Nowports announced that it has received $150 million in a round of funding led by returning investor SoftBank Latin America Fund, a fund managed by SBLA Advisers Corp. on May 24, 2022. The transaction also included participation from returning investors Tiger Global Management, LLC, Mouro Capital, Foundation Capital, LLC, Broadhaven Capital Partners, LLC, Investment Arm, Monashees Gestão de Investimentos Ltda., Soma Capital Management, LLC, Base10 Partners Capital Management, LLC, Tencent Holdings Limited and also included participation from Daniel Voguel, Ricardo Amper, Alex Bouaziz as well as Roger Laughlin.

The transaction was raised at post-money valuation of $1,100 million.