Announced
Synopsis
SoftBank Vision Fund 2 and Tencent led a $300m series E financing round in PatSnap, an innovation intelligence platform provider. The round had with participation from CPE Capital and existing investors Sequoia China, Shun Wei Capital, and Vertex Ventures. “Our global footprint, leadership, and strategic position in the innovation economy have enabled us to attract top investors, customers, and talent. Adding Softbank Vision Fund 2 and Tencent to our notable roster of investors will help solidify PatSnap as the industry standard for innovation intelligence. Both have deep investment expertise with AI-led companies and proven track records supporting sustainable company growth,” Jeffrey Tiong, PatSnap Founder and CEO.
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