Federaminas Ventures

What Federaminas Ventures does

Federaminas Ventures is a Brazilian Corporate Venture Builder (CVB) established in 2021 as an initiative of the Federação das Associações Comerciais e Empresariais do Estado de Minas Gerais (Federaminas), the state-level federation of commercial and business associations in Minas Gerais. Operating from Belo Horizonte, the CVB applies an Open Innovation methodology to identify and co-develop early-stage startups that have already validated their minimum viable product (MVP), providing comprehensive resources — financial, technological, legal, accounting, marketing, and human capital — over a 4–5 year development cycle. The firm takes a co-founding role with equity participation, accompanying portfolio companies toward Series B and C fundraising rounds and eventual exits.

The CVB's portfolio comprises nine startups spanning five declared verticals: commerce (Cliquei Achei.com for small-city local business discovery; Mais Saúde Card for affordable healthcare access at over 10,000 establishments), services (Demanda.ai for design project management; Fazendinha em Casa for artisanal/sustainable food marketplace; Wit Soccer for athlete evaluation; Holé for travel savings at over 1.5 million hotels), industry (Curiô for factory floor production tracking), energy (Kiiry for residential and commercial solar subscription), and food service/education (16App – eChef for institutional mobile ordering). The platform leverages partnerships with AWS, Google Cloud, Zendesk, and Freshworks to provide cloud, customer support, CRM, and operational tooling benefits to portfolio founders, and is affiliated with FCJ Venture Builder, the largest venture builder in Latin America.

Federaminas Ventures generates returns through equity appreciation and planned liquidity events of its portfolio holdings rather than through direct product sales. Its go-to-market relies primarily on the Federaminas association network, online startup applications via the website, and the FCJ ecosystem brand to attract prospective founders. With 1–10 employees disclosed, the entity itself functions as a lean holding and operating platform, while each portfolio company maintains its own end-customer distribution.

Name

Federaminas Ventures

Legal name

Federaminas Ventures

Website

https://federaminas.ventures

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Federaminas Ventures is a Brazilian Corporate Venture Builder affiliated with Federaminas and FCJ Venture Builder that co-develops post-MVP startups across commerce, services, industry, agro, and tourism in Minas Gerais over a 4–5 year program.

Ownership category

akta.pro rank

Product category

Venture Capital Services

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

akta.pro primary industry

Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)

akta.pro secondary industry

Captive CVC Fund (Dedicated corporate fund structure) (FSANAHAB)

Keywords

• Venture building services
• Startup incubation program
• Corporate venture builder
• Open innovation program
• Startup acceleration services

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Venture Builder Investment Returns: As a Corporate Venture Builder (CVB), Federaminas Ventures invests in startups by providing capital, intellectual resources, and operational support. The company generates returns through equity participation as co-founders, eventually planning and executing exits for portfolio companies. Revenue is derived from the appreciation and eventual liquidity events of portfolio startups.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Federaminas Ventures operates a Corporate Venture Builder (CVB) program that selects startups which have validated a minimum viable product (MVP) and acts as their co-founder for a 4-5 year development period. The CVB provides comprehensive resources including financial capital, technological infrastructure, legal and accounting support, market access, and human resources, accompanying portfolio startups through Series B and C funding rounds to eventual exit planning and execution. The portfolio currently spans nine startups across commerce, services, industry, agro, and tourism verticals serving the Minas Gerais market.

Product overview

Federaminas Ventures is a Corporate Venture Builder (CVB) that operates as an Open Innovation hub for the state of Minas Gerais, Brazil. Rather than a single unified product, it is a venture-building platform that selects and co-develops startups alongside entrepreneurs, providing capital, methodology, and access to a global innovation ecosystem. The portfolio includes nine startups spanning local business discovery (Cliquei Achei.com), health access (Mais Saúde Card), creative project management (Demanda.ai), local food e-commerce (Fazendinha em Casa), sports performance evaluation (Wit Soccer), travel savings (Holé), manufacturing execution (Curió), residential solar energy (Kiiry), and institutional food ordering (16App - eChef). Each portfolio company is supported through a 4–5 year development program involving strategic marketing, administrative processes, product validation, investment fundraising, and ecosystem access.

