The steelmaker's newly minted CSN Inova Ventures has $5.6m in capital and will invest up to $1m in each portfolio company.

Brazil-based steel producer Companhia Siderúrgica Nacional has launched a R$30m ($5.6m) corporate venturing fund called CSN Inova Ventures. CSN Inova Ventures will invest R$2m to R$5m in each portfolio company as part of a shift by the company to a “more environmental, social and economical sustainable future”. The corporate founded its Inova subsidiary in 2018 under…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.