Banco do Brasil CVC

Overview

Banco do Brasil CVC is a corporate venture capital program initiated by Banco do Brasil, managed by VOX Capital, focusing on impact-driven startups in Brazil. The program aims to foster innovation and address socio-environmental challenges through strategic investments. The program primarily targets startups in the fintech, agtech, and govtech sectors, seeking solutions that align with Banco do Brasil's mission and contribute to the development of the Brazilian economy. Investments are made at various stages, including seed, early, and growth phases, with a geographical focus on Brazil. Banco do Brasil CVC has been active in the Brazilian startup ecosystem, evaluating over a thousand startups and maintaining a portfolio of 51 invested companies across five investment funds. The program has expanded its capital and broadened its scope to include themes such as bioeconomy, ESG (Environmental, Social, and Governance), and DEI (Diversity, Equity, and Inclusion), reinforcing its commitment to innovation and sustainable development. Investment requirements include alignment with Banco do Brasil's strategic objectives and a focus on socio-environmental impact. The program does not publicly disclose specific investment sizes, emphasizing strategic fit and potential impact over financial metrics. VOX Capital, the managing partner, is a Brazilian impact investment firm that combines financial returns with social and environmental transformation. They operate in three strategic areas: Venture Capital, Private Credit, and Nature-Based Solutions, aiming to address significant social, environmental, and economic challenges through scalable solutions. Banco do Brasil CVC's track record includes investments in various sectors, with a particular emphasis on fintech, agtech, and govtech startups. The program's philosophy centers on intentionality and return, connecting large corporations to impactful startups and accelerating the innovation ecosystem with a focus on positive socio-environmental outcomes. For more detailed information, please refer to Banco do Brasil's official website and VOX Capital's platform, which provide comprehensive insights into the program's objectives, portfolio, and investment strategies.

Investment Focus

• Alignment with Banco do Brasil's strategic objectives
• Focus on socio-environmental impact