The BR11 Token Fund is the first Brazilian based Security Token Offering.
The fund is tokenized in a regulatory compliant manner in which tradable “digital securities” are issued through asset backed BR11 Security Tokens. The BR11 Token Fund provides global investors with the opportunity to invest in 11 pre-selected high growth startups that are among the best performers in Brazil’s undervalued entrepreneurial market. The fund will be investing capital at the Pre-Series A stage to foster high returns for investors, and has already secured term sheets with the 11 pre-selected companies to speed up the traditionally slow Venture Capital investment process.
The 11 pre-selected startups that represent the BR11 Token were chosen from a portfolio of over 400 startups , all of which have received investments from either Bossa Nova, Brazil’s largest pre-seed investor by number of active investments, and/or ACE, Brazil’s best performing accelerator based on internal rate of return and number of exits for its companies and investors. The BR11 portfolio companies represent a diverse array of enterprises that were specifically chosen because they are amongst the best performers of Bossa Nova and ACE startup portfolios. The fund will serve as a new round of financing that is separate from the previous investments that both Bossa Nova and ACE have made in the portfolio companies. However, Bossa Nova is very excited about the potential for growth in these investments, and will therefore also be co-investing alongside BR11 in the majority of the companies.