INTERVIEW: Minerva lines up first VC investment

INTERVIEW: Minerva lines up first VC investment

Corporate & Sovereign Strategy Economy & Policy Latin America Brazil

Brazilian food company Minerva intends to make the first investment through a newly-formed venture capital fund before the end of August as it prepares to spend a total of $30 million to acquire stakes in 10 startup companies related to its business, CFO Edison Ticle said in an interview with LatinFinance. Minerva plans to use the fund to invest between $1 million and $5 million in small companies in agricultural technology (agtech), food retail and alternative proteins, Ticle said. The first in

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial