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Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing to $80 million. Existing backer Redpoint eventures, which first put money in Olist in 2015, also participated in the latest round. With this latest infusion, Olist has now raised over $126 million since its 2015 inception. This round is reportedly its last before the company plans to go public, according to Bloomberg. SoftB...

2 Min Read SAO PAULO (Reuters) - Brazilian e-commerce solutions platform Olist has raised $23 million in fresh investment from Goldman Sachs and venture capital firm Redpoint eventures in its most recent round of funding, the SoftBank-backed company said on Thursday. The proceeds will fund Olist’s expansion plans, including new hiring, acquisitions and expansion outside Brazil. This fourth funding round totaled $80 million. CEO and founder Tiago Dalvi said Olist decided to expand the funding round, first announced in November, as faster-than-expected growth demands more capital. Amid lockdo...

SoftBank-Backed Loggi Valued Near $2 Billion in Fundraising Bloomberg 3/1/2021 Vinícius Andrade © Bloomberg The SoftBank Corp. logo is displayed alongside notices indicating a change in closing time and for wearing protective masks when visiting a store on a glass door of a store in Tokyo, Japan, on Tuesday, April 14, 2020. SoftBank Group forecast a record 1.35 trillion yen ($12.5 billion) operating loss for the fiscal year ended in March, a sign of how badly Masayoshi Son's bets on technology startups have been battered in recent months. (Bloomberg) -- Brazilian deliver...

Brazilian online home goods seller MadeiraMadeira raises $190m led by SoftBank, Dynamo Photo: Deborah Cortelazzi / Unsplash Premium Brazilian online home goods platform MadeiraMadeira has raised $190 million in a new funding round that valued it above $1 billion, the company said on Thursday. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories_le...

Aluisio Alves 1 分钟阅读 SAO PAULO, Jan 7 (Reuters) - Brazilian online home goods platform MadeiraMadeira has raised $190 million in a new funding round that valued it above $1 billion, the company said on Thursday. Existing investor Japan’s SoftBank Group Corp and Dynamo led this fifth funding round, which also included Flybridge, Velt Partners, Brasil Capital, Lakewood Capital and Monashees. The company will use the proceeds to expand the business as sales outpaced expectations last year after the coronavirus pandemic boosted online shopping, CEO and co-founder Daniel Scandian said in...