Telefónica strengthens its AI investment in Brazil with Vivo Ventures in Squad.com

TechnologyInternationalCinco DíasOct 23, 2026, 10:15 PM45 s readAI summary

Telefónica strengthened its bet on artificial intelligence in Brazil with a strategic investment by Vivo Ventures, its corporate venture capital fund, in Squad.com, an autonomous agents platform from Brazilian company Inner AI. The deal combines funding with a commercial alliance to extend the use of AI tools among SMEs, through Vivo's base of around 1.8 million business customers. The amount was not made public. The investment extends Inner AI's latest round, whose previous seed round raised 30 million reais.

In 45 seconds

Vivo Ventures, Telefónica Brasil's fund created in 2022, invests in Squad.com, Inner AI's AI agents platform; the amount was not disclosed.
The deal includes a commercial alliance to bring AI tools to SMEs through Vivo's network, with nearly 1.8 million business customers.
The investment extends Inner AI's latest round, whose previous seed round raised 30 million reais with Canary and ONEVC as main co-investors.

Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

Telefónica
Vivo Ventures
Inner AI
inteligencia artificial
Brasil

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Telefónica strengthens its AI investment in Brazil with Vivo Ventures in Squad.com

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