Noerr has advised Linio Holding on a Series D financing round for EUR50 million.
The financing round was led by Mexican investors LIV Capital and Northgate together with Swedish investor Kinnevik.
Launched in 2012, Linio is e-commerce platform in Latin America with operations in Mexico, Columbia, Argentina, Chile, Peru, Panama, Venezuela and Ecuador. As the promoter of B2C e-commerce in Latin America, Linio operates the largest marketplace platform in the region, offering more than six million products across 60 categories via a network of over 27,000 professional sellers.
The new capital will strengthen the platform’s position and allow further growth.
Linio relied on the advice of a Noerr team lead by Christian Pleister and Laurenz Tholen for this transaction. Noerr had already advised Linio on the last funding round in November 2015.