E-Commerce platform V-Tex raises $140M led by SoftBank

SoftBank’s LatAm fund led the $140 million funding round of V-Tex, an e-commerce platform that helps companies like Walmart Levi’s, Sony, L’Oréal and Motorola expand into the Latin American market by providing cloud infrastructure. The round also saw participation from Gávea Investimentos and Constellation Asset Management.

 “VTEX has three attributes that we believe will fuel the company’s success: a strong team culture, a best-in-class product, and entrepreneurs with profitability mindset,” said Paulo Passoni, managing investment partner at SoftBank’s Latin America fund, in a statement.

Charleston-based bike-sharing company Gotcha acquired for $12 million

Charleston based Gotcha—a company that partners with colleges and cities to rent electric bikes and scooters—has been acquired by ride-sharing company OjO Electric in a deal valued at $12 million. “It gives us the ability to raise money in a different way,” Gotcha CEO Sean Flood said in a statement.

OjO Electric is publicly-traded which played a huge role in the dealmaking process. As per the deal, $6 million will be paid upfront and rest is contingent to Gotcha meeting milestones.

Direct-to-consumer pet supplies company Pawp raises $3M in seed funding

Pawp, a digital platform for direct-to-consumer pet supplies, has raised $3 million in seed funding from Digitalis and DCM. “There’s a deep lack of trusted advisers in the space. And that’s really what we’re trying to do,” said CEO and co-founder Marc Atiyeh in a statement.

Pawp sells pet food and supplies and offers same-day delivery in New York City and two-day delivery nationwide.