Monashees

monashees and Go4it Capital made a US$8.5m Series A investment in Fazenda Futuro, a Brazilian foodtech startup making plant-based hamburgers, at a reported US$100m post-money valuation. Founders Marcos Leta and…

monashees and Base10 led a US$5.3m seed investment in Nowports, a Mexican automated freight platform, with participation from investors including Y Combinator, Broadhaven, Soma Capital, Partech, Tekton, and Paul Buchheit.…

Colombian agtech Frubana raised US$12m over two rounds. monashees, Y Combinator, Kairos and GE32 Capital invested US$2m pre-seed, and Kairos led a US$10m seed round. Frubana was founded in 2018…

Andreessen Horowitz invested US$12.5m in ADDI, a Colombian point-of-sale lending startup, with participation from previous investors monashees, Village Global and Sinai VC. ADDI raised US$3.8m in 2018.  (TechCrunch) Andreessen Horowitz…

Grow Mobility, the Latin American rideshare startup that resulted from the Grin/Yellow merger, has merged with payments startup Flinto. Grin & Yellow jointly raised US$150m in January 2019. Backers include…

Monashees led a US$10.5m seed investment in Kovi ,provider of rental cars for on-demand drivers in Latin America, with participation from MAYA Capital and ONEVC. Co-founders Adhemar Milani Neto (CEO)…

monashees and the IFC led a US$14.3m Series A in Colombian logistics platformLiftit, with participation from Jaguar Ventures, MELI Fund, NXTP Labs and others. LiftIt previously raised US$2.2m in seed funding in…

monashees, Mindset Ventures and Banco Votorantim made a US$6m investment in WEEL, a Brazilian cash flow management platform. Formerly WorkCapital, WEEL was founded in 2014 and received US$8.5m in 2017 from monashees, Mindset…

monashees closed its seventh VC fund, a US$150m vehicle, with participation from international endowments, foundations, family offices, funds, and entrepreneurs. Monashees has raised US$430m to date with 55 active portfolio companies, including Loggi, Rappi, Yellow, Grin, Neon, Mandaê and others.

Mexican e-scooter startup Grin raised a US$45.7m Series A and merged with Ride in Brazil. Lukasz Gadowski, Founder of Delivery Hero, led Grin’s Series A, with participation from existing investors Shasta Ventures, DCM, SV Angel, Trinity Ventures, monashees, and Base10 Partners. Grin raised an undisclosed seed round from monashees, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners, Y Combinator and others in early 2018, and was part of the YC Spring 2018 cohort.