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RX Ventures operates as the corporate venture capital unit of Lojas Renner S.A., Brazil's prominent fashion and lifestyle ecosystem. It strategically invests in and supports startups developing innovative solutions that shape the future of retail and consumption. The firm focuses on five key verticals: Fashion and Lifestyle, Retailtechs, E-commerce and Marketplaces, Logistics and Supply Chain, Fintechs, and Martechs, offering its parent company's infrastructure and market expertise to accelerate portfolio companies.
Launched by Lojas Renner S.A., a leading omnichannel retailer with extensive operations across South America, RX Ventures emerged to anticipate industry trends and foster external innovation. This initiative leverages Lojas Renner's established market leadership and operational depth as a foundation for identifying and nurturing transformative businesses within the retail technology space. The corporate venture arm emphasizes an autonomous, agile investment process.
The firm's focus includes early-stage companies committed to strong ESG practices, aligning with its parent company's values. RX Ventures' portfolio companies benefit from access to a vast retail ecosystem and millions of active customers. Its overarching vision is to empower entrepreneurs to build disruptive businesses, collectively driving the evolution of retail and consumer experiences through strategic investment and operational support.
RX Ventures has 1 tracked investment across 1 company. The latest tracked deal is $30.0M Series A in RADAR in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2023 | RADAR | $30.0M Series A | BEN Bryce | Blockchain Capital, Novel TMT, Tusk Venture Partners, BEN Davenport, Future Archives, Leeds Holding, The Ferrante Group |