Investors Valor Capital and ONEVC led the round joined by Better Tomorrow Ventures, Latitud and investment fund Canary

Foley & Lardner advised Clubbi, a Brazilian grocer connector digital platform and marketplace, as US legal counsel to its seed investment round from Valor Capital (investors in CargoX, Merama and CloudWalk) and ONEVC (investors in Gringo and Kovi) in the amount of $4,5 million. Better Tomorrow Ventures, Latitud and Canary joined the round.

Clubbi is a Brazilian integrated marketplace for suppliers to reach and sell products to retailers. While suppliers still rely mostly on door-to-door sales in Brazil, Clubbi created a platform and marketplace to transform an analog channel with a digital distribution tool which is revolutionizing the market. 

About Foley & Lardner counseling of Clubbi

Foley & Lardner LLP advised and acted as U.S. legal counsel to Clubbi. 

Silicon Valley partner, and Latin America specialist, Andre Thiollier advised Clubbi on the matters relating to U.S. law, and led the firm’s deal team with New York associate Ashley Youn-Jae Lee, and Nick Fletcher and Polo Pedroza.

Foley is a US-based full service global law firm servicing its clients in the U.S. and abroad from over 25 offices around the globe.

Partner André Thiollier is based in the firm’s Palo Alto and San Francisco offices.

Other firms behind the deal

Bronstein, Zilberberg, Chueiri & Potenza Advogados represented and acted as Brazilian legal counsel to Clubbi. 

Bronstein Zilberberg is a full service law firm based in São Paulo and is highly recognized as one of the top M&A Venture Capital law firms in the country.

Partner Eduardo Zilberberg led the Bronstein Zilberberg deal team.

Wilson Sonsini acted as US legal counsel to Valor Capital. The firm is headquartered in Palo Alto, California with offices in 16 cities in the U.S. and abroad.

Beyond the Law.News was not informed of nor could it verify the name of the law firms representing or acting on behalf of other parties.

Transaction Details In

Grocer Connector Clubbi Landed $4,5 Million Seed Round

KEYWORDS

Foley represented Clubbi, venture capital, latin america, brazil