Merce do Bairro $9.38M Round in Financing [Global Legal Chronicle]

Merce do Bairro $9.38M Round in Financing [Global Legal Chronicle]

Originally posted on Global Legal Chronicle

By Ambrogio Visconti

Mercê do Bairro secured a $9.38 Million capital injection in a Series A funding round led by Flourish VC, Quartz, Global Founders Capital, Alexia Ventures Maya Capital, SV Latam Capital, Picus Capital and DOMO Invest.

Founded in 2019 and based in São Paulo, Mercê do Bairro is a virtual retail chain that offers digital solutions to help small grocery stores increase revenue and cut costs.

Bronstein, Zilberberg, Chueiri e Potenza Advogados advised Mercê do Bairro on the transaction with a team including Guilherme Potenza (Picture), Eduardo Zilberberg, Paula Bobrow and Natalia Fleichman.