Brazilian AI startup fund Shiva raised $10 million, and it's betting on tiny teams. Read its pitch deck.

Shiva founder Lucas Marques.

Ana Paula Peres

• Brazilian startup fund Shiva has raised $10 million to invest in niche software startups.
• Founder Lucas Marques is betting that diverse, tiny teams can compete on the global stage.
• Shiva will fund founders with monthly grants, capping each investment at $300,000.

A Brazilian startup fund is betting that AI has made large headcounts and funding rounds unnecessary to compete on the global stage.

Shiva, named for the Hindu god of transformation...