noopener\">Enzo Cavalie<\/a>, fundador da Startupable, o podcast de startups mais ouvido em espanhol, onde ele discute o impacto da IA nos mercados, a oportunidade de bili\u00f5es de d\u00f3lares na digitaliza\u00e7\u00e3o B2B e muito mais.<\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"659\" height=\"376\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-28.png\" alt=\"\" class=\"wp-image-64784\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Na <a href=\"https:\/\/www.adfw.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Abu Dhabi Finance Week<\/a>, Jose subiu ao palco para discutir a \u201cf\u00f3rmula do unic\u00f3rnio\u201d e o que \u00e9 realmente necess\u00e1rio para apoiar uma empresa de mil milh\u00f5es de d\u00f3lares. Como um dos investidores em fase inicial mais ativos globalmente, Jose partilhou os sinais em que n\u00f3s da FJ Labs pass\u00e1mos a confiar, do instinto aos dados, pre\u00e7os e paci\u00eancia. <\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1096\" height=\"680\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-29.png\" alt=\"\" class=\"wp-image-64809\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-29.png 1096w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-29-768x476.png 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>N\u00e3o te esque\u00e7as de conferir <a href=\"https:\/\/www.youtube.com\/watch?time_continue=10&amp;v=cifMOkd9ELQ&amp;embeds_referring_euri=https%3A%2F%2Ffabricegrinda.com%2F&amp;source_ve_path=Mjg2NjY\" target=\"_blank\" rel=\"noreferrer noopener\">Fabrice no podcast VC10X<\/a> com o anfitri\u00e3o <a href=\"https:\/\/www.linkedin.com\/in\/choubeysahab\/\" target=\"_blank\" rel=\"noreferrer noopener\">Prasant Choubey<\/a>. Eles aprofundam a jornada pessoal de Fabrice, desde deixar a McKinsey aos 23 anos para perseguir o sonho empreendedor, at\u00e9 \u00e0 estrat\u00e9gia de \u201cesparguete na parede\u201d de lan\u00e7ar a OLX em mais de 100 pa\u00edses simultaneamente. <\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"996\" height=\"562\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-30.png\" alt=\"\" class=\"wp-image-64834\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-30.png 996w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-30-768x433.png 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>O parceiro da FJ Labs, Jeff Weinstein, explica a mec\u00e2nica de avalia\u00e7\u00e3o de mais de 200 startups a cada semana na FJ Labs, o que separa as empresas financi\u00e1veis das tamb\u00e9m-corredoras e a forma como a IA est\u00e1 a remodelar tanto os neg\u00f3cios de mercado quanto a pr\u00f3pria ind\u00fastria de capital de risco no <a href=\"https:\/\/www.youtube.com\/watch?v=bKENyaFb7fg&amp;t=1408s\" target=\"_blank\" rel=\"noreferrer noopener\">podcast recente da R136 Ventures<\/a>.<\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"659\" height=\"332\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-31.png\" alt=\"\" class=\"wp-image-64859\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>No evento <a href=\"https:\/\/fii-institute.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">FII Institute<\/a> deste ano em Riade, Jeff falou num painel de Kauffman Fellows sobre a \u201cEvolu\u00e7\u00e3o de uma empresa de VC\u201d ao lado de GPs da Monashees &amp; Deciens. O grupo aprofundou as principais mudan\u00e7as de mentalidade e as mudan\u00e7as estruturais necess\u00e1rias para dimensionar um fundo numa empresa. <\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1280\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-32.png\" alt=\"\" class=\"wp-image-64884\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-32.png 2560w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-32-768x384.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-32-1536x768.png 1536w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-32-2048x1024.png 2048w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-32-1200x600.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-32-1320x660.