HVEX is the latest investment by the Primatec Investment Fund, focused on technology and innovation companies, receiving funding from the fund which currently manages 100 million Brazilian reais in its portfolio.
HVEX emerges as a promising technology and innovation company, backed by the Primatec Investment Fund, specialized in this sector. With a significant investment from the fund, which currently manages 100 million reais in its portfolio, HVEX strengthens itself to drive innovative ideas and projects in the electrical sector.
Founded in 2011 by students from the Federal University of Itajubá/MG-Brazil, HVEX gained recognition in 2018 when it was considered by Endeavor as one of the fastest-growing companies in Brazil. Since then, it has focused its efforts on becoming a reference in the manufacturing of high-voltage laboratory equipment, introducing new technologies and study methodologies for the national industry.
The company stands out as the only manufacturer of high-voltage laboratory equipment in the country and also engages in R&D projects, combining its two areas of expertise. With a focus on Smart City and Smart Grid areas, HVEX seeks to bring technology and data analysis to the electrical sector. For Guilherme Ferraz, CEO of the company, the investment contract signed is the result of months of hard work, audits, and business plan reviews. With the resources obtained, HVEX plans to invest in new projects, infrastructure, personnel hiring, and other improvements, aiming to become a reference in the market in all these aspects.
About the Primatec Fund:
Primatec is a Participation Investment Fund aimed at investing in innovative companies with high growth potential and value generation capacity. Originating from the Inova Empresa program of FINEP (Financier of Studies and Projects), the Fund is managed by Antera Resource Management, with operational consultancy from Brain Ventures.
Primatec's main investment focus is on the Information and Communication Technology (ICT), Energy, Sustainability, and Creative Economy sectors. Companies and entrepreneurs undergo a rigorous selection process, which seeks to identify the best businesses based in Incubators and Technological Parks throughout the brazilian national territory, with a preference for those with up to two years of operation.
In addition to seeking relevant returns on invested capital, Primatec aims to develop the national innovation ecosystem and foster entrepreneurship, particularly valuing Incubators and Technological Parks, which historically have been responsible for creating valuable companies. To ensure the smooth operation of the Fund, the Primatec Network was established, bringing together important Incubators and Technological Parks from across the country.
Through this Network, companies that receive investment benefit from the support of highly qualified professionals to accelerate their growth. Primatec represents Venture Capital that reaches the heart of Brazilian innovation.
Although headquartered in Rio de Janeiro, the Fund has national coverage thanks to the partnership established with the Incubators and Technological Parks of the Primatec Network, enabling investments in companies integrated into local innovation systems throughout the country.