The delivery services platform secured $100m in a round led by returning investor SoftBank Vision Fund, while another SoftBank fund considers adding $50m.
Telecommunications and internet group SoftBank led a $100m funding round for Brazil-based delivery service provider Loggi yesterday through its Vision Fund.
Software provider Microsoft, investment firm Velt Partners and venture capital firms GGV Capital and Fifth Wall Ventures also participated in the round, which could yet be boosted by $50m from the $5bn Latin America Ventures fund SoftBank launched in March this year.
Loggi runs a last-mile delivery service, using artificial intelligence-equipped software to efficiently allocate packages and routes…