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Para quem perdeu, Fabrice partilhou o seu muito aguardado <a href=\"https:\/\/www.fabricegrinda.com\/2025-holiday-gadget-gift-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">guia anual de gadgets de f\u00e9rias para 2025<\/a>. Ele fez v\u00e1rias atualiza\u00e7\u00f5es para vers\u00f5es anteriores e tamb\u00e9m introduziu muitos gadgets centrados nas crian\u00e7as, desde carrinhos, a bicicletas de carga, at\u00e9 \u00e0 melhor bagagem de viagem. <\/p>\n<\/div>\n<\/div>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1374\" height=\"270\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2023\/10\/Team-News.png\" alt=\"\" class=\"wp-image-21339\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Team-News.png 1374w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Team-News-768x151.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Team-News-1200x236.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2023\/10\/Team-News-1320x259.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1054\" height=\"594\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-33.png\" alt=\"\" class=\"wp-image-64911\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-33.png 1054w, https:\/\/grinda.org\/wp-content\/uploads\/2026\/01\/image-33-768x433.png 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>N\u00e3o te esque\u00e7as de conferir a primeira parte do mergulho profundo de duas partes de <a href=\"https:\/\/www.linkedin.com\/in\/dannynbrowne\/\" target=\"_blank\" rel=\"noreferrer noopener\">Danny Brown<\/a> &amp; <a href=\"https:\/\/www.linkedin.com\/in\/camila-bustamante-b72016188\/\" target=\"_blank\" rel=\"noreferrer noopener\">Camila Bustamante<\/a> na <a href=\"https:\/\/dannybrowne.substack.com\/p\/the-abcs-of-asset-backed-credit-early\" target=\"_blank\" rel=\"noreferrer noopener\">pr\u00f3xima gera\u00e7\u00e3o de cr\u00e9dito garantido por ativos<\/a>. Eles exploram como o ABC est\u00e1 a come\u00e7ar a dimensionar como software, por que este ciclo \u00e9 diferente e o que os primeiros vencedores est\u00e3o a ensinar-nos. <\/p>\n<\/div>\n<\/div>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"659\" height=\"438\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2026\/01\/image-34.png\" alt=\"\" class=\"wp-image-64936\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>No esp\u00edrito da \u00e9poca festiva, a FJ Labs fez uma parceria com a institui\u00e7\u00e3o de caridade local de Nova Iorque, <a href=\"https:\/\/www.rmh-newyork.org\/pages\/support-the-house\/?form=dec-tribute&amp;c_src=gs_pmax_&amp;c_src2=highval&amp;utm_source=performancemax&amp;utm_medium=display&amp;utm_campaign=highval&amp;utm_term=tribute_match&amp;gad_source=1&amp;gad_campaignid=22449154948&amp;gbraid=0AAAAAonCueUymIM5pbXby19zSSHZY9lPG&amp;gclid=CjwKCAiAl-_JBhBjEiwAn3rN7acdxnYQ4qcVlPNYRVhvlR7iJiaQdA-2t6N66dskwpdqKGp-ZARikhoC1QUQAvD_BwE\" target=\"_blank\" rel=\"noreferrer noopener\">City Harvest<\/a>, uma organiza\u00e7\u00e3o sem fins lucrativos dedicada ao resgate de alimentos e ao al\u00edvio da fome. A equipa da FJ embalou mais de 2.000 sacos de produtos frescos em por\u00e7\u00f5es de tamanho familiar para distribui\u00e7\u00e3o a despensas de alimentos em toda a cidade.  <\/p>\n<\/div>\n<\/div>\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"3755\" height=\"511\" src=\"https:\/\/fabricegrinda.com\/wp-content\/uploads\/2024\/04\/image-17.png\" alt=\"\" class=\"wp-image-22822\" style=\"aspect-ratio:7.349617207437112;object-fit:contain;width:120px\" srcset=\"https:\/\/grinda.org\/wp-content\/uploads\/2024\/04\/image-17.png 3755w, https:\/\/grinda.org\/wp-content\/uploads\/2024\/04\/image-17-768x105.png 768w, https:\/\/grinda.org\/wp-content\/uploads\/2024\/04\/image-17-1536x209.png 1536w, https:\/\/grinda.org\/wp-content\/uploads\/2024\/04\/image-17-2048x279.png 2048w, https:\/\/grinda.org\/wp-content\/uploads\/2024\/04\/image-17-1200x163.png 1200w, https:\/\/grinda.org\/wp-content\/uploads\/2024\/04\/image-17-1320x180.png 1320w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amigos do FJ Labs, Esperamos que tenhas tido umas boas f\u00e9rias e agradecemos novamente o teu apoio cont\u00ednuo \u00e0 FJ Labs. Termin\u00e1mos 2025 em grande e estamos entusiasmados por partilhar as nossas \u00faltimas atualiza\u00e7\u00f5es abaixo. Desejamos a todos um 2026 feliz, saud\u00e1vel e pr\u00f3spero! Numerai Angaria 30 milh\u00f5es de d\u00f3lares