Japanese SoftBank Negotiating New Investment in Brazilian Startup MadeiraMadeira

Home design store MadeiraMadeira sells online ready-to-assemble furniture, kitchen appliances and home accessories, among other useful goods and occasionally home services.

RIO DE JANEIRO, BRAZIL - The Japanese SoftBank Group is among the current MadeiraMadeira investors that is negotiating a new round of investments of US$120 million, in a transaction that may confer unicorn status (market value more than US$1 billion) on the startup, according to a source with knowledge of the subject.

Home design store MadeiraMadeira sells stylish online ready-to-assemble furniture, kitchen appliances and home accessories, among other useful goods and occasionally home . . .

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