Mindset Ventures, a Brazil-based global micro venture capital firm, announced the first closing of its second fund, which aims to raise around US$25m.
The fund will invest mainly in startups from the US and Israel, with amounts ranging from US$200k to US$ 1m per company.
The goal is to invest in at least 15 companies in the first two years of operation.
Led by Managing Partners Camila Folkmann and Daniel Ibri, Mindset Ventures seeks for early-stage businesses, especially in the areas of Fintech, AgTech, Healthcare, Education and Cyber Security, that are interested in having relevant access to the LatAm market, particularly in Brazil.
The partners actively support the companies in their expansion efforts, by connecting them with potential clients, investors and mentors.
The firm is also a global partner of Microsoft Accelerator and has recently launched its operation in Tel-Aviv with a local venture partner. It is focused primarily on companies accelerated by Microsoft Accelerator that have potential to expand to the Brazilian market.
The first investments will already be announced until the end of 2017.
Through its first fund, Mindset Ventures has invested in 18 startups alongside top-tier VCs and angels in competitive funding rounds.
The team also includes partner Ricardo Politi and venture partner Boaz Albaranes.