Welcome to our dedicated page for Softbank Group news (Ticker: SFTBY), a resource for investors and traders seeking the latest updates and insights on Softbank Group stock.
The SoftBank Group Corp. (SFTBY) news feed on Stock Titan aggregates coverage related to SoftBank Group’s activities as an investment holding company focused on breakthrough technologies. Company communications describe SoftBank Group as comprising SoftBank Group Corp. (TOKYO: 9984), stakes in telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers, as well as the SoftBank Vision Funds and SoftBank Latin America Funds.
News items linked to SoftBank Group often highlight its role as a global investor in technology. Examples in recent coverage include SoftBank Group Corp. and Arm contributing funding to Carnegie Mellon University to support AI research in partnership with Keio University, and SoftBank Vision Fund–backed companies such as Riiid Inc. and InfStones announcing acquisitions or funding rounds. These stories illustrate how SoftBank Group’s capital and relationships connect to developments in AI, education technology, Web3 infrastructure and other technology segments.
Other articles reference initiatives like SoftBank Group’s Operator School, an entrepreneurial education program that has hosted a Web3-focused series with master classes from Web3 and crypto experts. Together, these types of updates provide insight into how SoftBank Group positions itself around AI, blockchain, and emerging technology themes.
Investors and observers using this page can review company-related announcements, portfolio company milestones that involve SoftBank Group or its funds, and communications about its broader strategy and reports. Because the news reflects disclosures and third-party releases, it offers a way to follow how SoftBank Group and its associated funds participate in technology sectors across different regions and stages of growth.
NVIDIA and SoftBank have terminated their agreement for NVIDIA to acquire Arm Limited due to regulatory challenges. Despite this setback, NVIDIA's CEO stated his commitment to support Arm as a licensee. SoftBank plans to prepare Arm for a public offering within the fiscal year ending March 31, 2023. This decision reflects a strategic pivot for Arm, which is positioned at the forefront of innovations in mobile computing, AI, and cloud technology.
On February 3, 2022, Digibee, a low-code integration platform, announced a successful $25 million Series A funding round led by SoftBank Latin America Fund, with participation from Kinea and G2D Investments. This investment aims to expand Digibee's customer base in the United States and Latin America, enhancing digital transformation for global enterprises. With over 250 corporate clients, including Accenture and Carrefour, Digibee is set to revolutionize integration environments, cutting costs and accelerating digital projects.
SoftBank Group Corp. announced the mutual departure of Marcelo Claure after a successful nine-year tenure. Michel Combes has been appointed as the new CEO of SoftBank Group International, overseeing its operating and investment portfolio. Claure has contributed significantly to major projects, including the turnaround of Sprint and the launch of Latin America’s largest venture capital fund. The transition aims to maintain continuity and leadership within the organization, with Combes bringing extensive multinational experience to his new role.
Incode Technologies has successfully raised
With a revenue growth of 6x in the last year, Incode aims to redefine identity verification through its AI-based digital identity platform. The funding was led by prominent investors including General Atlantic and SoftBank. Incode's fully automated approach sets it apart, eliminating human intervention for enhanced speed and accuracy, thereby building trust between enterprises and their customers.
Pismo, a cloud-native core banking and payments platform, has secured $108 million in a Series B funding round led by SoftBank Latin America, Amazon, and Accel. The investment aims to facilitate global expansion and enhance technological innovations in banking and financial services. With over 25 million accounts and more than $3 billion transacted monthly, Pismo plans to hire 200 engineers and open new offices in Austin, Bristol, and Singapore. This funding will accelerate their growth trajectory in financial technology.
Gabriel, an AI startup focused on security, has secured US$12 million in Series A funding led by
CRM&BONUS has secured over R$280 million in funding, achieving a valuation of R$1 billion. This funding round was led by the SoftBank Latin America Fund, Riverwood Capital, Igah Ventures, and Volpe Capital. Established in 2018, the platform boasts over 12,000 clients, providing solutions that enhance customer retention and sales growth. Notably, a client experienced a 15% sales increase. The company plans to expand internationally, particularly targeting the U.S. and Europe. CRM&BONUS aims to assist retailers in boosting sales by 5% to 20% within three months, with a 98% success rate.
SoftBank Corp. has acquired around 200 patents from Alphabet Inc.'s Loon LLC for High Altitude Platform Stations (HAPS) following Loon's shutdown. This acquisition bolsters SoftBank and its subsidiary, HAPSMobile Inc., to approximately 500 HAPS-related patents, enhancing their intellectual property leadership in this emerging sector. The patents encompass various technologies related to HAPS operations and services. SoftBank aims to utilize this expanded patent portfolio to expedite the launch of commercial HAPS services and promote industry standardization within the HAPS Alliance.
SES has partnered with SoftBank Corp. to deliver live sports events to Japanese audiences. This collaboration aims to enhance premium sports content accessibility for corporate customers, including TV stations and video distributors. SES will utilize its global satellite and fiber network, leveraging over 300 downlink antennas, to ensure high-quality content delivery in Japan. The partnership signifies a strategic move to meet the growing demand for live sports viewing across various platforms.
Merama has successfully secured US$225 million in a Series B funding round, marking it as the largest Series B round in Latin America. The valuation of the company is approximately US$850 million. This round sees participation from new investor Globo Ventures and existing investors like Monashees and Valor Capital. The funds will help expand Merama's focus on growing e-commerce brands in the region, aiming for more than US$250 million in consolidated revenue in 2021. Merama plans to enhance its technology platform and support existing brands with working capital.