Congratulations to Bruno Yoshimura and the ONEVC team for this important achievement. Bruno is a fellow of our POY Fellowship Program and a member of our Young Professionals Committee.
In recent years, Brazil’s startup scene has exploded as investor interest in Latin America as a whole has increased. And ONEVC, a cross-border fund dedicated to investing in U.S. and Latin American startups, is ideally poised to capitalize on that.
The firm, with offices in São Paulo and San Francisco, has closed its first fund, ONEVC FUND I LP, Crunchbase News has learned exclusively.
The firm has $30 million under management, along with $8 million to invest in “special opportunities” (more about those later). Since it was formed in November 2017, ONEVC has already seen two portfolio companies become unicorns and another (San Francisco-based HeyDoctor) exit.
By Mary Ann Azevedo via Crunchbase News