Nexmuv launches The Garage IA with US$10 million investment and a R$1 billion target
Summary
Nexmuv launched The Garage IA as a new subsidiary focused on diagnosing business challenges and building AI agents for Brazilian companies. The company plans to invest US$10 million in the operation between 2027 and 2031 and aims to reach R$1 billion in annual revenue by 2031. The new business will start with a 45-day diagnosis phase and then deliver implementations in 45 to 120 days. Its target customers are medium and large companies with annual revenue between R$300 million and R$1.5 billion. Nexmuv is also pausing its startup studio work for now so it can concentrate resources on the new AI unit.
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Nexmuv
$10M to $25M