Brazilian iron ore miner Vale’s Fundo Vale & venture capital manager KTPL have launched an investment fund in startups that generate a positive impact in the area of forest and climate. The initiative provides for BRL 200 million in contributions over the next five years. The duration term is 10 years, which can be extended for another two years term. The areas of activity are forests, carbon, bio-economy and regenerative economy. Companies that work with technologies with the potential to reduce costs and increase the efficiency of carbon credit certification as well as large-scale forest restoration and protection are on the radar.The role of Fundo Vale is to structure the business, supporting the measurement and evaluation of impact, the analysis of some of the companies identified and the connection with actors in the impact ecosystem. Fundo Vale is currently responsible for coordinating and implementing Vale’s forestry goal of recovering and protecting another 500,000 hectares of forests by 2030. In two years, the fund has already recovered more than 6 thousand hectares in partnerships with startups, most of them in the Amazon, and entered into agreements with seven conservation units, totaling about 115 thousand hectares of protected areas.Fundo Floresta e Clima has as strategic partners and important shareholders such as Tridon Participações, family office of the founders of Jacto, in addition to entrepreneurs Denis and Ilana Minev, from Lojas Bemol, and Marco Riguzzi, entrepreneur in the packaging area and shareholder of Farmaplast.In 2021, Fundo Vale made a wide selection of managers with the aim of choosing the partner that would launch the target fund of its investment, starting a process in which more investors could join. KPTL was selected in this process, due to the manager’s experience in innovation for the environment in investments in AgTech, Biotecnologia, IoT e Digital.
Brazilian iron ore miner Vale’s Fundo Vale & venture capital manager KTPL have launched an investment fund in startups that generate a positive impact in the area of forest and climate. The initiative provides for BRL 200 million in contributions over the next five years. The duration term is 10 years, which can be extended for another two years term. The areas of activity are forests, carbon, bio-economy and regenerative economy. Companies that work with technologies with the potential to reduce costs and increase the efficiency of carbon credit certification as well as large-scale forest restoration and protection are on the radar.The role of Fundo Vale is to structure the business, supporting the measurement and evaluation of impact, the analysis of some of the companies identified and the connection with actors in the impact ecosystem. Fundo Vale is currently responsible for coordinating and implementing Vale’s forestry goal of recovering and protecting another 500,000 hectares of forests by 2030. In two years, the fund has already recovered more than 6 thousand hectares in partnerships with startups, most of them in the Amazon, and entered into agreements with seven conservation units, totaling about 115 thousand hectares of protected areas.Fundo Floresta e Clima has as strategic partners and important shareholders such as Tridon Participações, family office of the founders of Jacto, in addition to entrepreneurs Denis and Ilana Minev, from Lojas Bemol, and Marco Riguzzi, entrepreneur in the packaging area and shareholder of Farmaplast.In 2021, Fundo Vale made a wide selection of managers with the aim of choosing the partner that would launch the target fund of its investment, starting a process in which more investors could join. KPTL was selected in this process, due to the manager’s experience in innovation for the environment in investments in AgTech, Biotecnologia, IoT e Digital.
