Rei do Pitaco Secures u$s 18 Million To Boost Its Expansion

Brazil.– October 16th, 2025 – www.zonadeazar.com Brazilian fantasy sports platform Rei do Pitaco has secured a USD 18 million investment from PvX Partners to accelerate its growth and strengthen its presence in the competitive Brazilian online betting market.

Overview

Founded by Emmanuel Siqueira and Mateus Dantas, Rei do Pitaco has become one of Latin America’s leading iGaming startups. The capital injection underlines its commitment to merging sports, data analysis, and responsible gaming.

Details / Context

The funding from PvX Partners —a venture capital firm focused on digital technology and consumer platforms— will be used to scale infrastructure, enhance user experience, and expand across Latin America.
With over two million active users, the company aims to leverage the growing popularity of fantasy football and Brazil’s new fixed-odds betting regulations.

Future Outlook

Rei do Pitaco plans to integrate artificial intelligence features, strengthen player retention, and build partnerships with professional football leagues. CEO Mateus Dantas emphasized the company’s vision to “turn sport into a safe, engaging, and data-driven experience”.

Industry Impact

This strategic investment comes at a decisive time for Brazil’s regulated betting industry, highlighting Rei do Pitaco’s role as a domestic leader in digital innovation and regulatory compliance.

🔗 Edited by: @_fonta www.zonadeazar.com