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Synopsis
SoftBank-led consortium made a $84.5m investment in Descomplica, an EdTech firm in Brazil. An investment is co-led by investment funds Invus Opportunities and SoftBank, with the participation of Valor Capital Group, Península Participações, Chan Zuckerberg Initiative and Amadeus Capital Partners. The Edge, guitar player of Irish rock band U2, also joined the round. “Descomplica has been changing the education landscape in Brazil for years now and we are very committed to its growth going forward. We believe in supporting companies through their lifecycles and have been an investor in Descomplica since the very beginning,” Antoine Colaço, Valor Capital Group Managing Partner.
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