Indian food delivery startup Swiggy raises $1.25 billion led by SoftBank and Prosus – TechCrunch

Reading Time: 7 minutes It took SoftBank several years, but finally the Japanese investment giant is ready to bet on India’s food delivery market. Swiggy said on Tuesday it has closed a $1.25 billion financing round led by SoftBank Vision Fund 2 and Prosus Ventures. The new financing round, a Series J, includes the $800 million investment the Bangalore-based … Read more

WebOps platform Pantheon raises $100M from SoftBank Vision Fund – TechCrunch

Reading Time: 7 minutes WebOps SaaS platform Pantheon, which started out as a Drupal and WordPress hosting service many years ago, today announced that it has raised a $100 million Series E round solely funded by the Softbank Vision Fund. With this round, Pantheon has now reached unicorn status, with a valuation of over $1 billion. Pantheon co-founder and … Read more

Clearco gets the SoftBank stamp of approval in new $215M round – TechCrunch

Reading Time: 6 minutes Toronto-based Clearco, a fintech capital provider for online companies, has raised $215 million in a round led by SoftBank Vision Fund II. The financing event closed just weeks after Clearco completed its most recent financing, a $100 million round that quintupled its valuation to $2 billion. While the trend of rapid-fire, follow-on financing for startups … Read more

AnyVision, the controversial facial recognition startup, has raised $235M led by SoftBank and Eldridge – TechCrunch

Reading Time: 10 minutes Facial recognition has been one of the more conflicted applications of artificial intelligence in the wider world: using computer vision to detect faces and subsequent identities of people has raised numerous questions about privacy, data protection, and the ethics underpinning the purposes of the work, and even the systems themselves. But on the other hand, … Read more

Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank – TechCrunch

Reading Time: 9 minutes Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group, Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America.  The funding comes just months after São Paulo-based Mercado Bitcoin’s … Read more