Laika Universe obtains USD 48 million in Series B funding round

Cuatrecasas has advised Laika Universe Inc., an e-commerce leader in the Latin American market for pet products and services, on 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 and Pablo Martínez, with the collaboration of Juan Puerta, Sebastián Salazar, Juan Pablo Arenas and Andrea Bocanegra.