seems very serious about getting back to playing “offense” when it comes to investing in new companies.
Dz’s is looking at leading a $75 million to $100 million round for Norway-based Robotics startup at a $375 million pre-investment valuation, .
The 9-year-old humanoid robotics startup has previously raised $37 million — — from investors such as and .
The company raised a $23.5 million round in March led by the .
SoftBank’s investment comeback
It is not surprising to see SoftBank wanting to be in on the same startup as due to its desire to be a big player in AI.
In June, Son told investors that the multinational investment holding behemoth would again shift from “defense mode” as it looks to be a leader in AI.
Last month, SoftBank is considering investing in creator OpenAI or one of its competitors.
Then late last month, it also was that OpenAI is in advanced talks with former designer and Son to launch a venture to build the “iPhone of artificial intelligence.” The venture could involve an investment of more than $1 billion in funding from SoftBank.
SoftBank and its affiliates also recently led a $280 million funding round for San Francisco-based location-mapping startup , which is incorporating AI to push automated driving and safety.
While Son and SoftBank have ramped up investing, its famed — known for its investment in startups including , and — has been relatively quiet.
There have been Son has moved to a different investment project from the Vision Fund codenamed “Project R,” which is looking for deals in warehouse automation, AI and robotics companies.
1X seems to fit that bill.
Related reading:
SoftBank May Slowly Be Starting To Play ‘Offense’ In AI Arms Race After Dz’s Promise
Illustration:
Search less. Close more.
Grow your revenue with all-in-one prospecting solutions powered by the leader in private-company data.
Stay up to date with recent funding rounds, acquisitions, and more with the Daily.


67.1K Followers