We build the future, together

We invest in transformative ideas and exceptional entrepreneurs

About

We are a venture capital firm that invests in early-stage startups, supporting entrepreneurs in building and growing innovative companies in Latin America

We have a network of over 100 advisors and investors and over 60 operational partners to support our portfolio companies.

We are one of the leading funds in Latin America, with deep knowledge in the Logistics, Supply Chain and Mobility sectors, and are supported by Grupo Ultra and Grupo Murchison, as well as XP Asset Management, in addition to institutional investors such as XP Asset Management and strategic investors such as Grupo Ultra and Grupo Murchison.

2

Funds

14

Invested companies

+ 100

Investors and advisors

+ 60

Operating partners

What we look for

Exceptional entrepreneurs, operating in large markets, with solutions that are 10 times better than existing alternatives, seeking to improve our society.

How we do

We are selective and actively support our investments.

We invest carefully in sectors we know deeply, and we have the support of a vast network that helps our entrepreneurs by connecting them to a relevant support network.

We support our investments on several fronts:

Commercial
introductions Fundraising Recruiting Strategic
discussions

Portfolio

B2B digital marketplace for wholesale fashion, connecting Brazilian factories to retailers.

Fulfillment and logistics platform for e-commerce in Latin America.

Digital platform for road freight contracting in Brazil, connecting shippers and carriers.

Platform to acquire and scale digital brands in Latin American e-commerce.

Medical cannabis platform that connects patients to specialized doctors and regulated products.

Financing platform for new vehicles aimed at rideshare drivers in Mexico and Brazil.

Platform that connects cargo drivers to carriers.

Exit

Data engineering platform for businesses.

Brazilian trade finance fintech, offering credit and financial solutions for importers.

Complete fleet management solution focused on operational efficiency, safety, and cost reduction.

AI-powered management solution for third parties and service providers for businesses.

Infrafintech that offers an open-source ledger and modular solutions for orchestration, reconciliation, and reporting.

AI agent platform for detecting anomalies in e-commerce.

Innovation Program

What is it?

We are an external innovation arm that supports the connection between large companies and emerging technological solutions. The program strengthens the ecosystem, accelerating the growth of startups and generating strategic opportunities for companies.

How does it work?

Based on a structured mapping of operational challenges, BluStone offers:

Specialized curation of startups with support during Proof of Concepts (POCs) and monitoring of results.
Access to innovation events and missions
Strategic discussions on technology and trends.
Priority access to strategic investments

Team

Carlos Lopes

Founder and Managing Partner

Augusto Voelzke

Investments

Advisory Board

Priscila Rodrigues

Director of Alternative Funds of Funds at XP Asset
and President of the Board at ABVCAP

João Carlos Pinho

Founding partner of Kapitalo

Content

Keep up with the latest updates

BluStone at Manifest Vegas 2026! #InnovationProgram #ManifestVegas2026

Carlos Lopes, managing partner of BluStone, will be present at Manifest Vegas 2026, one of the world’s largest conferences focused on technology and innovation in the supply chain, logistics and…

BluStone Investor Day 2025 🚀

BluStone Investor Day 2025 🚀 Yesterday (November 12th) we held our annual Investor Day — a special moment that brought together founders, investors, and partners who are shaping the next…

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@blustonecapital partners@blustone.capital