Founded in 2014, Indicator Capital is a venture capital firm at the forefront of deep tech. We specialize in smart and connected technologies across infrastructure, hardware, and software, enabling the global adoption of AI, IoT, and digital transformation at scale.
With US$70 million in assets under management, Indicator manages the largest dedicated fund for smart and connected technologies in Latin America. Our position is reinforced by the trust of world-class LPs such as BNDES, Qualcomm Ventures, Lenovo, Motorola, Grupo Multi, Telefónica, and Banco do Brasil. From offices in São Paulo and California, we back early-stage founders building the next generation of intelligent, connected systems, bridging Latin American innovation with global markets.
As an equal GP partnership, we work side by side with entrepreneurs through our proprietary Building Value Together® methodology, providing not only capital but also hands-on support, strategic networks, and operational expertise.
At Indicator Capital, we believe the AI Cambrian period is just beginning, and smart and connected technologies form its foundation. Our mission is to boost deep tech heroes.