BNDES is Brazil's state development bank, financing industrial and infrastructure investment nationwide alongside equity funds in climate, healthtech, and technology innovation. It prioritizes innovation, local development, and socio-environmental impact, and increasingly backs Brazilian companies' international expansion.

BNDES was founded in 1952, is headquartered in Rio de Janeiro, Brazil, has 2 recorded investments, and includes 2 companies in its recorded portfolio.

Early Stage
Growth
Climate Tech
Digital Health
Infrastructure
Headquarters
Rio de Janeiro, Brazil
Founded
1952
Portfolio Companies
2
Total Investments
2
Last Investment
Mar 2025
Geographic Focus
Brazil

Indexed holds 2 portfolio companies and 2 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Backs projects and equity funds that advance Brazilian industry, infrastructure, and innovation while prioritizing sustainable, socio-environmental development.

BNDES is a Venture Capital firm based in Rio de Janeiro, Brazil. It was founded in 1952. It has made 2 investments, including Highline do Brasil and Scala Data Centers. Focus areas include Climate Tech and Digital Health.

Portfolio2

Co-investors2

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2 co-investors across 3 shared portfolio companies — who they back alongside, and how often they lead.

Private Equity ×1 · Venture Capital ×1

Investment History

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BNDES on Indexed.vc
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