VTEX receives $227 mn contribution and becomes the new Brazilian unicorn

VTEX, a Brazilian company in the e-commerce solutions sector, announced that it raised R$1.25 billion ($227 mm) in a round of D-series financing, which yielded a valuation of $1.7 billion, making it Brazil’s newest unicorn, a category of startups that are valued at more than $1 billion.

Source: UOL Economia