TAGS: Sustainability / Natural Adhesives
Suzano, announces the launch of Suzano Ventures, a global corporate venture capital initiative. Suzano Ventures will invest US$70 million in a range of businesses with the potential to revolutionize their sector and beyond, by addressing some of the world’s most pressing environmental challenges.
Investments for Sustainable Solutions
All investments will be aligned with Suzano’s ethos of ‘innovability’, the pursuit of sustainable solutions through innovation, which is at the core of all Suzano’s operations. Investments will be made in businesses at both seed and series A funding stages. Suzano Ventures will also have a structure of acceleration programs to leverage solutions that are in the laboratory phase or seeking commercial validation (pre-seed).
Initially, the initiative will focus on companies operating within at least one of four bioeconomy applications:
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Improving the measurement and management of carbon sequestration
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Accelerating and maximizing agroforestry yield
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Developing new technologies and applications for pulp biomass
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Creating more efficient pulp packaging from renewable sources
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Suzano has established Suzano Ventures to ensure support and finance for the fast-growing ecosystem of entrepreneurs who are bringing fresh thinking and ideas to the bioeconomy and the wider environmental challenges we are all facing,” said Julio, director of carbon businesses and corporate venture at Suzano. Suzano has had a long history of backing new ideas and evolving throughout its 98-year history.
Suzano Ventures will now help shape the company’s future by bringing it closer to a fresh ecosystem of entrepreneurs. Suzano Ventures’ mission is to set a global example for transparent and open innovation and foster a sense of entrepreneurialism which will inspire companies of all sizes to share ideas and drive forwards the positive change. Now, with Suzano Ventures, wants to scale similar projects and ensure greater structure and agility in analyzing innovative projects and emerging startups seeking capital, which align with Suzano’s areas of expertise.
Suzano’s team of R&D experts who already operate in Brazil, North America, China and Israel will help identify potential investments and a new dedicated Suzano Ventures team will be formed to work with partners to scale their ideas and operations.
Source: Suzano