#Brazil
Monashees New $700 Million Funds to Latin America
Monashees to go after Latin America’s Techs
Brazilian venture capital firm Monashees is raising $700 million in two new funds to invest mainly in startups in Latin America.
Brazilian venture capital firm Monashees is raising $700 million in two new funds to invest mainly in startups in Latin America. The Brazilian unicorn seeker is broadening its strategy into finding new opportunities in tech-based Latin American companies.
Latam startups be ready for more money coming your way !
Investment fund Monashees plans to raise one fund focused on startups, its tenth vehicle for newly founded firms, and another one to invest in late-stage companies, its second of such a kind, with $350 million each.
Monashees newest fundraising comes amid a tech dealmaking boom in Latin America, including the launching of gigantic new funds investors such as SoftBank Group Corp.
Monashees’ new fundraising is timely, as there has been a frenzy of investments into Latin America’s tech sector as explained in detail by Latin America’s legal specialist Foley and Lardner LLP partner, André Thiollier in a Thompson Reuters Westlaw publication this Fall.
In 2020, $4,1 billion of venture capital were invested in the continent, exceeding the $3,3 billion deployed in Southeast Asia and the combined capital invested in Africa, the Middle East and Central Europe, according to the Global Private Capital Association.
A pioneer in the sector region, Monashees was founded in 2005 by Eric Acher and Fabio Igel. Its portfolio of companies include Colombia’s delivery app Rappi, and Brazil’s proptech Loft, logistic company Loggi, fintech Neon, and online home goods platform MadeiraMadeira.
-
#Brazil3 anos ago
Je Suis Ukraine
-
#Brazil3 anos ago
Brazil Credit Fintech TerraMagna Raised $40 Million Led by Softbank in Its First Entry into Farming
-
#Latinamerica3 anos ago
Latin America Stands Out in November Venture Capital and Acquisition Activities
-
#Brazil3 anos ago
Mattos Filho Advised Underwriters in Nubank’s IPO
-
#Brazil3 anos ago
Agrolend Raises $14 Million All-Equity Series A Led by Valor Capital
-
#Latinamerica3 anos ago
How Fundable is Your Startup
-
#Brazil3 anos ago
Goldman Sachs Invests in Unico IdTech and Takes the Brazilian SaaS Startup Valuation above $2,5 Billion
-
#Brazil2 anos ago
Carbonext Receives $40 Million from Shell for Carbon Credit Projects in Brazil’s Amazon
-
#Brazil3 anos ago
Brazil’s Grão Direto Lands Series-A2 from Agribusiness Powerhouses Cargill, Louis Dreyfus Company, Archer Daniels Midland Company and Amaggi Agro.
-
#Brazil3 anos ago
Brazil’s Medway Lands Series-A Round of $15 Million Led by Softbank Latin American Fund
-
#Brazil3 anos ago
Digital Private Pension Broker Saks Lands BRL 26 Million Seed Investment from Itaú-Unibanco’s Private Equity Fund Kinea and Canary
-
#Brazil2 anos ago
Brazilian Fintech Marvin Lands Series-A of $15 Million Backed by American Early Venture Capital Canaan