SoftBank Sees More Investments in Latin American Startups in 2024 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The idea is to dedicate about 50% of its capital investments to those companies in the next 12 to 18 months, up from 10% in recent years, said Alex Szapiro, SoftBank’s head of Brazil.
Nowports, an automated digital freight forwarder in Latin America, has raised $150 million in a Series C funding round which values the company at $1.1 billion. For the unacquainted, digital freight forwarders use digital tools that improve communication and efficiencies in the shipping process, among other things, to help shipments get where they need to .