Company Raises R$ 100 Million To Invest In Brazilian Construction Industry

Written by Valdemar Medeiros

Published on 12/03/2021 at 14:09

Empreendimento da Terracoa – Fonte: Reprodução Google

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Terracota Secured BRL 100 Million to Invest in the Construction Industry and Claims That Many Other Investments Are on the Way

The innovation investment company in the real estate market, Terracota Ventures, is conducting an investment of BRL 100 million for investments in startups in the construction sector. The backdrop of this investment is to raise capital in companies in the construction industry for the next four years.

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“The increase in construction productivity is one of the strategic pillars of Gerdau Next. We are excited about the investment in Terracotta, strengthening the existing partnership, expanding our synergies with startups in the sector, the construction techs,” says Juliano Prado, vice president of Gerdau.

Terracota Ventures and Its Investments in the Construction Industry

Terracota Ventures was founded in 2019 by Bruno Loreto and Marcus Anselmo, both entrepreneurs who were previously at Softplan, a technology company from Santa Catarina. At the company, they were responsible for organizing corporate venture capital to invest in startups in the construction sector.

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Construction Startups Are Growing Exponentially

“The multiplication of the number of startups and the resources allocated to them is a thermometer of the interest that the sector generates,” says Loreto. Thus, observing such growth, both entrepreneurs decided to found Terracota. Since its inception, they have already invested in companies such as Rede Vistorias, EmCasa, OrçaFascio, and InstaCafé. All these startups generated over BRL 30 million in revenue in 2020 alone.

In the following years, the company aims to invest in several subsegments within the construction industry.

“We will also see the industrialization of construction accelerate. Businesses using modular construction will make the construction journey more efficient and the sector more sustainable,” says Loreto.

Company Raises R$ 100 Million To Invest In Brazilian Construction Industry

Terracota Secured BRL 100 Million to Invest in the Construction Industry and Claims That Many Other Investments Are on the Way

Read Also

Terracota Ventures and Its Investments in the Construction Industry

Construction Startups Are Growing Exponentially

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Company Raises R$ 100 Million To Invest In Brazilian Construction Industry

Terracota Secured BRL 100 Million to Invest in the Construction Industry and Claims That Many Other Investments Are on the Way

Read Also

Terracota Ventures and Its Investments in the Construction Industry

Construction Startups Are Growing Exponentially

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Without mortar, without water, and without mess: young people create a dry flooring system that fits ceramic tiles like a puzzle, reduces construction time, and promises to revolutionize the way floors are installed in civil construction.

They built an entire village of houses with their own hands made of earth and old tires, in the ecovillage Aardehuis, in the Netherlands, where 44 residents live in Earthships that generate almost all the energy, heat with the sun, and treat sewage in their own garden.

Villagers dig a road by hand on a 1,200-meter cliff in China after decades of extreme isolation, creating one of the most dangerous and impressive tunnels in the world.

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Without mortar, without water, and without mess: young people create a dry flooring system that fits ceramic tiles like a puzzle, reduces construction time, and promises to revolutionize the way floors are installed in civil construction.

A rare gas cuts through the hot springs in Zambia and reveals a deep fault that may penetrate the crust down to the Earth’s mantle.

Paper money is disappearing from Brazilians’ pockets, with the issuance of new banknotes dropping by 31% from 2020 to 2025, amid the explosion of Pix, which became the most frequent payment method for 46% of the population, while cash plummeted from 42% to 22%.

Ports without drivers and cabins already move containers like automated factories: robotic cranes, autonomous electric vehicles, and software transform giant terminals into 24-hour logistics machines.

They built an entire village of houses with their own hands made of earth and old tires, in the ecovillage Aardehuis, in the Netherlands, where 44 residents live in Earthships that generate almost all the energy, heat with the sun, and treat sewage in their own garden.