Vale Ventures

Vale Ventures is the corporate venture capital arm of Vale, one of the world's largest mining companies. The firm is dedicated to leading the transformation of the mining and metals industry by strategically investing in global technology startups. Its core mission is to identify and support disruptive solutions that address the most pressing challenges within the sector, with a strong emphasis on sustainability and innovation. Key investment themes include decarbonization in the mining value chain, the pursuit of zero-waste mining practices, the development of energy transition metals, and the adoption of groundbreaking technologies that can fundamentally alter mining operations.

Vale Ventures was officially launched in 2022 by its parent company, Vale, with an initial investment fund of USD 100 million. This initiative was established to foster new business opportunities and integrate innovative technologies into Vale's extensive operations, aligning with the company's broader commitment to achieving sustainable mining practices globally. The firm aims to generate both strategic value for Vale and financial returns from its portfolio companies, contributing to a more sustainable and resilient future for the industry.

The firm's investment portfolio includes notable companies such as Electrified Thermal Solutions, which operates in the Alternative Energy Equipment industry, Mantel Capture, focused on Energy Services, and Allonnia, involved in Commercial Products. Additionally, Vale Ventures made an early investment in Boston Metal, a company specializing in Other Metals, Minerals and Mining, particularly in steel decarbonization technology. These investments reflect Vale Ventures' commitment to supporting innovations across various stages, from early to later-stage venture capital.

Vale Ventures is led by Viktor Moszkowicz, who emphasizes the importance of collaborating with forward-thinking startups. The firm seeks to build a portfolio of disruptive solutions that not only generate financial and strategic returns but also bring new business opportunities, insights, and knowledge to Vale, its customers, and the broader society. The team's expertise is geared towards identifying and nurturing technologies that can drive significant advancements in sustainable mining and metals production.