# Brazilian technological and digital development funding

> Live situation record from CLSTR: https://clstr.news/situations/brazilian-technological-and-digital-development-funding
> Updated: 2026-09-30T19:10:12.000Z. Sources: 6. Developments: 2.

Brazil is implementing various funding initiatives to advance technological development and digital integration. 

In mid-September, the Brazilian Development Bank (BNDES) and Finep selected Monashees Gestão de Investimentos to manage a R$ 500 million private equity fund. This fund, part of the Brazilian Artificial Intelligence Plan (PBIA), aims to support AI startups by utilizing up to R$ 205 million in public contributions to catalyze private investment.

By late September, SENAI and Finep launched the 11th edition of the Smart Factory initiative. This program provides over R$ 47.5 million in non-reimbursable resources to assist micro, small, and medium-sized enterprises in their digital transformation. The initiative focuses on Industry 4.0 technologies, including artificial intelligence, robotics, and the Internet of Things (IoT).

## Timeline

### 2026-09-30: SENAI and Finep launch R$ 47.5 million fund for industrial digital transformation

SENAI and Finep launched a R$ 47.5 million fund to support digital transformation in Brazilian industry, focusing on software, hardware, and integrated solutions for SMEs.

2 sources. https://clstr.news/cluster/senai-and-finep-launch-r-475-million-fund-for-industrial-digital-transformation

### 2026-09-14: BNDES and Finep select Monashees to manage R$ 500 million AI fund

BNDES and Finep selected Monashees to manage an AI-focused investment fund that could mobilize up to R$ 500 million to support Brazilian startups.

4 sources. https://clstr.news/cluster/bndes-and-finep-select-monashees-to-manage-r-500-million-ai-fund

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Cite as: Brazilian technological and digital development funding. CLSTR, https://clstr.news/situations/brazilian-technological-and-digital-development-funding