L4 venture builder: Takes mintority stake in Vermiculus
L4 venture builder: Takes mintority stake in Vermiculus
- L4 Venture Builder, an independent investment fund with capital for investments in the ecosystems of innovation
- Entrepreneurship will take a minority stake in Vermiculus Financial Technology
- Both sides have signed an agreement defining the terms of the investment which will include a transaction of USD 5,55 million
- Founded in 2022, with committed capital of R$ 600million by B3 S.A. – Brasil, Bolsa, Balcão (B3)
- The purpose of the investment fund is to empower entrepreneurs by bringing technology
- Vermiculus has since established itself as a key player in the market through its focus on innovation
