Base Partners
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Base Partners is essentially the Brazilian bridge fund for US tech unicorns who want to crack Latin America but can't be bothered to figure it out themselves. They're backed by influential Brazilian business owners and pride themselves on helping portfolio companies capture the Brazilian market through depth and consistency. The model is simple: write late-stage checks to proven winners, then use their network of wealthy Brazilian families to open doors locally. With 12 unicorns in their portfolio including Figma and Nubank, they clearly know how to pick winners. But founders should know this isn't really venture capital in the traditional sense - you're paying for distribution and market access, not early-stage risk capital or hands-on company building.
- —Best for: Late-stage companies seeking Brazilian market entry with connected local partners
- —Watch out for: Limited early-stage expertise; more distribution partner than traditional VC
- —Known for: Wealthy Brazilian family network and proven track record with US tech giants
Base Partners invests globally in private technology companies and helps them expand into Latin America, Brazil first. They focus on investing in leading tech companies that can win in the Brazilian market through their strategic guidance and local market expertise.
Actually invests primarily in Series F rounds in US-based startups, with heavy emphasis on Enterprise Applications (19 investments) and FinTech (10 investments). Despite their marketing copy about global investing, most portfolio companies are US-based unicorns they join late-stage for Brazil expansion.
Former public equities investor at firms like Skopos and Núcleo Capital before transitioning to VC. Started his career in traditional finance working with Brazil's wealthiest families. Lives in São Paulo with wife Paula and two kids, focused on growth-stage investing globally.
Finance industry veteran who also started his career in traditional finance, including working with Brazil's wealthiest families, before heading into venture capital. Co-leads the fund alongside Fernando with backing from over 43 limited partners.
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