SAO PAULO: Brazilian delivery startup Loggi Tecnologia Ltd, which is backed by SoftBank Group Corp and Microsoft Corp, raised 1.15 billion reais (US$205mil) in its latest funding round that now values the company at close to US$2bil.
The new round, the company’s largest yet, was led by CapSur Capital and included renowned Brazilian hedge fund manager Luis Stuhlberger’s Verde Asset Management among the backers for the first time, the firm said.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
