Corporate Venture Capital (CVC) is an important investment and open innovation mechanism in which corporations invest in startups. This mechanism has grown in recent years. In addition to driving innovation and new strategic businesses, especially in a competitive global scenario, CVC also seeks to generate financial returns for investing companies, similar to traditional venture capital.

In 2020, ABVCAP created the Corporate Venture Capital Committee with the aim of accelerating the development of this investment model in corporations and in the Brazilian innovation ecosystem. The committee aims to share international and national best practices, in addition to representing the segment before regulators and the government to improve legislation and create a favorable environment for investment. In 2023, ABVCAP, through this committee and the Regulatory Committee, presented to the CVM proposals for improvements to CVM Resolution No. 175, which regulates Investment Funds.

According to a recent survey conducted by ABVCAP, the main priority of Corporate Venture Capital (CVC) programs is “Generation of new business”, with increasing emphasis on objectives such as financial return and support for existing businesses. This reflects a strategic shift towards more tangible and immediate results, evidencing an evolution in the focus of CVC programs. In addition Brazil´s CVC scenario is comprised of a majority of local corporations, but a growing presence of CVCs from abroad.