Embraer invests in MSW Capital fund, strengthening venture capital programme


Embraer has made an initial investment in the MSW Capital fund, MultiCorp 2, of R$20m ($4m).

MultiCorp 2 is MSW’s second multi-corporate venture fund. The model developed by MSW allows large corporations to strategically invest in startups. Embraer joins Moura Baterias and BB Seguros to expand the fund’s focus areas in insurance and energy for startups with digital and platform solutions for the aerospace, agro, and cargo-logistics sectors.

Daniel Moczydlower, head of Innovation at Embraer and CEO of Embraer-X, said: “Our mission is to co-create the future of Embraer, the invested, and the ecosystem through jointly designed innovation. In this way, via Embraer Ventures, we seek to leverage the company’s innovation strategy and we are excited to be able to collaborate even more with the country’s entrepreneurial force.”

At a minimum, MSW MultiCorp 2 will always invest in startups in seed and series-A stages with checks between R$3m and R$15m in businesses where it is possible to generate value.

Richard Zeiger, co-founder at MSW, said: “Embraer is one of Brazilian companies that best represents entrepreneurship and innovation on a global scale. Having the opportunity to strengthen the company’s CVC program is a very important milestone for MSW and a privilege. This investment consolidates our MultiCoporate model, where we gather more than one corporation into a venture capital fund. And we go in search of the best entrepreneurs who are creating solutions in the markets in which corporations operate or aim to operate at some point.”