Merama — a leading acquirer and builder of direct-to-consumer businesses in Latin America — announced recently that it raised $225 million in Series B funding at a valuation of about $850 million. And the all-equity round was co-led by Advent International and SoftBank Group.

New investor Globo Ventures — the venture arm of the Brazil-based media conglomerate — and existing investors Monashees, Valor Capital, Balderton Capital, and MAYA Capital also participated in the financing, which was more than three times oversubscribed.

Click here to view original web page at pulse2.com