Differentiator

Problem solved

Functional benefit

Products and services

• Cliquei Achei.com Local business directory and discovery platform for cities with up to 100,000 inhabitants, mapping all city streets and collecting information on independent local commerce so that residents can find local businesses through website and mobile app.
• Mais Saúde Card Health discount card offering access to affordable healthcare, with medical consultations from R$40, up to 60% discount on exams, up to 40% on medications, up to 15% on electricity bills, and access to over 10,000 discounted establishments nationwide.
• Demanda.ai Design platform for micro and small companies, startups and entrepreneurs to request, receive and organize creative demands in an intelligent and practical way.
• Fazendinha em Casa Digital marketplace connecting customers directly with local producers of artisanal and/or sustainable food through integrated commercialization and decentralized logistics technology.
• Wit Soccer Technology platform that evaluates aspiring soccer athletes with precise physical, technical and tactical performance assessments, generating detailed individual performance reports.
• Holé Subscription-based platform that allows users to save up to 25% on tariffs at over 1.5 million hotels and resorts worldwide.
• Curió Factory floor-oriented technology solution that replaces non-digital production entries with planning and execution modules, allowing rapid factory data entry and monitoring on the shop floor.
• Kiiry Solar energy subscription platform allowing customers to access solar technology benefits without construction, upfront investment or additional costs, reducing electricity bills for residences and businesses.
• 16App - eChef Mobile ordering and self-service point-of-sale system that allows students to place orders via mobile devices even in offline mode, introducing self-service convenience and counter sales for food service operations in educational institutions.

Named customers9 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• FCJ Venture BuildercoreStrategic or Co-development PartnerFCJ Venture Builder is described as the largest Venture Builder in Latin America with international expansion. Federaminas Ventures is part of the FCJ ecosystem, providing access to global networks, resources, and validated venture building methodologies. This partnership provides intellectual capital, governance frameworks, and connection to the broader innovation ecosystem.
• Federaminas (Federação das Associações Comerciais e Empresariais do Estado de Minas Gerais)coreStrategic or Co-development PartnerFederaminas Ventures is an initiative of the Federation of Commercial and Business Associations of Minas Gerais, designed to strengthen ties with startups and bring innovative solutions to the Minas Gerais market. The parent organization provides access to the extensive network of commercial associations throughout the state.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• WOW Accelerator: Brazil-based startup accelerator supporting early-stage companies with mentorship and corporate connections. Comparable as a domestic ecosystem player with similar early-stage focus and startup development methodology.
• Cubo Itaú: Itaú's open innovation hub in São Paulo, Brazil. Comparable as a corporate-backed platform supporting early-stage startups with enterprise perks, mentorship, and corporate network access, targeting the Brazilian market.
• Beta-i: Portuguese innovation hub and venture builder running corporate-backed startup programs. Comparable in operating a venture-building model with corporate partners across multiple industries and providing structured support to early-stage companies.
• Lanzadera: Spanish startup accelerator supporting entrepreneurs from ideation through early-stage growth. Comparable as a corporate-backed venture builder providing comprehensive support (mentorship, infrastructure, network) to early-stage companies.
• Antler: Global venture builder that co-founds startups from scratch and supports them through early stages. Comparable business model of identifying founders, providing capital and operational support, with global reach and a similar focus on early-stage company building.
• FCJ Venture Builder: The parent affiliate and the largest venture builder in Latin America. Operates the same Corporate Venture Builder model that Federaminas Ventures is built on, with shared methodology and ecosystem access, making it the most direct functional and structural peer.

Broad incumbents

• Techstars: Global accelerator network with operations across multiple geographies. Comparable in selecting early-stage startups and providing mentorship, capital, and network access, though operates a more standardized accelerator model rather than long-horizon co-building.
• Wayra (Telefónica): Telefónica's global corporate-backed startup accelerator/venture builder. Operates a similar model of selecting early-stage startups and providing corporate resources, capital, and network access, though at significantly greater scale and geographic breadth across Latin America and Europe.
• Plug and Play Tech Center: Large global innovation platform connecting startups with corporate partners. Comparable in bridging startups and corporate resources, though operating at significantly larger scale across multiple verticals and geographies.

Regional players

• Br Startups: Brazilian startup ecosystem organization supporting corporate-startup interactions and innovation initiatives. Comparable as an ecosystem enabler in the Brazilian market connecting startups with corporate partners, though focused more on ecosystem activation than venture building.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/federaminas-ventures

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Federaminas Ventures