SoftBank Ventures Asia changes name to SBVA after closing $150M fund
SoftBank Ventures Asia is officially changing its company name to SBVA after closing $150 million fund.
SBVA said in a statement on Sunday the name change is beginning of February 1st after The Edgeof acquired the company from SoftBank Group Corp.(SBG) in June of last year.
According to the statement, the new SBVA embraces the concept of technological singularities and the broader impacts…
Singapore’s ZUZU Hospitality raises $9M in oversubscribed Series B round led by SoftBank Ventures Asia
ZUZU Hospitality Solutions Pte. Ltd., a Singapore-based revenue platform provider for independent hotels, has on Thursday announced the successful completion of an oversubscribed $9 million Series B round led by SoftBank Ventures Asia.
ZUZU Hospitality said in a statement that the round saw participation from Atinum Partners and existing investors Wooshin Venture Investment, Visor Ventures…
The Edgeof to acquire SoftBank Ventures Asia to establish Pan-Asian ecosystem for pioneering startups
The Edgeof, a newly formed ecosystem builder and venture capital entity in Singapore, announced Wednesday that it will acquire SoftBank Ventures Asia Corp (SBVA), a wholly-owned subsidiary of Japanese investment bank SoftBank Group Corp. (SBG), to establish a Pan-Asian ecosystem for pioneering startups.
The Edgeof and SBG said in a statement that both parties have agreed on the plans.
The…
South Korea’s oHouse raises $182M Series D funding from SoftBank Ventures Asia and others
oHouse, a South Korean home furnishing and remodeling unicorn, announced Monday that it has raised $182 million Series D funding from prominent global investors to power the global growth of its groundbreaking lifestyle platform.
The funding came from investors including SoftBank Ventures Asia, BRV Capital Management, Vertex Growth which is anchored by Temasek-backed Vertex Holdings, BOND,…
SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round
SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.
The AI autonomous navigation company will…
SoftBank Ventures Asia leads FinTech startup OY! Indonesia’s $30M Series A funding round
SoftBank Ventures Asia, the early-stage venture capital arm of the SoftBank Group, announced on Thursday its participation in Series A fundraising round of OY! Indonesia, a financial technology payments company in Indonesia.
The $30 million funding round was led by SoftBank Ventures Asia (SBVA), alongside other investors including MDI, Pavilion Capital, AC Venture, CCV, Wavemaker, PT SAT,…
Upstage raises $27M Series A funding led by SoftBank Ventures Asia for hiring AI talent and development of AI stack
Upstage, an artificial intelligence (AI) startup that helps companies focus on their core businesses, announced it has raised $27 million in a Series A funding round led by SoftBank Ventures Asia (SBVA) and Company K Partners. The funding round was also participated in by other investors such as TBT Partners, Premier Partners, Stonebridge Ventures, and Primer Sazze Fund.
Upstage plans to use…
Funding, talent & decision-making are the biggest challenges for innovators, says SoftBank Ventures Asia’s JP Lee [Q&A]
The new normal has been a driver of change for economies on a global scale, and this will be accelerated by a shift toward digital commerce, workplace digitalization, decentralization, and the rise of data and artificial intelligence.
SoftBank Ventures Asia, the global early-stage venture arm of the SoftBankGroup, fosters innovation in ICT and provides innovators with resources in addressing…
Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia
Singapore-headquartered cloud-based delivery platform Parcel Perform announced on Wednesday it has secured $20 million in Series A investments led by Cambridge Capital, a supply chain technology-focused global investment firm.
New investor SoftBank Ventures Asia, the corporate venture capital arm of Japan’s Softbank Group, has also joined the round alongside existing investors including…
Indonesian social commerce startup Super raises $28M Series B led by SoftBank Ventures Asia
Super, the Indonesia-based social commerce group-buying platform, has secured a $28 million Series B in an oversubscribed round led by SoftBank Ventures Asia. The startup plans to use its fresh capital to scale its operations in one of its existing local markets, East Java, and launch in other provinces within the year.
“With the rise of social commerce globally, our team at Softbank Ventures…