SoftBank led a $110m financing round in MadeiraMadeira.

SoftBank led a $110m financing round in MadeiraMadeira, a Brazilian online home goods platform. Investment firm Light Street Capital is also participating in the funding round, alongside SoftBank and Flybridge Capital, which is already an investor in MadeiraMadeira. The Brazilian retailer, which offers around a million home furnishing products, said it will use the proceeds to invest in technology, logistics and customer services.