![]() With a strategy centered on people and sustainability, Braskem is engaged in contributing to the value chain to strengthen the Circular Economy. To stay in touch with the latest developments, visit The fund will invest US$150 million - 100 million for CVC and 50 million for acceleration and venture building - in startups focused on carbon neutrality, circular economy, renewable energy, new materials and digital transformation. Oxygea was created based on Braskem's innovation strategy, but operates independently. Oxygea is a Corporate Venture Capital, Venture Building and Startup Acceleration vehicle dedicated to boosting businesses with a focus on sustainability and digital transformation in the industry. Through this partnership with Touchdown Ventures, Oxygea is poised to catalyze sustainable innovation, supporting startups and driving the transition to a more sustainable future. With Oxygea, we can offer entrepreneurs and venture capital co-investors assistance in launching and scaling ground-breaking technologies within the industrial value chain." ![]() Sharing the same enthusiasm, Peter Ulrich, Venture Partner at Touchdown Ventures, added, "We are honored to co-manage Braskem's corporate venture fund. We are excited about this relationship between Oxygea and Touchdown Ventures." "Braskem's commitment to sustainability and investment in innovation is a promising leadership signal for corporate venture capital and startups in this region."Īntonio Queiroz, Vice President of Innovation, Technology and Sustainable Development at Braskem emphasizes that "Investments and partnerships with startups are a key pillar of our innovation strategy. "Latin American corporations have a remarkable opportunity to drive mutual value with startups through corporate venture capital," said Scott Lenet, Touchdown co-founder and President. Touchdown Ventures, a leading provider of corporate venture capital managed services, will co-manage the fund. Target geographies include North America, Europe, Israel, and Latin America, aligning with Braskem's worldwide innovation efforts. Typical checks will range from $1M to $5M initially, with reserves for follow-up investments. The fund will also invest in select seed and growth-stage opportunities. ![]() Oxygea is a stage-agnostic fund emphasizing early-stage startups that have demonstrated product market fit and have begun to generate revenue. We are excited to leverage Braskem's resources to help our startup partners scale." ![]() "As one of the largest thermoplastic resins and biopolymers companies in the world, we believe our technical and industrial expertise can help entrepreneurs build great companies that create a positive impact on our planet. "Oxygea's corporate venture capital program represents an extension of Braskem's innovation toolkit, advancing our mission to deliver safe, sustainable, and green solutions for the industrial sector," said Artur Faria, Oxygea's Chief Executive Officer. Investment focus interests for Oxygea Ventures include circular economy, advanced biochemicals, new biomaterials, CO2 capture and conversion to chemicals, and advanced manufacturing solutions. The fund aims to make minority investments in sustainability, cleantech, and digital transformation for the industrial value chain. Braskem, a global leader in the production of thermoplastic resins and biopolymers, today announced its relationship with Touchdown Ventures, the new co-managers of Oxygea Ventures, Braskem's $100 million corporate venture capital fund. ![]()
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