Amorim Cork Ventures
Business incubator and startup investment company of Corticeira Amorim, SGPS, S.A.
Also known as ACV, Amorim Cork Ventures, Lda
Corticeira Amorim's cork-industry incubator (2014, Mozelos), set up with about €1M; financed and co-created cork startups. Registry lists the company as inactive.
Cork-industry business incubator and startup investment company of Corticeira Amorim (2014). Not to be confused with the Amorim family holdings (Amorim Investimentos e Participações, Amorim Holding II).
- HEADQUARTERS
- Mozelos (Santa Maria da Feira), Portugal
- FOUNDED
- 2014
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 1 people
FOCUS
- STAGES
- —
- GEOGRAPHY
- —
WHAT IT IS
Corporate VC. A corporation investing from its own balance sheet, usually with strategic goals.
ABOUT
Amorim Cork Ventures was set up by Corticeira Amorim in 2014 as a business incubator to promote entrepreneurship and innovation in cork, with about €1 million earmarked for the incubation phase from late 2014 and the first startups in early 2015. Its site said it invested in cork startups and offered financing, prototyping facilities and access to Corticeira Amorim's know-how and network. Its 2017 site reported 300 projects analysed and 19 supported, and its portfolio listed ASPORTUGUESAS, Grõwancork, SUGO CORK RUGS and YogurtNest. Its own domain now redirects to amorim.com, where a Corticeira Amorim page still presents ACV with ASPORTUGUESAS and Sugo Cork Rugs; a business registry lists the company as inactive.
PORTFOLIO (4)
- ASPORTUGUESAS (Ecochic)Consumer & E-commerce
- GrõwancorkIndustrial & Manufacturing
- SUGO CORK RUGS (TD Cork – Tapetes Decorativos com Cortiça, Lda.)Consumer & E-commerce
- YogurtNest (PrimaLynx – Sustainable Solutions, Lda)Consumer & E-commerce
TEAM
- Paulo BessaManaging Director (as of 2019 archive) · source
LINKS
FAQ
Amorim Cork Ventures is a corporate venture arm based in Mozelos (Santa Maria da Feira), Portugal, founded in 2014.
Yes. Amorim Cork Ventures invests directly in private companies.
Amorim Cork Ventures invests in Consumer & E-commerce and Industrial & Manufacturing.
Key people at Amorim Cork Ventures include Paulo Bessa (Managing Director (as of 2019 archive)).
Amorim Cork Ventures's investments include ASPORTUGUESAS (Ecochic), Grõwancork, SUGO CORK RUGS (TD Cork – Tapetes Decorativos com Cortiça, Lda.) and YogurtNest (PrimaLynx – Sustainable Solutions, Lda).
No. Amorim Cork Ventures invests its own capital and does not raise money from outside investors.