Investments · Robotics (AI)
SoftBank Vision Fund leads $114 million round in robotics firm Brain Corp
- Investor
- SoftBank Vision Fund (SoftBank Group) (Tokyo)
- In
- Brain Corp, San Diego, California
- Value
- $114M Series C
- Status
- Announced on July 18, 2017; the round has closed.
- Date
- 2017-07-18
SoftBank Vision Fund led a $114 million Series C round in Brain Corp, a San Diego company that makes artificial intelligence software to let machines such as floor cleaners move on their own.
Why it matters
The round was one of the Vision Fund's first US investments in robotics, an area SoftBank has named as central to its strategy.
Sources
Kakehashi M&A News home