TLDR:
- Valetec Capital, a Brazilian CVC as a service provider, has launched a venture builder division.
- The new division will help companies develop new business areas and manage startups in exchange for a fee and equity in the startups.
Valetec Capital recently launched a venture builder division to operate under an “as a service” model. This new division aims to assist companies in developing new business areas and building and managing startups from the ground up. In exchange for their services, Valetec will charge a fee and take a percentage of equity in the startups they help build. This new venture builder division is separate from Valetec’s CVC area, with a different team and focus, according to Peter Seiffert, Valetec’s Founder and CEO.
Founded in 2020, Valetec Capital provides consulting services and manages CVC funds for companies. With over $185M in assets under management, Valetec manages CVC funds for corporates like ArcelorMittal, Dexco, Eurofarma, and Locaweb. This new venture builder division marks a significant expansion for Valetec Capital as they continue to support and grow startups in Latin America.