Monashees

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.

Goldman Sachs led a US$34m investment in Ualá, an Argentine mobile banking app, with participation from monashees, Ribbit Capital, Jefferies Group LLC, Cohen’s Point72 Ventures and Soros’s family office. 

GGV Capital led a US$63m Series A in Yellow, a Brazilian dockless bike service, with participation from monashees+, Grishin Robotics, Base10 Partners and Class 5. monashees+ and Grishin Robotics led a US$9m seed round in 2018.  Yellow is founded by Eduardo Musa, former CEO of bike manufacturer Caloi, and 99 co-founders Ariel Lambrecht and Renato Freitas.

monashees+ and XP Investimentos made an undisclosed investment in Rebel, a personal credit startup for middle-class Brazilians, with participation from Point Break Capital and J. Malucelli.

monashees+, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners and others made an undisclosed seed investment in Grin, an e-scooter company that just joined Y Combinator.

monashees+ and Qualcomm Ventures made a R$14.7m investment in Hi Technologies, a Brazilian healthcare startup. Hi Technologies received an investment from Positivo Tecnologia in April 2016. (Valor Econômico) A Positivo…

monashees+ led a R$19m investment in Volanty, a used car marketplace, with participation from Canary, which led a R$2.5m seed investment in 2017.