DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Dgf
Dgf
Institutional venture firmSao Paulo - Spdgf.com.brSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on dgf.com.br: DGF Investments. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
DGF Investimentos: three decades investing in B2B software. Thesis, portfolio and track record with discipline and capital efficiency.
venture manager, reported GAV $97M across 3 vehicles
Importance
17
moderate
Active deployment
0
low
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Sao Paulo - Sp, Braziladviserinfo.sec.gov
- Office address
- AV. PAULISTA 1337 20TH FLOOR, Sao Paulo - Sp, 01311-200adviserinfo.sec.gov
- Business phone
- +55 11 991669874adviserinfo.sec.gov
- Website
- https://www.dgf.com.br/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Jun 24, 2024
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $97.4Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- DGF Investimentos Holding S.A. (Holding), E
- business email
- investors@dgf.com.brdgf.com.brpublished by the subject
- business email
- startups@dgf.com.brdgf.com.brpublished by the subject
- business phone
- +55 11 991669874adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- ai, enterprise software, fintech, consumer, industrial, b2b
- Stages
- seed, series a, early
- Geography
- global
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
3 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| DGF 7, L.P. | Fund | 2021 form d first sale | Mature | $33.6M Jun 24, 2024 | 96 | $2.2M of $50.0M | Sep 20, 2022 |
| DGF Ventures 2, L.P. | Fund | unknown | Unknown | $61.9M Jun 24, 2024 | 62 | $0 of $60.0M | Oct 18, 2017 |
| DGF Inova - Fundo de Investimentos Em Participações Em Empresas Emergentes Inovação | Fund | unknown | Unknown | $1.9M Jun 24, 2024 | 44 | unknown | unknown |
| DGF Fipac2 - Fundo de Investimento Em Participações Multiestratégia | Fund | unknown | Wound down | $65.0M Oct 27, 2022 | 15 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
2 current, 0 departed
Frederico D'Andrea Greve
Managing partnerManaging Partner · since Aug 1, 2012
Sidney Chameh
Managing partnerManaging Partner · since Aug 1, 2012
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Mar 31, 2023DGF Fipac2 - Fundo de Investimento Em Participações Multiestratégia no longer reported on Form ADV by Dgf
- Aug 4, 2021Dgf first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 4, 2021DGF Ventures 2, L.P. first reported on Form ADV by Dgf (Venture Capital Fund), GAV $47,145,918Fund first reported on Form ADVFundsFactDGF Ventures 2, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 4, 2021DGF Inova - Fundo de Investimentos Em Participações Em Empresas Emergentes Inovação first reported on Form ADV by Dgf (Venture Capital Fund), GAV $4,462,081
- Aug 4, 2021DGF Fipac2 - Fundo de Investimento Em Participações Multiestratégia first reported on Form ADV by Dgf (Venture Capital Fund), GAV $68,643,749
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $97M across 3 vehicles
Evidence
32 observations from 2 sources