31 May 2018
Trendlines Incubators Israel has entered into a cooperation agreement with Sirius Venture Capital e Participacoes Ltda (“Sirius VC”). Sirius VC is an investment group from Goiânia, Brazil, managed by partners Felipe Pinho da Costa, Marcos Alberto Bernardo de Campos, Cidinaldo Wilson Boschini Martins Pereira Filho, Pedro França, and Gabriel Schimchak.
According to the agreement, Trendlines Incubators Israel will identify portfolio companies suitable for co-investment and present them to Sirius VC. If all parties accept, Sirius VC will invest a minimum of $50,000 in each portfolio company. This initial investment is a first step to other additional business developments between Sirius VC and the portfolio company, including additional investment, clinical or field trials, and commercial opportunities.
About Sirius Venture Capital e Participacoes Ltda.
Sirius Venture Capital invests in early-stage start-ups. Sirius VC invests in innovative, digital, and scalable businesses. Sirius VC supports bold entrepreneurs who move fast, think big, and are committed to building the next big technology company in fintech, agro, lawtech, medical, and others. Sirius VC does not invest in media (adtech),government, e-commerce (that sell products), games or hardware. In addition, Sirius VC evaluates other aspects such as business model, traction, time, and TAM (Total Addressable Market). Sirius VC provides entrepreneurs with access to expertise and insights in innovation, executive and technical talent, market intelligence, policy and regulatory affairs, business development, and marketing and brand-building.
Sirius VC has a stake in the largest start-up accelerator in Brazil, ACE GYNTEC, at its unit located in the city of Goiânia, Brazil. ACE GYNTEC invests in start-ups that are in the scalability phase. Investment is $50,000 per start-up.
The market potential of Brazil and South America as a whole is huge. Partnering with a company like Sirius VC is mutually beneficial to both parties. Our portfolio companies have much to gain, not only from direct investment, but also from exposure to new market players, and opportunities for establishing partnerships in Brazil in the medical and agrifood sectors. The collaboration agreement with Sirius VC represents an important element of the intensive support we provide to our portfolio companies that includes access to our global network of multinationals such as B. Braun, Bayer Crop Science, and Nutreco Investments.
Trendlines Incubators Israel CEO Nitza Kardish, PhD
[I] believe in a long-term partnership with Trendlines Incubators Israel. Brazil and Goias state have a huge need for start-ups, innovation, high technology and entrepreneurship – and Israel is our role model.
Agriculture and healthcare are the key issues for Brazil in the next years. We believe these two segments will push a new economic development cycle in the coming years. Both these sectors are highly complementary with Trendlines’ core business.
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