RIO DE JANEIRO – Shiva Capital, a new Brazilian AI startup fund, has announced its groundbreaking strategy to disrupt the traditional venture capital model by providing teams with what sources describe as “just enough to avoid outright starvation.” The fund, which recently closed a $10 million round, plans to cap investments at a generous $300,000 per startup, distributed in monthly grants designed to cover only the most essential operational costs, like a single ergonomic chair and a subscription to a motivational podcast.

Founder Lucas Marques stated that AI has rendered large headcounts and lavish funding rounds obsolete. “Why pay for a whole engineering team when one sleep-deprived genius and a ChatGPT subscription can do the same work?” Marques posited during a press conference held in what appeared to be a repurposed storage closet. “Our founders will be lean, agile, and acutely aware of their dwindling bank balance. That’s where true innovation thrives.”

Industry analysts are cautiously optimistic. “It’s certainly a bold move,” commented Dr. Anya Sharma, a professor of 'Extreme Frugality in Tech' at the University of Palo Alto. “Historically, innovation has been fueled by either immense wealth or dire desperation. Shiva seems to be leaning heavily into the latter.” One prospective founder, who wished to remain anonymous, reportedly quipped, “I’m not sure if they’re funding startups or a social experiment on the limits of human endurance.”

Shiva Capital anticipates its portfolio companies will achieve global dominance, primarily by being too malnourished to notice they haven't yet.