Startup Farm, the most experienced digital accelerator in Latin America in number of accelerated companies, has just received an investment of R$ 5.3 million, which will be invested in expanding the operation and making investments in the startups of its portfolio. The accelerator plans to further increase the frequency of its itinerant acceleration programs within Brazil and also plans to expand the operation to other countries.
The investment was made by entrepreneur Carlos André Montenegro, founder of the first perfume and cosmetics e-commerce in Brazil, Sack's, purchased in 2010 by Sephora, which belongs to the luxury group LVMH. In addition to his own entrepreneurial background, Carlos André comes from a family of entrepreneurs who were the founders of the IBOPE research institute, sold at the end of last year to the British media group WPP.
“With this investment, I hope to help leverage Startup Farm's actions and, consequently, the Brazilian entrepreneurial ecosystem. We will be able to assist even more startups, maintaining the excellence of our acceleration program. I am sure that soon we will see spectacular new companies appear in the country, ”says the new partner.
Carlos André joins Felipe Matos, founder of Startup Farm, and Alan Leite, CEO of the accelerator, on the board of Startup Farm Investimentos S / A, a new company created to invest in startups. "Since the foundation, our dream was to be able to make investments in startups that we accelerate and this will now be possible with this contribution", says Felipe Matos.
Startup Farm is an accelerator that aims to foster entrepreneurship through entrepreneurial education, culture and access to investment to startups at an early stage. By placing the entrepreneur as the central axis of its performance, Startup Farm offers participants in its programs exposure to a wide network of mentors and facilitators that, together with its institutional partners, academics, large companies and investors, have generated successful cases in the Brazilian and international market, such as EasyTaxi, WorldPackers, Social Miner, Nexer, NetShow.me, UpPoints, InfoPrice, Beauty Date (Beauty Agenda) among many others. Leader in Latin America in number of accelerated startups, it has already supported 160 startups, which together collected more than R$ 200 million in investments and have a market value above R$ 3.3 billion.
The investment was made by entrepreneur Carlos André Montenegro, founder of the first perfume and cosmetics e-commerce in Brazil, Sack's, purchased in 2010 by Sephora, which belongs to the luxury group LVMH. In addition to his own entrepreneurial background, Carlos André comes from a family of entrepreneurs who were the founders of the IBOPE research institute, sold at the end of last year to the British media group WPP.
“With this investment, I hope to help leverage Startup Farm's actions and, consequently, the Brazilian entrepreneurial ecosystem. We will be able to assist even more startups, maintaining the excellence of our acceleration program. I am sure that soon we will see spectacular new companies appear in the country, ”says the new partner.
Carlos André joins Felipe Matos, founder of Startup Farm, and Alan Leite, CEO of the accelerator, on the board of Startup Farm Investimentos S / A, a new company created to invest in startups. "Since the foundation, our dream was to be able to make investments in startups that we accelerate and this will now be possible with this contribution", says Felipe Matos.
Startup Farm is an accelerator that aims to foster entrepreneurship through entrepreneurial education, culture and access to investment to startups at an early stage. By placing the entrepreneur as the central axis of its performance, Startup Farm offers participants in its programs exposure to a wide network of mentors and facilitators that, together with its institutional partners, academics, large companies and investors, have generated successful cases in the Brazilian and international market, such as EasyTaxi, WorldPackers, Social Miner, Nexer, NetShow.me, UpPoints, InfoPrice, Beauty Date (Beauty Agenda) among many others. Leader in Latin America in number of accelerated startups, it has already supported 160 startups, which together collected more than R$ 200 million in investments and have a market value above R$ 3.3 billion.
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