BNDES selects manager to oversee fund for Brazil startups
Brazilian development bank BNDES selected local asset management firm Domo Invest to oversee a fund to support startups with financing.
Part of the bank's equity arm BNDESPar, the fund is expected to be active for 10 years and reach assets of 100mn reais (US$25.7mn) at the end of the period, BNDES said in a release.
The fund may initially invest up to 500,000 reais in each startup with a focus on those with annual revenues of up to 1mn reais. The priority sectors include fintech, agribusiness, and health care.
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News in: ICT (Brazil)
Infinera projects growth, closes new contracts amid system upgrades
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IHS Towers beats 2023 deployment targets, driven by Brazil
The company planned to deploy 1,250 new towers globally last year and approximately 750 in Brazil.
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Other projects in: ICT
Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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3 months ago
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3 months ago
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4 months ago
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Other companies in: ICT (Brazil)
Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: BoostLAB
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Centro de Estudos e Sistemas Avançados do Recife (CESAR)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Consorcio Telefónica Brasil S.A.-TIM S.A.-Claro Telecom Participações S.A.-Aquamar-ClickIP/ICOM Telecom-SEA Telecom Brasil-BRfibra Telecomunicações... (Consorcio Telefónica Brasil-TIM-Claro Telecom Participações-Aquamar-ClickIP/ICOM Telecom-SEA Telecom Brasil-BRfibra Telecomunicações-Alloha Fibra-Ozônio Telecom-PPLINK-VOCE Telecom-V.tal Rede Neutra de Telecomunicações)
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Consorcio Telefónica Brasil S.A.-TIM S.A.-Claro Telecom Participações S.A.-Aquamar-ClickIP/ICOM Telecom-SEA Telecom Brasil-BRfibra Telecomunicações-Alloha Fibra-Ozônio Telecom I...
- Company: Sitecnet Informatica Ltda. (Tely Telecomunicações)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Sistema Nova Ambiental
- Company: Seja Digital EAD (Seja Digital)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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