BRAZIL - Dexco, owner of the Deca, Portinari, Hydra, Duratex, Castelatto, Ceusa and Durafloor brands, was considered the TOP 5 Construction and Real Estate company in the Ranking 100 Open Corps 2022, an award that recognizes the corporations that most practiced open innovation with startups in Brazil in the last year.

"This recognition serves to prove that our journey in open innovation has been fruitful and successful," says Daniel Franco, Director of IT, Business Development and Innovation at Dexco. "This movement is part of a well-defined strategy. By investing in startups, we bet on disruptive innovation, which is that which is not in the core business, but will impact the business and generate shared value," explains the executive. "Through our Corporate Venture Capital fund, DX Ventures, we monitor the transformation trends in the construction, remodeling and decoration sector in Brazil and worldwide and invest in startups and scale-ups that connect with our company and that we believe can bring innovative solutions to the market," he adds.

Conducted by 100 Open Startups, a pioneering and leading platform for open innovation in Latin America, the Ranking 100 Open Corps 2022 is in its seventh edition and considers data generated by the market.