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Brazilian Parcel Logistics Startup Mandaê Raises USD $7.1 Million Series B from World Bank Group’s IFC, UPS, Mercado Libre and Others to Reinvent Parcel Logistics

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PRESS RELEASE: SÃO PAULO, Brazil–(BUSINESS WIRE)–May 2, 2018– Mandaê announced it has closed a USD $7.1 million Series B round led by IFC, a member of the World Bank Group. Other participants include UPS Strategic Enterprise Fund, Mercado Libre Fund, Tekton Ventures, FJ Labs, and existing investors Performa Investimentos, Qualcomm…Read More

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