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X8 Investimentos
X8 Investimentos is a São Paulo-based private equity firm backing Brazilian tech companies from seed to late stage, founded by Pedro Carneiro in 2015.
X8 Investimentos
X8 Investimentos launched in São Paulo in 2015, founded by Pedro Carneiro as a private equity vehicle targeting technology-enabled businesses in Brazil. The firm operates from its single office in São Paulo and deploys capital across the full company lifecycle — from early-stage startups through expansion and late-stage growth rounds. Marcus Vinicius later joined as a partner, deepening the firm's operational and investment capacity. The firm pursues a multi-stage mandate, writing checks into seed-stage software companies, growth rounds for scaling platforms, and divestiture opportunities from larger corporate parents. Confirmed investment sectors include enterprise software, fintech, real estate technology, agritech, and applied artificial intelligence. X8 executes both direct equity investments and special situations across these verticals, concentrating its geographic footprint within Brazil's Southeastern and Southern regions. Headcount and total committed capital are not publicly disclosed. The firm maintains no known additional offices or adjacent vehicles such as philanthropic foundations or real-asset arms. September 2023: X8 Investimentos led a funding round into a Brazilian proptech platform, reinforcing its conviction in technology-driven real estate innovation (per the firm, September 2023). The partnership structure remains lean, positioning the firm as a nimble allocator in a market dominated by larger institutional players. X8's structural differentiator is its stage-agnostic mandate. Unlike Brazil's larger asset managers that constrain teams to either venture or growth buyouts, X8 writes both the first institutional check and later-stage growth equity from the same pool of committed capital — a flexibility more common in single-family offices than in structured private equity firms.
General information
Firm type
Single Family Office
Year founded
2015
AUM
Undisclosed
Location
Region
Latin America
Country
Brazil
City
São Paulo
Corporate office
São Paulo, SP, Brazil
Principals
Pedro Carneiro
Founder and Managing Partner
Marcus Vinicius
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at X8 Investimentos?
Investment decisions are led by Founder and Managing Partner Pedro Carneiro, who established the firm in 2015, alongside Partner Marcus Vinicius. The lean partnership structure concentrates decision-making authority in the two named principals.
How does X8 Investimentos source proprietary deal flow?
X8 sources opportunities primarily through its São Paulo network and direct engagement with Brazil's technology ecosystem. The firm's stage-agnostic mandate allows it to access startups that may not yet be visible to larger institutional funds, as well as divestiture opportunities from established Brazilian corporates.
What investment stages does X8 Investimentos typically target?
X8 deploys capital across the full company lifecycle, including seed-stage startups, expansion and late-stage growth rounds, and corporate divestitures. This stage-agnostic approach enables the firm to invest wherever it identifies the strongest risk-adjusted returns within its sector focus.
Which sectors does X8 Investimentos explicitly avoid?
The firm has not publicly stated sector exclusions. Confirmed investment activity centers on enterprise software, fintech, proptech, agritech, and applied AI, suggesting a deliberate focus on asset-light, scalable technology businesses within Brazil.
Is X8 Investimentos structured as a single family office or does it operate more like a venture firm?
X8 Investimentos operates as a private equity asset manager with a multi-stage mandate. While its flexible capital approach resembles single-family-office structures, the firm manages external capital through a partnership model rather than solely a single family's balance sheet.
Does X8 Investimentos maintain philanthropic structures?
There is no public record of a dedicated philanthropic foundation or impact-investing vehicle affiliated with X8 Investimentos. The firm appears focused entirely on its for-profit investment activities.
What is X8 Investimentos' known posture on co-investments alongside external GPs?
X8's public disclosure on co-investment policy is limited. Its stage-agnostic approach and small partnership size suggest the firm may favor direct investments and lead positions, but formal co-investment participation alongside other Brazilian or international general partners is not publicly detailed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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