May 3, 2021 |
Merama, a five-month old e-commerce startup based in Brazil and Mexico, said it has raised $160 million to finance its growth in Latin America.
The company said $60 million of the financing is in equity and $100 million in debt, according to a press release.
The investors included the Latin America-focused venture capital funds Monashees Capital and Valor Capital, as well as UK-based Balderton Capital. Other investors were the CEOs of leading technology companies in the region, including Brazili
E-commerce start-up raises $160 mln from Valor Capital, Monashees, Balderton and others