Itau Ventures
Profile, fund size and portfolio
Itau Ventures is the corporate venture arm of Itau Unibanco Holding S.A. (banking). It was founded in 2025 and is based in Sao Paulo, Brazil. It invests from Series A to Series B in payments, credit, insurance.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Series A to Series B |
| Sectors | Payments, Credit, Insurance, Capital markets, Digital assets, Financial market infrastructure |
| Geography | Brazilian and Latin American startups ; site: global outlook |
| Offices | Sao Paulo, Brazil |
Sources: S4 NeoFeed (Portuguese): Itau brings its CVC in-house with BRL 500M committed (2025-06-16); S1 Itau Ventures page (live, thesis; team and portfolio load by script); S3 Itau Unibanco IR release: launches Itau Ventures (June 2025).
Data behind this graphic
The firm has not published a portfolio breakdown.
Sources: .
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | BRL 500M | Commitment by parent | Stated by the firm or its parent | S3 |
| Companies backed | 8+ | companies | Stated by the firm | S2 |
| Companies on the firm's portfolio page | 11 | companies | Counted from the firm's own list | S2 |
Sources: S3 Itau Unibanco IR release: launches Itau Ventures (June 2025); S2 Itau Ventures page, Wayback copy 2026-05-11 (portfolio of 8, team of 3 with LinkedIn links).
Where it invests and who leads it
Geography
- Headquarters
- Sao Paulo, Brazil
- Offices
- Sao Paulo, Brazil
Investment regionsS4S1S3
- Brazilian and Latin American startups ; site: global outlook
LeadersS2S3
- Philippe SchlumpfLeader (superintendent) of Itau VenturesLinkedInFirm page
- Giovane AvilaManager, Itau Ventures (Gerente)LinkedInFirm page
- Abner SoaresAnalyst, Itau Ventures (Analista)LinkedInFirm page
- Fernando ChagasDirector of Proprietary Business (Negocios Proprietarios), Itau UnibancoFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Itau Unibanco Holding S.A. | Single source | S3 |
| Parent industry | Banking | Single source | S3 |
| Founded | 2025 | Single source | S3 |
| Headquarters | Sao Paulo, Brazil | Single source | S2 |
| Status | Active | Single source | S15 |
| Capital source | Parent company only | Single source | S3 |
| Headline size | BRL 500M (Commitment by parent) | Single source | S3 |
| Companies backed | 8+ | Single source | S2 |
| People on the team page | 3 | Single source | S2 |
| Stages | Series A, Series B | Single source | S4 |
Recent rounds
| Date | Company | Round | Amount | Led by the firm | Source |
|---|---|---|---|---|---|
| 2026-09-22 | Simile | Series B extension | Not stated | S15 | |
| 2026-04-22 | Minter | Series A | Not stated | S14 | |
| 2026-01-21 | Nagro | Series B | BRL 50M | S13 | |
| 2023-09-12 | Nagro | Series A | Not stated | S12 | |
| 2022-03-11 | Saks | Seed | BRL 26M | S11 | |
| 2022-02-03 | Digibee | Series A | USD 25M | S10 | |
| 2022-01-12 | Liqi | Series A | BRL 27.5M | S9 | |
| 2021-11-23 | Mola | Series A | BRL 12M | S8 | |
| 2021-09-13 | Paketa | Series A | BRL 27M | S7 | |
| 2021-02-04 | Monkey Exchange | Series A | USD 6M | S6 |
For founders
Investments by year
Fund vehicles
Portfolio
The firm's portfolio page lists 11 companies: 11 active.S2
The firm also states 8+ companies backed. The page list and the stated total measure different things.S2
Every company on the Itau Ventures list
11 companies, as listed on the firm's own website.S2 Read the firm's list.
- Digibee
- Kanastra
- Liqi
- Minter
- Mola
- Monkey Exchange
- Nagro
- Paketa
- Saks
- Simile
- Tenchi Security
History
Where sources disagree
- Launch year: June 2025 internalisation as Itau Ventures (IR release) (S3) vs Kinea Ventures created 2019 (Bloomberg Linea per existing profile) (S5) vs Kinea Ventures fund launched 2020 (NeoFeed per existing profile) (S4). Entity name date versus predecessor fund date.S3S5S4
- Headline size: BRL 500M committed, forecast to allocate BRL 250M in two years (IR release 2025-06) (S3) vs BRL 500M = past investments plus a further BRL 250M bank commitment over two years (NeoFeed 2025-06-16) (S4) vs BRL 220M invested and about BRL 280M available (Bloomberg Linea per existing profile) (S5). Same BRL 500M total, different splits.S3S4S5
Official pages
Read the firm's own pages for current information.
- Website www.itau.com.br/ventures
Sources
- S1Itau Ventures page (live, thesis; team and portfolio load by script)Firm
- S2Itau Ventures page, Wayback copy 2026-05-11 (portfolio of 8, team of 3 with LinkedIn links)Firm
- S3Itau Unibanco IR release: launches Itau Ventures (June 2025)Parent company
- S4NeoFeed (Portuguese): Itau brings its CVC in-house with BRL 500M committed (2025-06-16)Press
- S5Bloomberg Linea (Portuguese): Itau incorporates Kinea Ventures, fund BRL 500M (2025-06-16)Press
- S6Finsiders Brasil: Monkey Exchange USD 6M Series A (2021-02-04)Press
- S7Finsiders Brasil: Paketa BRL 27M Series A, second cheque (2021-09-13)Press
- S8TI Inside: Mola BRL 12M Series A (2021-11-23)Press
- S9Valor Economico: Liqi BRL 27.5M Series A (2022-01-12)Press
- S10GPCA newsroom: Kinea Ventures and G2D lead USD 25M Series A for Digibee (2022-02-03)Press
- S11Startupi: Saks (private pension) receives BRL 26M seed (2022-03-11)Press
- S12NeoFeed: Nagro attracts Kinea Ventures and Revolution, Series A (2023-09-12)Press
- S13Startupi: Nagro Series B led by Rabobank and Itau Ventures (2026-01-21)Press
- S14Reuters via UOL: Itau leads Minter investment round (2026-04-22)Press
- S15Startups.com.br: Itau enters Simile Series B extension (2026-09-22)Press
- S16Existing fact-checked profile (internal): profiles/itau-ventures.md, deal table dated 2026-09-30Press
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by Itau Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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