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Announced

Completed

SoftBank Vision Fund 2 led a $75m Series C financing round in Peak.

Financials

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Transaction Value£54m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Information / Data Services

Friendly

Completed

artificial intelligence

Private

Acquisition

Single Bidder

United Kingdom

Cross Border

Minority

Private Equity

Synopsis

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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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