Latin American VC Firm Monashees Establishes Silicon Valley Presence to Connect Region's AI Startups

Monashees, one of Latin America's most influential venture capital firms, has expanded its footprint by opening a San Francisco office to bridge Latin American startups with capital and AI research emanating from the Bay Area. The firm, founded in 2005 in São Paulo when Brazil lacked any startup ecosystem, has since witnessed the country emerge as a regional powerhouse attracting major investment from U.S. tech giants. The firm recently announced a partnership with Google called the Gama Fund, through which the two entities co-invest up to $2 million in AI-native and deep tech startups at pre-seed or seed stage in Brazil. The initiative's first summit is scheduled for later in 2026 in San Francisco, bringing together Latin American founders building businesses powered by artificial intelligence. Monashees makes approximately eight to ten new investments annually and is completing deployment of its $370 million fund across roughly 35 companies.