Founded in 1999, FIR Capital is a venture capital firm that invests in nascent, emerging or growing companies that demonstrate tremendous growth potential.
FIR Capital looks for innovative projects and companies. It offers financial support, strategic advisory services and support to management, and assistance in hiring key executives, in addition to its experience in sales, marketing, innovation, controllership, exports, global expansion and strategic alliances.
The partners of FIR Capital are venture capital pioneers in Brazil, having invested in Biobrás S.A. (later sold to Novo Nordisk), Miner Technology (sold to UOL) and Akwan Technology (sold to Google).
In 2007, Draper Fisher Jurvetson (DFJ), one of the world´s biggest and best venture capital firms, acquired shareholding interest in FIR Capital. DFJ´s worldwide network spans 4 continents and consists of 23 venture capital funds, 135 investment professionals, more than 300 investors and investments in around 550 companies, with more than US$ 5.5 billion under its management. DFJ´s portfolio of success stories includes Hotmail, Skype, Baidu, DivX, Mobile365, Overture, 411 and EnerNOC.
In 2009, FIR Capital became a signatory of PRI – Principles for Responsible Investment, determining the consolidation of values that had already been guiding its work philosophy, highlighted by the dissemination of a corporate governance culture in its portfolio companies. PRI is an investor initiative in partnership with UNEP Finance Initiative and the UN Global Compact to promote the view that environmental, social and corporate governance (ESG) issues can positively affect the performance of investment portfolios.