Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab
Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt.
The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle.
“We are receiving significant inbound for a Series B already,” he said.
LatAm firms Valor Capital and Monashees Capital and U.K.-based Balderton Capital co-led the “massively oversubscribed” funding round, which also included participation from Silicon Valley-based TriplePoint Capital and the CEOs of four unicorns in Latin America, including Uala, Loggi, Rappi and Madeira Madeira.
Merama has raised a $60M Seed and Series A and $100M of Debt and seeks to become the largest e-commerce product business
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Fundada por brasileiros, startup Merama surge na pandemia e levanta US$ 160 mi - Link
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Mais do que simples revestimentos
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