• Brazil's Loft adds $100M to its accounts, $700M to its valuation in a single month

    24 days ago - By TechCrunch

    Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation from a mix of new and existing investors such as DST, Tiger Global, Andreessen Horowitz, Fifth Wall and QED, among many others.
    At the time, Loft was valued at $2.2 billion, a huge jump from its being just near unicorn territory in January 2020. The round marked one of the largest ever for a Brazilian startup.
    Now, today, São Paulo-based Loft has announced an extension to that round with the...
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