BR Startups Fund announces new investment selection process

Registrations were extended until July 22

The BR Startups Fund announced the opening of the selection process for investment in multi-sector startups until the 22nd of July. Formed by large corporations - Microsoft, Banco Votorantim, Monsanto, Grupo Algar, Banco do Brasil Seguros, Qualcomm, ES Ventures and AgeRio - and under the management of MSW Capital, BR Startups invests between R$500 thousand to R$ 3 million to help startups make the connection between the angel investment phase and a “Series-A” investment round and encourage Brazilian companies to support new entrepreneurs. Last year, three investments were made in the agritech, fintech and insurtech segments. 
 
The encouraged startups receive continuous support from the corporate investors of BR Startups and the manager, which includes from strategic orientation to the improvement of the technology of products / services, access to the commercial network and the creation of necessary conditions for future investment rounds.
 
“More than financial resources, BR Startups makes a difference by carefully managing the link between invested companies and the large corporations that participate in the fund, creating a healthy exchange environment that provides the generation of value for each investee. In this way, we are able to deliver Smart Capital in a practical and dynamic way ”, explains Richard Zeiger, partner at MSW Capital.
 
Focused on technology-based innovation, the selection seeks solutions capable of transforming the way we learn, produce, save and consume. The idea is to look at all segments, and with a greater emphasis on business in the areas of agritech, fintech, insurtech, edutech, healthtech and service platforms for SMEs. 
 
“BR Startups directs investments to startups that demonstrate strong innovation potential. The focus is on promoting digital transformation in companies in strategic sectors, ”says Franklin Lights, COO of Microsoft Participações and a founding investor.
 
The selection made by the companies participating in the fund considers that the startup has at least two dedicated founders, preferably one with a focus on marketing and sales and the other on technology and product or service development and that has already had revenues of at least R$ 60 thousand in the last 12 months.
 
Since its creation in 2014, the Fund has raised R$ 27 million. In 2017, it invested in the companies TBIT (Agritech), QueroQuitar (Fintech) and Car10 (Insurtech), after analyzing more than 250 opportunities.
 
Registration for the 1st phase of the selection process will be open until July 2. To sign up, go to: http://mswbrstartups.com.br/chamada/.