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, through this fund, aims to actively discover early to mid-stage startups that capitalize on technological innovations in ICT, such as artificial intelligence (AI), robotics, and computing, and create new business opportunities.

South Korea 3D sketch software Sketchsoft raises $3.2M Series A co-led by SBVA for talent acquisition & further expansion into global markets

Sketchsoft, which aims to commercialize human-computer interaction technology for 3D sketches, will use the funding to expand its talent pool and explore new global markets in different fields.