Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Valutia is a venture capital firm founded by Kiko Lumack and Bruno Lino, established around 2022-2023. The firm is headquartered in Lisbon, Portugal, with a presence in Recife, Brazil. Valutia focuses on supporting exceptional entrepreneurs from Brazil and Portugal in the early stages of building global businesses. The firm has completed 30 investments, with a fund size of approximately $11 million.
Valutia operates at the intersection of Portuguese/Spanish startups entering Brazil and Brazilian startups expanding into Iberia and beyond. The firm aims to create value and generate returns for stakeholders through a high-conviction investment approach. Notable milestones include backing companies like Gympass and Moises, which have achieved significant market presence and exits.
Valutia invests primarily in early-stage companies, specifically targeting sectors such as healthcare, consumer, logistics, and artificial intelligence. The firm operates within the pre-seed to Seed+ stages, with check sizes ranging from $300,000 to $1 million, averaging around $350,000. Valutia emphasizes a high-conviction investment approach, working closely with founders to support their growth and help them scale their businesses globally.
The firm seeks entrepreneurs who are either Portuguese or Spanish and wish to scale into Brazil, or Brazilian founders aiming to expand into Europe through the Iberian corridor. This focus on cross-border opportunities leverages cultural and linguistic connections, enhancing the potential for successful market entry and growth.
Valutia's portfolio includes notable companies that exemplify its investment strategy:
These companies reflect Valutia's commitment to supporting high-potential startups that aim for global reach.
Kiko Lumack: Managing Partner and Co-Founder. Kiko is a serial entrepreneur with notable exits including Alper (IPO) and Santa Dose cachaça, which was sold to Brown-Forman. He has a deep network in both Brazilian and European startup ecosystems.
Bruno Lino: Managing Partner and Co-Founder. Bruno has approximately 20 years of experience in 3G Capital portfolio companies, where he led the expansion of Burger King across Europe and managed Kraft Heinz operations in multiple countries. He transitioned to venture investing in 2019.
Eduardo F.: Partner and Head of Portfolio, responsible for overseeing portfolio management and supporting founders.
Rafaela Andrade: Venture Partner, contributing expertise in startup growth and development.
Juan Fuentes: Venture Partner, focusing on strategic investments and partnerships.
Bruno Aracaty: Venture Partner, involved in sourcing and evaluating new investment opportunities.
To pitch to Valutia, founders should use the contact email hi@valutia.com or submit their pitch through the website at valutia.com. A comprehensive pitch deck should include details about the business model, market opportunity, competitive landscape, and financial projections. Valutia typically responds within a few weeks, and warm introductions are preferred but not mandatory.
In January 2025, Valutia participated in a $40 million Series A funding round for Moises, which has become a leading AI music app with over 50 million users.
Valutia also announced a $5 million additional close for its second fund in February 2025, expanding its investment capacity to support more startups.
As of early 2023, Valutia completed its first fund with approximately $10.6 million, targeting around 20 companies.
What are Valutia's investment criteria?
Valutia focuses on early-stage companies in sectors like healthcare, consumer, logistics, and AI. They prefer founders from Brazil and Portugal with global ambitions.
How can I apply or pitch to Valutia?
Founders can pitch through the Valutia website at valutia.com or via email at hi@valutia.com. A detailed pitch deck is recommended.
What makes Valutia different from other VC firms?
Valutia uniquely targets the cross-border opportunities between Brazil and Portugal, leveraging cultural and linguistic ties to enhance startup growth potential.
What is Valutia's geographic scope?
The firm primarily invests in startups operating in Brazil and Portugal, focusing on companies that can scale across these markets.
What is Valutia's post-investment involvement like?
Valutia provides strategic support and resources to its portfolio companies, leveraging a deep network in both Brazilian and European markets to help founders scale effectively.
What is the typical fund size and check size for Valutia?
Valutia's fund size is approximately $11 million, with typical check sizes ranging from $300,000 to $1 million.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.