President Donald Trump took to the podium once again to reveal a significant investment targeting Artificial Intelligence development. “Largest AI Infrastructure project in history” At a press event at the White House, the President introduced Larry Ellison, CEO of Oracle, Masayoshi (Masa) Son, CEO of… Read More
Digital bank Revolut has reportedly made a deal with primary backer SoftBank on a change to the latter’s shareholding, a strategic move that will clear away a significant barrier in the fintech firm’s pursuit of a UK banking license. The Bank of England’s Prudential Regulation… Read More
Tractable, which claims to be a leader in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, announces a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors in the investment round include Insight Partners and Georgian… Read More
Cybereason, the XDR company, announced a $100 million investment led by SoftBank Corp. to support the company’s global growth and advance its innovation in XDR, EDR, and EPP solutions. In addition, Cybereason announced that Eric Gan will “serve as the company’s new CEO, subject to… Read More
SoftBank Group Corp.’s Shu Nyatta and Paulo Passoni, two of the managing partners at the SoftBank Group Corp.’s Latin America Fund, recently revealed that they’re leaving to launch their own venture business, which will mainly focus on late-stage startups in the area. As reported by… Read More
Observe.ai has raised $125 million in a Series C funding round bringing total funding for the firm to $213 million. The round was led by SoftBank Vision Fund 2 with participation from Zoom Video Communications. Other investors included Menlo Ventures, Nexus Ventures, Scale Ventures, Emergent Ventures,… Read More
Community Gaming, the “premier” all-in-one global earnings platform and competitive organizer, recently announced the closing of its “oversubscribed” Series A at $16 million. The investment round was reportedly led by SoftBank Group via its SB Opportunity Fund, along with contributions from Animoca Brands, Binance Labs,… Read More
Digits, a real-time finance and accounting platform for small businesses, this week closed a $65 million Series C funding round led by SoftBank with participation from Harry Stebbings’ 20VC Growth, as well as GV and Benchmark. The latest round brings Digits’ total funding to $97.5 million and values the company at $565… Read More
Real estate investment platform Roofstock has raised a $240 million Series E round at a $1.9 billion valuation, according to a statement from the company. Simultaneously, Roofstock shared that it has topped $5 billion in transaction volume as it gears up for more growth. The… Read More
PrimaryBid, a SoftBank-backed Fintech assisting retail investors with getting early access to IPOs, has secured $190 million in capital via the SoftBank Vision Fund 2 with the participation from Molten Ventures and others. The London-based Fintech firm is focused on helping retail clients get improved… Read More
Funding Societies, an online capital formation platform serving Asia, has announced $294 million in funding led by SoftBank. According to a statement by the company, USD $144 million was raised in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with new… Read More
Blockchain platform Aleo has raised a huge $200 million Series B funding round that delivered a valuation of $1.45 billion. The funding was led by Kora Management LP and SoftBank Vision Fund 2, with participation from Tiger Global, Sea Capital, Slow Ventures, Samsung Next, and… Read More
Tribal, a B2B payments and financing platform for emerging markets, has secured $60M in Series B funding led by SoftBank Latin America Fund. Coinbase Ventures also participated in the investment round, which included contributions from existing investors BECO Capital, QED Investors, and Rising Tide. In… Read More
OurCrowd, a top global investment crowdfunding platform, has received an investment from SoftBank. According to a note from the company, the SoftBank Vision Fund 2 will make a $25 million convertible equity investment into the company. Terms of the investment were not disclosed. As part… Read More
SoftBank Ventures Asia has led the $30 million Series A funding round in OY! Indonesia. MDI, Pavilion Capital, AC Venture, CCV, Wavemaker, PT SAT, Saison Capital Pte. Ltd., and Orion Advisors (DST Founders) also participated in the round that had a valuation of around $100… Read More
Mark Boost, CEO at Civo, says he’s pleased to confirm that THG Ingenuity, the technology division of digital commerce platform THG, has invested $2 million in order to “take a minority stake in Civo.” Boost writes in a blog post that they’re “proud” to be THG… Read More
Chime revealed on Friday (August 13, 2021) that it secured $750 million in capital through a Series G round round that now values the Fintech Unicorn at $25 billion. Notably, that’s $10 billion more than what the company had reported in October 2020 (when it… Read More
It’s raining Unicorns in India’s startup ecosystem. Mindtickle Inc., which provides an artificial intelligence-based tool to improve sales and product knowledge, has become the 20th Unicorn of the year by hitting a $1.2 billion valuation following a funding round led by SoftBank Group Corp. The… Read More
Toronto-headquartered Clearco — which was previously doing business as Clearbanc — has secured $215 million in growth equity through a round that was recently led by the SoftBank Vision Fund 2. The firm is now focused on its global expansion efforts. Established in 2015, the… Read More
Latin American cryptocurrency exchange Mercado Bitcoin today completed a $200 million Series B raise from the SoftBank Latin America Fund, Mercado Bitcoin parent company 2TM Group announced. 2TM Group now has a $2.1 billion valuation. The funds are earmarked for product and technology development along with… Read More
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