MoFo Advises SoftBank Latin America Fund on Investment in Digibee
MoFo Advises SoftBank Latin America Fund on Investment in Digibee
Morrison & Foerster advised entities managed by SoftBank Latin America Fund in connection with a Series A funding round for Digibee, a low-code integration platform. Digibee will use the investment round to expand abroad, focusing on the U.S. and Latin America. Launched in 2017, Digibee makes it easy for businesses to build and deploy integration workflows without having to touch any code. The service also focuses on turning integrations into reusable business logic, and a year ago, the company launched “Capsules,” or packs of common integrations that can be shared across organizations.
Launched in 2019, the $8 billion SoftBank Latin America Fund works with a variety of companies and entrepreneurs to accelerate tech-focused innovation and define the future of Latin America.
MoFo also recently advised SoftBank Latin America Fund on investments in Incode, a next-generation identity and authentication platform for global enterprises, Pismo, an all-in-one processing platform for banking, payments, and financial markets infrastructure, CRM&BONUS, a Brazilian-based platform that allows real-time control of giftback delivery to consumers, GAIA, an e-commerce platform for the sale of furniture and design accessories in Mexico, Open Co, a Brazilian consumer credit company, and Laika, a Colombia-based pet supplies e-commerce platform.
The MoFo team advising SoftBank Latin America Fund on the transaction was led by Miami-based corporate partner Alexandra Aguirre, together with associate Fernando Guardazzi.
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