Announced
Financials
Sources
Tags
Single Bidder
Completed
E-commerce
home products
online retailer
Brazil
Minority
Cross Border
Acquisition
Private Equity
Venture Capital
Private
Friendly
Synopsis
SoftBank Group and Dynamo led a $190m Series E funding round in MadeiraMadeira, an online home goods platform. Private equity firms Flybridge, Velt Partners, Brasil Capital, Lakewood Capital and Monashees also joined the round. The company will use the proceeds to expand the business as sales outpaced expectations last year after the coronavirus pandemic boosted online shopping.
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