Laika Universe’s $48 Million Series B Funding Round

Cuatrecasas has advised Laika Universe Inc. on the deal while Morrison & Foerster advised SoftBank Latin America Fund.

Laika Universe Inc., an e-commerce leader in the Latin American market for pet products and services, completed its Series B funding round for USD 48 million.

The funding round, which included SoftBank as lead investor, will enable the company to consolidate its position in the Colombian market and accelerate its growth in the region. With this transaction, Laika forges ahead with its growth strategy into new markets in Latin America.

The Cuatrecasas team advising on the project was led by lawyers Juan Felipe Vera (Picture) and Pablo Martínez, with the collaboration of Juan Puerta, Sebastián Salazar, Juan Pablo Arenas and Andrea Bocanegra.

The MoFo team advising SoftBank Latin America Fund on the deal was led by Miami-based Latin America Desk co-chair Randy Bullard, together with corporate partner Juan Delgado and associates Axel Miranda and Fernando Guardazzi.

Involved fees earner: Juan Pablo Arenas – Cuatrecasas; Pablo Martínez – Cuatrecasas; Juan Fernando Puerta – Cuatrecasas; Sebastián Salazar – Cuatrecasas; Juan Felipe Vera – Cuatrecasas; Randy Bullard – Morrison & Foerster; Juan Manuel Delgado – Morrison & Foerster; Fernando Guardazzi – Morrison & Foerster; Axel Miranda – Morrison & Foerster;

Law Firms: Cuatrecasas; Morrison & Foerster;

Clients: Laika Universe; SoftBank Latin America Fund;