{"id":21655,"date":"2021-01-07T10:15:45","date_gmt":"2021-01-07T10:15:45","guid":{"rendered":"https:\/\/www.lavca.org\/softbank-group-and-dynamo-lead-us190m-series-e-in-brazilian-e-commerce-madeiramadeira\/"},"modified":"2021-01-07T10:15:45","modified_gmt":"2021-01-07T10:15:45","slug":"softbank-group-and-dynamo-lead-us190m-series-e-in-brazilian-e-commerce-madeiramadeira","status":"publish","type":"post","link":"https:\/\/www.lavca.org\/softbank-group-and-dynamo-lead-us190m-series-e-in-brazilian-e-commerce-madeiramadeira\/","title":{"rendered":"SoftBank Group and Dynamo Lead US$190m Series E in Brazilian E-commerce MadeiraMadeira"},"content":{"rendered":"<p><em><span style=\"font-weight: 400;\">SoftBank Group and Dynamo led a <\/span><span style=\"font-weight: 400;\">US$190m<\/span><span style=\"font-weight: 400;\"> Series E round in <\/span>MadeiraMadeira<span style=\"font-weight: 400;\">, a Brazilian home goods e-commerce startup, with participation from VELT Partners, Brasil Capital, and Brazilian family office Lakewood Investment Management, and follow-on from monashees and Flybridge Capital. <\/span><span style=\"font-weight: 400;\">SoftBank led a <\/span><a href=\"https:\/\/www.lavca.org\/2019\/09\/17\/softbank-leads-a-us110m-investment-in-madeiramadeira\/\"><span style=\"font-weight: 400;\">US$110m<\/span><\/a><span style=\"font-weight: 400;\"> Series D in MadeiraMadeira, at a previous valuation of <\/span><a href=\"https:\/\/braziljournal.com\/madeiramadeira-ja-vale-mais-de-us-1-bi-com-dynamo-velt-e-brasil-capital-a-bordo\"><span style=\"font-weight: 400;\">US$500m<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/em><\/p>\n<p>(<a href=\"https:\/\/techcrunch.com\/2021\/01\/07\/madeiramadeira-brazils-answer-to-wayfair-and-ikea-is-now-worth-over-1-billion\/\">TechCrunch<\/a>) &#8211;\u00a0MadeiraMadeira, the Brazilian answer to Wayfair or Ikea, is now worth $1 billion after raising $190 million in late stage financing from investors led by SoftBank\u2019s Latin American investment fund and the Brazilian public and private investment firm, Dynamo.<\/p>\n<p>An online marketplace specializing in home products, MadeiraMadeira offers roughly 300,000 products so customers can build, furnish, renovate and decorate their homes.<\/p>\n<p>Founded in 2009\u00a0by Daniel Scandian, Marcelo Scandian and Robson Privado, the company has seen huge tailwinds come from the shift to online shopping in Brazil as a result of the global COVID-19 pandemic.<\/p>\n<p>Read more at <a href=\"https:\/\/techcrunch.com\/2021\/01\/07\/madeiramadeira-brazils-answer-to-wayfair-and-ikea-is-now-worth-over-1-billion\/\">TechCrunch<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group and Dynamo led a US$190m Series E round in MadeiraMadeira, a Brazilian home goods e-commerce startup, with participation from VELT Partners, Brasil Capital, and Brazilian family office Lakewood Investment Management, and follow-on from monashees and Flybridge Capital. SoftBank led a US$110m Series D in MadeiraMadeira, at a previous valuation of US$500m. (TechCrunch) &#8211;\u00a0MadeiraMadeira,<a href=\"https:\/\/www.lavca.org\/softbank-group-and-dynamo-lead-us190m-series-e-in-brazilian-e-commerce-madeiramadeira\/\">Continue reading <span class=\"sr-only\">&#8220;SoftBank Group and Dynamo Lead US$190m Series E in Brazilian E-commerce MadeiraMadeira&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":7037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SoftBank Group and Dynamo Lead US$190m Series E in Brazilian E-commerce MadeiraMadeira - LAVCA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lavca.org\/softbank-group-and-dynamo-lead-us190m-series-e-in-brazilian-e-commerce-madeiramadeira\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SoftBank Group and Dynamo Lead US$190m Series E in Brazilian E-commerce MadeiraMadeira - LAVCA\" \/>\n<meta property=\"og:description\" content=\"SoftBank Group and Dynamo led a US$190m Series E round in MadeiraMadeira, a Brazilian home goods e-commerce startup, with participation from VELT Partners, Brasil Capital, and Brazilian family office Lakewood Investment Management, and follow-on from monashees and Flybridge Capital. SoftBank led a US$110m Series D in MadeiraMadeira, at a previous valuation of US$500m. 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SoftBank led a US$110m Series D in MadeiraMadeira, at a previous valuation of US$500m. 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