Japan-based technology conglomerate SoftBank Group has led a USD110 million investment in Brazil-based home furnishings online retailer MadeiraMadeira. Other investors in the funding round include early-stage venture capital firm Flybridge and technology-focused investment management firm Light Street Capital. The transaction reportedly values the company between USD300 and USD500 million. Flybridge had previously invested in MadeiraMadeira in July 2012 alongside venture capital firms Monashees Capital and Kaszek Ventures. MadeiraMadeira plans to deploy the fresh capital to develop its high-volume logistics platform Bulky Log, improve its user experience technology, and build its brand.