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  4. Latham & Watkins Advises SoftBank Vision Fund 2 in Weee!’s US$425 Million Series E Financing

Latham & Watkins Advises SoftBank Vision Fund 2 in Weee!’s US$425 Million Series E Financing

An emerging companies team represents the lead investor in the funding round.

March 02, 2022

Weee!, the largest and fastest-growing ethnic e-grocer in North America, has announced it secured US$425 million in Series E financing led by SoftBank Vision Fund 2. Greyhound Capital also participated in this round alongside the company's existing investors. The capital will be used to expand Weee!'s platform offering across new and existing ethnicities, and scale grocery and food delivery services to new geographies providing more customers with access to exciting food at affordable prices. The company will also advance warehouse automation and AI innovations to further improve its industry-leading customer experience.

Latham & Watkins LLP represents SoftBank Vision Fund 2 in the financing with an emerging companies deal team led by Bay Area partners Saad Khanani and Ben Potter, with Bay Area associates Betsie Stukenborg and Melinda Vanderburg. Advice was also provided on intellectual property matters by Bay Area counsel Arielle Singh; and on HSR matters by Washington, D.C. counsel Patrick English.

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