has been busy in Brazil.
The investment giant has reportedly led a $150 million investment in Brazilian shipping logistics platform ��at��a reported valuation of over $1 billion, according to , the Association for Private Capital Investment in Latin America, which cited Brazilian publication . It���s also pumped $200 million in Brazilian fintech startup at a reported $700 million post-money valuation, LAVCA said citing a report from .
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The Loggi funding also included participation from GGV Capital, Fifth Wall, Velt Partners and Microsoft.
It���s not the first time SoftBank has put money in the six-year-old Sao Paulo-based company. It also invested $100 million in Loggi as part of the startup���s , which was announced last October. Loggi���s aim is to ���reinvent logistics with a fast, cost-efficient and reliable network across e-commerce, wholesale food delivery and courier services.���
Sao Paulo-based Creditas operates a digital platform which offers secured consumer loans. It was formerly called BankFacil.
Earlier this year, SoftBank unveiled plans for��, or what it described as ���the largest-ever technology fund focused exclusively on the fast-growing Latin American market.��� In April, we did a deep dive look at how Latin America has ���arrived��� among global VCs. Brazil, in particular, is leading the way in terms of dollars raised and deal volume.
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