CreditEase is part of a list of limited partners that provided $150m for Brazil-based venture firm Monashees to close its eighth fund.
Brazil-based venture capital firm Monashees closed its eighth fund yesterday, raising a total of $150m from limited partners including online lending platform CreditEase.
Monashees VII’s LPs also included Singaporean state-owned investment firm Temasek, Brandywine Trust Group, S-Cubed Capital, IDG Capital, Horsley Bridge Partners, University of Minnesota, private investor Mike Krieger and 15 high-net-worth Brazilian groups and families.
Founded in 2005, Monashees invests in early-stage companies based in Latin America, targeting sectors such as healthcare, financial services, transportation and logistics. The…
