Announced
Completed
Financials
Sources
Tags
Digital Services
South Korea
Cross Border
Private
Completed
Acquisition
Single Bidder
Minority
Private Equity
education company
Friendly
Synopsis
SoftBank Vision Fund 2 completed a $175m investment in Riiid, a South Korean AI tutorial startup. “Riiid wants to transform education with AI, and achieve a true democratization of educational opportunities. This investment is only the beginning of our journey in creating a new industry ecosystem and we will carry out this mission with global partnerships," YJ Jang, Riiid CEO.
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