SoftBank and Microsoft have helped the last-mile delivery service increase its valuation to roughly $2bn in a round led by CapSur Capital.
Telecommunications and internet group SoftBank and software provider Microsoft have participated in a R$1.15bn ($205m) round for Brazil-based delivery service provider Loggi, that valued it at almost $2bn, Bloomberg reported yesterday.
Growth equity fund CapSur Capital led the round, which included hedge fund manager Verde Asset Management and most of Loggi’s existing backers. Venture firm Monashees and investment firm Sunley House also invested, according to Reuters.
Loggi operates a mobile platform that supplies delivery and courier services to consumers and…
