Gerdau Next Ventures, the corporate venture capital arm of Brazilian steel producer Gerdau, now operates independently after initially partnering with consulting firm Touchdown Ventures to establish the unit. The move reflects Gerdau’s decision to regain full control over its venture investments and strategy.
Docket secures a **USD21 million Series B** led by **Gerdau Next Ventures** and **Inovabra**, the corporate venture arm of Bradesco. The Brazil-based legal tech startup specializes in automated document analysis, targeting efficiency gains for law firms and corporate legal teams. Additional investors include **TM3 Capital**, **Valor Capital Group**, **ONEVC**, and **Wayra**, with follow-on participation from prior backers.
Docket secures a **USD22 million Series B** led by **Gerdau Next Ventures** and **Inovabra**, the venture arm of Bradesco. The Brazil-based startup specializes in **AI-driven legal document analysis**, supporting law firms and corporate legal teams. Investors include **TM3 Capital**, with follow-on support from **Valor Capital Group, ONEVC, and Wayra**.
Cubbo, an e-commerce fulfillment platform in Mexico, Colombia, and Brazil, secures a pre-Series A funding round from SV LatAm Capital and Gerdau Next Ventures. The investment supports expansion of its Latin America logistics operations. Gerdau Next Ventures represents Gerdau, Brazil’s largest steel producer.
Jun 2022Bloomberg LíneaNews article
Gerdau Next Ventures
Gerdau Next Ventures is the corporate venture arm of Gerdau Next, Gerdau’s new business division, established with US-based Touchdown Ventures.