SoftBank and Dynamo led a $190m Series E round in MadeiraMadeira.

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.