Venture Capital

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RX Ventures

RX Ventures is Lojas Renner S.A.'s corporate venture arm. It invests in early-stage retail-tech startups from its Sao Paulo base.

RX Ventures logo

RX Ventures

RX Ventures is the corporate venture arm of Lojas Renner. It invests in fashion startups. RX Ventures has made four investments, including a Series A investment in Connectly on September 21, 2023.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

Latin America

Country

Brazil

City

Sao Paulo

Corporate office

Sao Paulo, Brazil

Frequently asked questions

What is RX Ventures' relationship with Lojas Renner S.A.?

RX Ventures is the corporate venture capital arm of Lojas Renner S.A., the publicly traded Brazilian fashion retail group. It invests the parent company's capital into early-stage startups. The unit is not a separate family office or independent fund; its mandate is tied to Renner's strategic commercial interests.

What investment stages does RX Ventures target?

The firm's stated strategy covers early-stage companies, from seed through growth. As a corporate venture arm, those investments are typically aimed at startups whose products or technologies could be piloted or scaled within the parent company's retail operations.

How does RX Ventures source deals?

RX Ventures has not publicly disclosed a dedicated proprietary sourcing model. Its deal flow likely derives from the commercial relationships of its parent, Lojas Renner — vendor partnerships, retail-tech ecosystems in Brazil, and the broader Latin American venture network. No external club-deal memberships or co-investor platforms are known to be formalized.

Does RX Ventures participate in fund commitments or only direct deals?

Available sources only confirm a direct startup investment strategy across early-stage and growth. The firm has not disclosed any fund-of-funds commitments or positions as a limited partner in third-party venture funds.

Which sectors does RX Ventures explicitly avoid?

RX Ventures has not published a formal exclusion list. Its focus implicitly excludes sectors unrelated to retail efficiency or consumer commerce. The parent company, however, has publicly committed to sustainability and circular-economy principles, which may practically exclude heavily extractive or environmentally damaging industries from its venture mandate.

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