Oria Capital launching tech investment fund in Brazil
Oria Capital is launching a new 250mn real (US$78mn) fund in Brazil focused on technology companies, local daily Valor Econômico reported.
The fund, formerly known as DLM Private Equity, is aimed at buying minority stakes in companies with revenues between 15mn reais and 150mn reais that have already reached profitability.
The investments will range from 10mn to 50mn reais and the targets are B2B companies.
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