TIM 5G Fund

Profile, fund size and portfolio

Parent TIM BrasilHQ Rio de Janeiro, BrazilFounded 2023

TIM 5G Fund is the corporate venture arm of TIM Brasil, a telecommunications company. It was founded in 2023 and is based in Rio de Janeiro, Brazil. It invests at the growth stage. Sectors it names: telecom and 5G, enterprise software, food and agriculture, logistics and supply chain.

Fund sizeS1: USD 250M
Companies backedS2: 3

Every figure links to its source

Snapshot

Investment stage: Growth to Growth

Data behind this graphic

Data behind this graphic
Item	Value
Stage range	Growth to Growth
Sectors	Telecom and 5G, Enterprise software, Food and agriculture, Logistics and supply chain
Geography	Latin America
Offices	Rio de Janeiro, Brazil

Sources: S1 TIM Brasil: TIM launches the first 5G Fund in Latin America (February 2023).

Scale and capital allocated

Data behind this graphic

Data behind this graphic
Measure	Value	Unit	Kind	Source
Headline size	USD 250M	Fund size	Stated by the firm or its parent	S1
Companies backed	3	companies	Stated by the firm	S2
Companies on the firm's portfolio page	3	companies	Counted from the firm's own list	S2

Sources: S1 TIM Brasil: TIM launches the first 5G Fund in Latin America (February 2023); S2 TIM Brasil: Minerva Foods is new investor of the Upload Ventures growth fund (2025-02-07).

Where it invests and who leads it

Geography

Headquarters: Rio de Janeiro, Brazil
Offices: Rio de Janeiro, Brazil

Investment regionsS1

Latin America

LeadersS1

Carlos SimonsenManaging Partner, Upload VenturesFind on LinkedIn Firm page
Mario MoraesManaging Partner, Upload VenturesFind on LinkedIn Firm page
Rodrigo BaerPartner, Upload VenturesFind on LinkedIn Firm page
Marco CamhajiPartner, Upload VenturesFind on LinkedIn Firm page
Norberto GiangrandePartner, Upload VenturesFind on LinkedIn Firm page

TIM 5G Fund on LinkedIn

Key facts

Fact	Value	Status	Source
Parent company	TIM Brasil	Single source	S1
Parent industry	Telecommunications	Single source	S1
Founded	2023	Single source	S1
Headquarters	Rio de Janeiro, Brazil	Single source	S1
Status	Active	Single source	S1
Capital source	Parent and outside investors	Single source	S2
Headline size	USD 250M (Fund size)	Single source	S1
Companies backed	3	Single source	S2
Stages	Growth	Single source	S1

For founders

Item	What the firm says	Source
Stages	Growth	S1
Check size, Growth	USD 20M to USD 25M	S1

History

2023TIM and Upload Ventures announce the 5G Fund at Mobile World Congress (February 2023)S1
2025Minerva Foods joins as second large investor (TIM release, 2025-02-07)S2

Portfolio

The firm's portfolio page lists 3 companies.S2

Shared portfolio with other corporate VCs

3 companies on the TIM 5G Fund portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

Firm	Shared	Companies in common
Galicia Ventures	1	Simetrik
Wayra	1	Simetrik
RX Ventures	1	Topsort
W23 Global	1	Topsort
N47	1	Tractian

Companies backed by the most corporate VCs

Every company on the TIM 5G Fund list

3 companies, as listed on the firm's own website.S2 Read the firm's list.

Simetrik
Topsort
Tractian

Official pages

Read the firm's own pages for current information.

Website upload.ventures/

Sources

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by TIM 5G Fund 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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