na ronda de financiamento da S\u00e9rie C Aumento de 5X na avalia\u00e7\u00e3o desde a angaria\u00e7\u00e3o de 2023 Um dos nossos investimentos mais interessantes na FJ Labs, Numerai, um fundo de cobertura constru\u00eddo em cima do maior torneio de ci\u00eancia de dados do mundo, angariou 30 milh\u00f5es de d\u00f3lares na S\u00e9rie<\/p>\n","protected":false},"author":9,"featured_media":65004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[861],"tags":[],"class_list":["post-65080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laboratorios-fj-pt-pt"],"acf":[],"contentUpdated":"Atualiza\u00e7\u00e3o do Q4 2025 da FJ Labs. Categories - Laborat\u00f3rios FJ. Date-Posted - 2026-01-13T15:04:11 . \n Amigos do FJ Labs,\n Esperamos que tenhas tido umas boas f\u00e9rias e agradecemos novamente o teu apoio cont\u00ednuo \u00e0 FJ Labs. Termin\u00e1mos 2025 em grande e estamos entusiasmados por partilhar as nossas \u00faltimas atualiza\u00e7\u00f5es abaixo. \n Desejamos a todos um 2026 feliz, saud\u00e1vel e pr\u00f3spero!\n Numerai Angaria 30 milh\u00f5es de d\u00f3lares na ronda de financiamento da S\u00e9rie C\n Aumento de 5X na avalia\u00e7\u00e3o desde a angaria\u00e7\u00e3o de 2023\n Um dos nossos investimentos mais interessantes na FJ Labs, Numerai, um fundo de cobertura constru\u00eddo em cima do maior torneio de ci\u00eancia de dados do mundo, angariou 30 milh\u00f5es de d\u00f3lares na S\u00e9rie C, liderada pelas melhores dota\u00e7\u00f5es universit\u00e1rias, e avalia a empresa em 500 milh\u00f5es de d\u00f3lares, um aumento de 5X em rela\u00e7\u00e3o \u00e0 sua \u00faltima avalia\u00e7\u00e3o em 2023. Os investidores existentes, incluindo a Union Square Ventures, a Shine Capital e Paul Tudor Jones, tamb\u00e9m participaram. Este marco emocionante surge ap\u00f3s a JPM garantir 500 milh\u00f5es de d\u00f3lares de capacidade no fundo da Numerai.   \n O crescimento da Numerai continua a acelerar: nos \u00faltimos tr\u00eas anos, aumentou o AUM de ~60 milh\u00f5es de d\u00f3lares para 550 milh\u00f5es de d\u00f3lares, incluindo mais 100 milh\u00f5es de d\u00f3lares apenas no m\u00eas passado. Em 2024, o fundo de cobertura de a\u00e7\u00f5es global da Numerai proporcionou um retorno l\u00edquido de 25,45% com apenas um m\u00eas de queda e um Sharpe de 2,75. Com o novo capital pr\u00f3prio e a capacidade da JP Morgan, a empresa est\u00e1 agora posicionada para dimensionar o seu fundo de cobertura de IA para 1B de d\u00f3lares em AUM e mais al\u00e9m.  \n A Vinted, a nossa maior posi\u00e7\u00e3o no Fundo II, continua a crescer de vento em popa, acelerando para 10 mil milh\u00f5es de euros de GMV e 1 mil milh\u00f5es de euros de receita em 2025, mantendo-se altamente lucrativa \u2014 e os EUA s\u00e3o o pr\u00f3ximo passo! Thomas Plantenga, ex-aluno da FJ Labs e da OLX, tem executado de forma impec\u00e1vel durante anos. (LinkedIn)  \n Marble Health angariou 15,5 milh\u00f5es de d\u00f3lares na S\u00e9rie A, liderada para continuar a dimensionar os cuidados de sa\u00fade mental integrados nas escolas. Desde o seu lan\u00e7amento no ano passado, a Marble j\u00e1 facilitou mais de 15.000 sess\u00f5es de terapia para crian\u00e7as que, de outra forma, poderiam n\u00e3o ter recebido cuidados. (TechFundingNews)\n A Fintech Yendo, criadora do primeiro cart\u00e3o de cr\u00e9dito garantido por ve\u00edculos, angariou 50 milh\u00f5es de d\u00f3lares na S\u00e9rie B para acelerar a sua expans\u00e3o. Ao desbloquear 4 bili\u00f5es de d\u00f3lares de capital preso de carros e casas, a empresa fornece acesso a produtos de cr\u00e9dito normalmente reservados para clientes super-prime. (BusinessWire)\n O mercado europeu de eletr\u00f3nica recondicionada, Refurbed, angariou 50 milh\u00f5es de euros para apoiar uma maior expans\u00e3o geogr\u00e1fica, desta vez focada no Reino Unido. Fundada em 2017, a Refurbed continua a aumentar o crescimento, \u00e9 lucrativa e o GMV aproximou-se de 1 mil milh\u00f5es de euros em 2025. (eCommerceNews)\n Transparency Analytics, uma startup que oferece feedback em tempo real sobre a credibilidade de v\u00e1rias estruturas de d\u00edvida aos credores, concluiu a sua segunda ronda de financiamento liderada pela Deciens Capital. (FintechTimes)\n Juo, uma startup sediada em