Monashees makes $14m Series A investment in Chile’s Vambe

The investment was made through the acquisition of preferred shares, along with the conversion of convertible instruments, by Monashees Holding X and other strategic investors.

“The transaction is innovative because it introduces international capital and know-how to scale advanced conversational commerce technologies in a market where messaging is already the primary B2C channel,” according to Chilean law firm Carey, which advised Monashees on the investment.

“The round will enable Vambe to accelerate the development of artificial intelligence-based solutions, including a pioneering agent-to-agent recommendation engine for agents that facilitates automated commercial collaboration between businesses. This approach is unprecedented in the region and redefines how companies discover, engage, and serve customers at scale,” the law firm added.

Carey´s team was led by partner Francisco Guzmán, with associates Andrés Latorre, Ignacio Alfaro and Florencia Varas.

Bronstein Zilberberg Chueiri & Potenza Advogados acted as counsel to Monashees, with a team led by partner Eduardo Zilberberg, with associates Paula Bobrow and Lucian Rocha, while Blackbox Startup Law also acted as counsel to Monashees, with a team led by co-founders Víctor Aguirre-López, Carlos Aguerrebere and Iván Guzmán, with associates David Ronquillo, Alec Guzmán and Diana Ponce.

Law firm Gunderson Dettmer acted as counsel to Vambe, with a team led by partner Daniel M. Green, with associates Daniel Gallo Mainero and Felipe Hasenohr.

Monashees´in-house lawyers were Larissa Machado and Muriel Kaufmann.