Announced
Completed
Financials
Sources
Tags
Information / Data Services
Friendly
Completed
artificial intelligence
Private
Acquisition
Single Bidder
United Kingdom
Cross Border
Minority
Private Equity
Synopsis
SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $75m Series C financing round in Peak, an Artificial Intelligence company, with participation from MMC Ventures, Oxx, Praetura Ventures, Arete and Octopus Venture. "We’re proud to be working with some of the biggest brands in the world. Modern businesses are complex and operate in an ever-changing world. It’s becoming impossible to run them without AI, which is enabling them to make consistently great decisions, faster and more accurately than ever before," Richard Potter, Peak Co-Founder and CEO.
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