Copel Ventures

Copel Ventures I operates as the dedicated Corporate Venture Capital fund of Copel, focusing its investments on early-stage startups that present innovative and scalable solutions for the energy transition. The fund strategically acquires minority stakes in promising ventures across critical areas, including renewable and clean energy, energy as a service, smart cities, electromobility, and advanced asset management, targeting solutions that align with decarbonization, decentralization, digitalization, and demand disruption. This approach aims to secure both financial returns and strategic advantages for its parent company.

Established in 2023, Copel Ventures I was created to elevate Copel's open innovation and strategic investment strategy. As a wholly owned subsidiary of Copel, with management support from Vox Capital, its inception was driven by the insight that direct engagement with emerging technologies and business models is crucial for sustained competitiveness and future growth. This initiative reflects a deliberate move to access cutting-edge innovation and foster internal acculturation to a dynamic market reality.

The fund engages with a diverse set of startups, enabling access to new technologies and fostering strategic partnerships that benefit the broader energy sector. Copel Ventures I's long-term vision is to reinforce Copel's leadership within the electricity sector, generate efficiency gains, and contribute to its goal of becoming a leading company in Brazil's energy landscape by 2030. The fund ultimately seeks to drive positive societal and environmental impact through its investment activities.