Industry Newsroom

e.bricks Ventures Reaches USD100m First Close for Third Fund; Announces Investments in Brazilian Startups Avenue and bro.

e.bricks Ventures reached a first close of its USD100m of Fund III to target Brazilian startups. Following the intial close, e.bricks completed investments in Avenue, a Brazilian broker that brings investment alternatives and digital accounts in the US to Latin American clients, and bro., a digital platform for consórcio (a pre-purchase financing pool typically used for auto and real purchases in Brazil).