logistics and distribution

IFC led a $US $7.1m Series B investment round in Brazil's Mandaê, a parcel logistics startup. Other participants include UPS Strategic Enterprise Fund, Mercado Libre Fund, Tekton Ventures, FJ Labs, and existing investors Performa Investimentos, Qualcomm Ventures, Monashees, and Icon Holding Company.

IFC Led a US$7.1m Series B in Brazilian Parcel Logistics Startup Mandaê

2 May 2018

IFC led a $US $7.1m Series B investment round in Brazil’s Mandaê, a parcel logistics startup. Other participants include UPS Strategic Enterprise Fund, Mercado Libre Fund, Tekton Ventures, FJ Labs, and existing investors Performa Investimentos, Qualcomm Ventures, Monashees, and Icon Holding Company.