Vars\u00f3via que constr\u00f3i tecnologia para dimensionar assinaturas baseadas em produtos f\u00edsicos, angariou 4 milh\u00f5es de euros em financiamento inicial para expandir as suas capacidades, liderada pela Market One Capital. (EuStartups)\n O Danske Bank organizou um evento gravado com Fabrice, onde ele discute o impacto da IA nos mercados, as tend\u00eancias emergentes do mercado e as suas preocupa\u00e7\u00f5es sobre uma bolha de IA. Uma grava\u00e7\u00e3o completa e os slides usados na apresenta\u00e7\u00e3o de Fabrice podem ser encontrados aqui. \n Fabrice desfrutou de uma conversa abrangente com Enzo Cavalie, fundador da Startupable, o podcast de startups mais ouvido em espanhol, onde ele discute o impacto da IA nos mercados, a oportunidade de bili\u00f5es de d\u00f3lares na digitaliza\u00e7\u00e3o B2B e muito mais.\n Na Abu Dhabi Finance Week, Jose subiu ao palco para discutir a \u201cf\u00f3rmula do unic\u00f3rnio\u201d e o que \u00e9 realmente necess\u00e1rio para apoiar uma empresa de mil milh\u00f5es de d\u00f3lares. Como um dos investidores em fase inicial mais ativos globalmente, Jose partilhou os sinais em que n\u00f3s da FJ Labs pass\u00e1mos a confiar, do instinto aos dados, pre\u00e7os e paci\u00eancia. \n N\u00e3o te esque\u00e7as de conferir Fabrice no podcast VC10X com o anfitri\u00e3o Prasant Choubey. Eles aprofundam a jornada pessoal de Fabrice, desde deixar a McKinsey aos 23 anos para perseguir o sonho empreendedor, at\u00e9 \u00e0 estrat\u00e9gia de \u201cesparguete na parede\u201d de lan\u00e7ar a OLX em mais de 100 pa\u00edses simultaneamente. \n O parceiro da FJ Labs, Jeff Weinstein, explica a mec\u00e2nica de avalia\u00e7\u00e3o de mais de 200 startups a cada semana na FJ Labs, o que separa as empresas financi\u00e1veis das tamb\u00e9m-corredoras e a forma como a IA est\u00e1 a remodelar tanto os neg\u00f3cios de mercado quanto a pr\u00f3pria ind\u00fastria de capital de risco no podcast recente da R136 Ventures.\n No evento FII Institute deste ano em Riade, Jeff falou num painel de Kauffman Fellows sobre a \u201cEvolu\u00e7\u00e3o de uma empresa de VC\u201d ao lado de GPs da Monashees &amp; Deciens. O grupo aprofundou as principais mudan\u00e7as de mentalidade e as mudan\u00e7as estruturais necess\u00e1rias para dimensionar um fundo numa empresa. \n Para quem perdeu, Fabrice partilhou o seu muito aguardado guia anual de gadgets de f\u00e9rias para 2025. Ele fez v\u00e1rias atualiza\u00e7\u00f5es para vers\u00f5es anteriores e tamb\u00e9m introduziu muitos gadgets centrados nas crian\u00e7as, desde carrinhos, a bicicletas de carga, at\u00e9 \u00e0 melhor bagagem de viagem. \n N\u00e3o te esque\u00e7as de conferir a primeira parte do mergulho profundo de duas partes de Danny Brown &amp; Camila Bustamante na pr\u00f3xima gera\u00e7\u00e3o de cr\u00e9dito garantido por ativos. Eles exploram como o ABC est\u00e1 a come\u00e7ar a dimensionar como software, por que este ciclo \u00e9 diferente e o que os primeiros vencedores est\u00e3o a ensinar-nos. \n No esp\u00edrito da \u00e9poca festiva, a FJ Labs fez uma parceria com a institui\u00e7\u00e3o de caridade local de Nova Iorque, City Harvest, uma organiza\u00e7\u00e3o sem fins lucrativos dedicada ao resgate de alimentos e ao al\u00edvio da fome. A equipa da FJ embalou mais de 2.000 sacos de produtos frescos em por\u00e7\u00f5es de tamanho familiar para distribui\u00e7\u00e3o a despensas de alimentos em toda a cidade.  \n ","Category":["Laborat\u00f3rios FJ"],"_links":{"self":[{"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/posts\/65080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/comments?post=65080"}],"version-history":[{"count":1,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/posts\/65080\/revisions"}],"predecessor-version":[{"id":65081,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/posts\/65080\/revisions\/65081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/media\/65004"}],"wp:attachment":[{"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/media?parent=65080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/categories?post=65080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grinda.org\/pt-pt\/wp-json\/wp\/v2\/tags?post=65080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}