"The L4 Venture Builder will operate as an independent structure, with a flexible format to develop its businesses, and may even operate in areas in which B3 is already working" says Gilson Finkelstein, CEO of B3.
"The idea is that the fund will invest more in Venture Building, but also in Corporate Venture Capital. Our forecast is that the first investment in startups will take place in 2022.
The creation of L4 Venture Builder continues B3's strategy of innovation in its core business and growth on other fronts. "This new fund was created with the vision of further accelerating the innovation that already takes place within B3, demonstrating that the company is serious about the challenge of anticipating trends and offering great solutions to the market. I hope that L4 Venture Builder can add cadence and strength to this trajectory, at a time when the world is going through so many transformations arising from new technologies", says Juca Andrade, B3's vice president of Products and Clients.
For the full press release issued at the launch of L4 Venture Builder, please click here.
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