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Indicator Capital, BNDES and Qualcomm Ventures launch the first fund in Latin America with a focus on the Internet of Things (IoT) Indicator 2 IoT FIP Fund closed the fundraising with twice the original projected value News provided by Share this article Share this article SÃO PAULO, May 14, 2021 /PRNewswire/  Indicator Capital, the Brazilian Development Bank (BNDES), and Qualcomm Ventures LLC announced today the launch of the early-stage venture capital fund Indicator 2 IoT FIP, with a first-close of US$ 45 million (R$ 240 million), focused on Internet of Things (IoT) and connectivity in Latin America. In addition to the creators of the public bid: BNDES and Qualcomm Ventures, the fund has other five prominent investors: Banco do Brasil, Multilaser, Motorola, Lenovo, and Telefônica Ventures / Vivo, among other institutional and corporate investors.

United statesDerek bittarThomas bittarBanco do brasilQualcomm incorporatedBrazilian development bankQualcomm venturesNational iot planCindicator capitalSmart citiesLatin americaSilicon valleyBuilding value togetherஒன்றுபட்டது மாநிலங்களில்பான்கோ செய் பிரேசில்குவால்காம் இணைக்கப்பட்டது