Sao Paulo-Braskem announced the launch of a new company,Oxygea,that will foster the appearance and development of new business initiatives focused on sustainability and digital transformation,through dealings with startups in the market.The initiative has two main pillars:Venture Builder,a vehicle for incubating and accelerating new businesses,including those created within Braskem,and Corporate Venture Capital,for investment in more mature startups.Oxygea will receive investments of $150-million for new business development in up to five vears.
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