A NewHack, ecosystem of solutions focused on supporting technology entrepreneurs, just announced the launch of an investment fund of R$ 5 million. The goal is to invest in up to 10 technology-based startups by the end of 2025, with checks of up to R$ 500 thousand per company. Led by Rodrigo Terron, Forbes Under 30 in Innovation and Technology, NewHack structures a thesis by combining entrepreneurial education and venture capital, aiming to establish itself as a kind of Brazilian Y Combinator
Former CEO of Rocketseat and Shawee, Rodrigo Terron brings to NewHack his extensive experience in scaling startups and his track record as an angel investor in companies like NG Cash and BeConfident. Under your leadership, Rocketseat has become a reference in Brazil as a school for technology talents, with over 50 thousand students and 100 employees. After the sale of Rocketseat to the Argentine group Digital House, for R$ 150 million, Terron continued his journey as an investor and advisor in innovative startups
"It's been just over a year since I completed my earnout period with Rocketseat and", since then, I have been acting as an angel investor andadvisorin various startups. With NewHack, the goal is to go beyond, creating an ecosystem that provides structure not only for investment, but also of education for thefounders. This fund of R$ 5 million is the first step to validate our thesis, "because we are already in talks with Brazilian and foreign investors to expand the scope in the next fund", says Terron
The proposal of NewHack is to offer an investment model agnostic to sectors, as long as the startups are technology-based. Furthermore, NewHack seeks to bring together other angel investors and funds to complement investment rounds, creating a collaborative environment and continuous support for the entrepreneur
The fund launch takes place during São Paulo Tech Week, one of the largest innovation events in Latin America, in which NewHack will have confirmed presence in various activities throughout the week. With an innovative and authentic vision, NewHack wants to position itself as a transformative agent in the technology market, driving the new generation of Brazilian entrepreneurs
