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.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!