International legal practice Osborne Clarke has advised Brazilian venture capital manager, monashees, on its lead investment in AI energy analytics start-up Vortexa’s $19m Series B investment round.
The round was led by monashees with participation from all existing investors, including Notion Capital, Mosaic Ventures and Metaplanet Holdings. The investment brings the total amount raised by Vortexa to more than $30 million since inception.
Vortexa combines AI and deep industry expertise to provide the most complete real-time data and analytics tools for waterborne energy and shipping markets. Vortexa’s clients include oil supermajors, commodities trading houses, investment banks, brokers and ship owners, spanning across all continents.
Osborne Clarke provided English law advice to monashees. The Osborne Clarke team was Partner Steve Wilson, Associate Director James Taylor and Associate Hannah Stevens. Gunderson Dettmer provided US law advice.
Osborne Clarke has a market-leading international venture and growth capital practice and is widely recognised as a leading European law firm for companies operating in the technology space.