The furniture-focused e-commerce platform secured the funding in a round co-led by SoftBank as it looks to expand its physical footprint and launch own-brand products.

Telecommunications and internet group SoftBank has co-led a $190m funding round for Brazil-based online home furnishings retailer MadeiraMadeira, Reuters has reported, citing a company statement. The round was co-led by investment firm Dynamo and also featured Flybridge Capital Partners, Velt Partners, Brasil Capital, Lakewood Capital and Monashees, valuing MadeiraMadeira in excess of $1bn. MadeiraMadeira operates…

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