Brazilian unicorn Loft secures $100M led by Middle Eastern wealth fund

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Loft Group secured a $100M  investment led by a Middle Eastern wealth fund. This round also saw participation from Andreessen Horowitz, Altimeter, Baillie Gifford, BTG Pactual, Close, Citi Ventures, CPP IB, D1 Capital, DST, Fifth Wall, GIC, Monashees, QED Investors, Silverlake, and Valor.

The funding will drive Loft Group’s expansion in Brazil and Latin America while supporting the creation of new products and services.

“We are thrilled to expand our partnership with current investors and welcome new, high-caliber global investors who share our long-term focus on championing market leaders.” Said Mate Pencz, Founder and CEO of Loft Group.

Loft Group is a leading Brazilian real estate company known for its innovative use of technology to transform the real estate experience.

Loft Group has reached notable milestones, indicating rapid growth and influence in the market. Its dedication to enhancing real estate experiences positions it for continued transformation across Latin America and beyond.

Read more on Tekios.

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