VC arm of Brazilian media conglomerate Grupo RBS raises $100m for early stage investments.
E.Bricks Digital, the venture capital investor spun out of the Brazilian media conglomerate Grupo RBS, has raised $100m for a new early stage fund to invest in mobile, e-commerce and digital media.
The firm has also created a US presence and aims to search for North American businesses with expansion potential in Latin America. The fund aims to make 12 to 15 investments per year and it will back companies with annual pre-revenue turnover of $10m. Its current early stage…
