SoftBank led a US$110m investment in MadeiraMadeira, a Brazilian home goods e-commerce startup, with participation from Light Street Capital and follow-on from Flybridge Capital. KaszeK Ventures and monashees invested previously.
(Crunchbase) SoftBank Group is bullish on Brazil. After announcing its multi-billion dollar Innovation Fund to exclusively invest in Latin America earlier this year, the Japanese investment giant has been putting money into startups in the region left and right.
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