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Announced

Completed

SoftBank Vision Fund 2 led a $150m Series C round in Netradyne.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Private

Single Bidder

Cross Border

Private Equity

Completed

edge computing

Auto Technology

Minority

United States

artificial intelligence

Venture Capital

Synopsis

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SoftBank Vision Fund 2 led a $150m Series C round in Netradyne, a provider of artificial intelligence and edge computing focusing on driver and fleet safety, with participation from Point72 Ventures and M12. Netradyne will use the new funding to advance its core technology, expand into new geographies and accelerate hiring across R&D, marketing, and customer support.

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