The Brazilian education and health provider is expanding its startup investments following a strategic update last year.

Credit: Kimberly Farmer / Unsplash

Brazilian health and education services provider Grupo Marista is launching a new corporate venturing fund, according to reporting from news outlet Valor Economico.

The new CVC unit, the committed capital for which Grupo Marista is not yet clear on, will invest primarily in startups focused on education and healthcare, and comes parallel to other initiatives the corporate is kicking off this year including school management services, consultancy and teacher training.

It follows an update of the corporate’s strategic plan, new CEO Maurício Zanforlin told Valor Economica, which extended its strategic vision from 2030 to 2025.

It’s not the corporate’s first foray into startup investment. One of Grupo Marista’s subsidiaries, textbook publisher FTD, has backed three startups since 2020.

Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.