040 Ventures

040 Ventures is a São Paulo-based venture capital firm founded in 2022 that backs pre-seed, seed and Series A companies across Brazil, broader South America and Mexico. It is sector- and business-model agnostic, investing in teams with a working product or service and early traction, typically taking minority stakes with a patient, non-interventionist support model. Check sizes range from $150,000 to $1,000,000, with an average around $300,000; portfolio exposure includes B2B, education, healthtech, insurance, marketplaces, marketing and travel.