SoftBank and Porto Seguro were among the investors that brought the pet-focused e-commerce platform’s disclosed funding to more than $225m.

Telecommunications and internet group SoftBank’s Latin America Fund and insurance company Porto Seguro have participated in a $150m funding round for Brazil-based online pet product retailer Petlove, TechCrunch reported yesterday.

The round was led by Riverwood Capital and also featured Tarpon, Monashees and L Catterton, and brought the total funding disclosed by the company to over $225m.

Founded in 1999 under the name PetSuperMarket, Petlove rebranded in 2012 and sells a wide range of pet products through its online store.…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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