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After SoftBank, Chinese giant Tencent invests in a Brazilian startup that takes management to SMEs

October 27, 2021
Source: lodivalleynews.com lodivalleynews.com
News Snapshot:
SAO PAULO – Omie, a Brazilian startup offering a cloud management platform for SMEs, has announced the extension of its Series C investment round. An additional contribution was made by Tencent, the Chinese giant behind the WeChat messaging app and business investor such as Brazilian startups Quinto Andar and Nubank. The value of the investment was not disclosed, but Tencent has acquired a minority stake in Omie. Series C was held in August of this year and was valued at R$580 million, led by SoftBank Latin America Fund . Japanese telecommunications conglomerate SoftBank owns two Latin American funds worth $5...
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