Brazilian CVC as a service provider Valetec Capital launched a venture builder division.
The new division will operate under an “as a service” model, helping companies develop new business areas and building and managing startups from the ground up. In exchange, Valetec will charge a fee and take 5% to 15% equity in the startups it helps build.
“Valetec Venture Builder was created as an independent division, separated from our CVC area, with a different team and another focus,” said Peter Seiffert, Valetec’s Founder and CEO.
Founded in 2020, Valetec provides consulting services and creates and manages CVC funds for companies. Valetec has over $185M in assets under management and manages the CVC funds for corporates ArcelorMittal, Dexco, Eurofarma, and Locaweb.
Read more on NeoFeed.