SoftBank Latin America led a $25m Series A funding round in Trelo.

SoftBank Latin America, a technology investment fund, led a $25m Series A funding round in Trela, a developer of a collective purchasing platform, with participation from Kaszek, General Catalyst, Y Combinator and Pierpaolo Barbieri. The funds raised will be used for geographic expansion and hiring staff. "Delivery is always free, because consumers are at the same delivery point. The products offered by the platform are high-value foods and beverages, often handmade, that are only sold by restaurants or premium markets," Guilherme Nazareth, Trela Co-Founder and CEO.