W7 Brazil Capital and Atomico Invest BRL20 Million in Bebe Store (Latin America)

Source: Bebe Store

Brazilian private equity firm W7 Brazil Capital and global technology investment firm Atomico have invested BRL20 million (approximately US$10.2 million) in Bebe Store, a Brazil-based online baby and children’s products retailer. Bebe Store intends to use the funding to expand its product range, augment its management team and improve logistics capabilities. Atomico previously invested in Bebe Store in December 2011.