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Mandi Ventures

São Paulo, Brazil

Overview

Early-stage venture capital fund for food and agriculture technologies.

Deals · 12mo

0

Stage focus

Seed
Series A
Series F

Geographic focus

Croatia
France
United Kingdom
United States

Sector focus

—

Investment portfolio

4rounds
NAMEDATESIZE
Lembas
Jun 2025Participated
$4 MSeed
Mium Lab
Feb 2023Participated
$5 MOther Equity
Multus
Jan 2023Led
$12 MSeries A
Farmers Business Network
Aug 2020Participated
$250 MSeries F
Lembas
Jun 2025Participated
$4 MSeed
Mium Lab
Feb 2023Participated
$5 MOther Equity
Multus
Jan 2023Led
$12 MSeries A
Farmers Business Network
Aug 2020Participated
$250 MSeries F
4
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Insights

Time horizon

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Deal Distribution

Mandi Ventures: 4 funding rounds are recorded in the selected participation categories.All available history.
Mandi Ventures: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A10
Series C+01
Other Equity01

Monthly Deal Activity

Mandi Ventures: 4 deals are recorded across 75 months.All available history.
Mandi Ventures: 4 deals are recorded across 75 months. All available history
MonthDeals
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '231
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '251
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Mandi Ventures: Food & Agriculture is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Mandi Ventures: Food & Agriculture is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Food & Agriculture2
Marketing & Advertising1
Media & Entertainment1
Health & Life Sciences1
E-Commerce & Retail1
Clean Energy & Sustainability1
Developer Tools1
Consumer & Lifestyle1

Deal Size Distribution

Mandi Ventures: 4 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Mandi Ventures: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Mandi Ventures: Europe has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Mandi Ventures: Europe has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
Europe3
United States1
Mandi Ventures: 20 co-investors are shown, with Aquasourca sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Mandi Ventures: Led accounts for 25% and participating for 75% of round participation.All available history.
Mandi Ventures: Led accounts for 25% and participating for 75% of round participation. All available history
CategoryDeals (count)Share (%)
Led125%
Participating375%
Mandi Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Mandi Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Antonio Moreira Salles

Co-founder and General Partner

Julio Benetti

Co-founder and General Partner

Leonardo Sabo

Principal

Luigi Quinto

Associate

Raffael Teruel

Partner and Investor