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Valar, which is funded solely by its president Peter Thiel according to McCormack, has an undisclosed commitment.
FORBES: Billionaire Investor Peter Thiel Taps Into Brazil With New Furniture Startup
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Valar has previously invested in startups in Canada, Australia and New Zealand.
FORBES: Billionaire Investor Peter Thiel Taps Into Brazil With New Furniture Startup
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Valar Ventures, backed by Thiel, invests exclusively in companies outside the U.S. The firm has invested in five other companies, including a furniture company in Brazil.
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Joining a long list of Silicon Valley investors in South America, Peter Thiel and his early-stage global venture capital firm, Valar Ventures, announced its first investment in a Brazilian company Tuesday.
FORBES: Billionaire Investor Peter Thiel Taps Into Brazil With New Furniture Startup
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Valar, whose name derives from a J.
FORBES: Billionaire Investor Peter Thiel Taps Into Brazil With New Furniture Startup