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Noerr advises Linio on EUR50m funding

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.

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