CVCs move forward in Series B and choose more strategy and less FOMO - Startups

▤ Summary

The Brazilian CVC market has become more selective and strategic after the startup hype cycle. A recent study found that corporate venture funds took part in 66 investment rounds between July 2024 and June 2025, with about US$700 million invested. Seed rounds still dominated, but Series A and Series B deals also represented a meaningful share of activity. The report shows Brazilian CVCs taking a stronger leadership role in deals, signaling greater confidence and discipline in how corporations work with startups. This shift suggests longer-term collaboration between corporates and startups, especially where companies want influence, strategic learning, and optionality across emerging technologies.

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