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SoftBank Backs Funding Societies With US$294m To Fuel Expansion Plans In Southeast Asia

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<li><span>Southeast Asia’s largest SME digital financing platform raises US$144 million Series C+ equity and US$150 million debt lines from financial institutions in Europe, the United States, and Asia.</span></li>
<li><span>The round is led by SoftBank Vision Fund 2, with participation from VNG, Rapyd Ventures, EDBI, Indies Capital, Ascend Vietnam Ventures and existing shareholders like Sequoia Capital India and BRI Vent...
Republic Of United States Kelvin Teo Reynold Wijaya Harvard Business School Softbank Vision Fund

Local News: CAPC hires Dawson as tourism director (7/29/21)

Thursday, July 29, 2021 The Eureka Springs Advertising and Promotion Commission has a new tourism director. At a special called meeting on Wednesday, July 21, the commission agreed to hire Madison Dawson at a salary of $60,000 per year with a moving allowance up to $2,500. The commission interviewed Dawson on July 12, followed by an interview with candidate Garry Holstein on July 19. Madison Dawson The commission began its July 21 meeting at 4:01 p.m., and commissioner James DeVito moved to ad...
Carol Wright Jeff Carter Melissa Greene Bobbie Foster Harry Meyer James Devito

Local News: CAPC votes for third time to re-appoint Carter (7/13/21)

Tuesday, July 13, 2021 The Eureka Springs City Advertising and Promotion Commission voted for a third time to reappoint chairman Jeff Carter to Position 1 at a special called meeting on Thursday, July 8. The commission previously voted on June 30 to reappoint Carter, the second vote on the same issue. The original vote to reappoint Carter took place at the commission’s May 26 meeting, where commissioners James DeVito, Harry Meyer, Melissa Greene, Carol Wright and Patrick Burnett agreed to keep...
United States Eureka Springs Carroll County Bill King Patrick Burnett Rodney Slane

SoftBank's $360 million funding turns marketplace Carro into Unicorn

South-East Asia’s largest automotive marketplace Carro is the newest Unicorn in the region. A full-stack service for all aspects of car ownership, Carro has raised USD $360 million in a Series C funding round led by SoftBank Vision Fund.  Indonesian fund EV Growth and insurance firm MSIG. Before this, Carro had raised about USD $90 million in August 2019. Founded in 2015, the online marketplace for buying and selling cars has become the first Unicorn in the segment. “…As digitalization ...
South East Asia Softbank Vision Fund Softbank Vision Aaron Tan Southeast Asia Greg Moon

Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2 – TechCrunch

Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2 Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth. About 90% of vehicles sold through Carro are secondhand, and it offers services that cover the entire lifecycle of a car, from maint...
Nairobi Area United States Toyota Corolla Softbank Vision Fund Southeast Asia Provident Growth

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Riiid raises $175 million in new funding from SoftBank Vision Fund 2

Riiid raises $175 million in new funding from SoftBank Vision Fund 2 Aiming to solidify its technological and industrial leadership in the field of AI for Education with accelerated global delivery of AI-based personalized learning and assessment News provided by Share this article Share this article SEOUL, South Korea, May 24, 2021 /PRNewswire/ -- Riiid Inc ("Riiid"), a leading AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fun...
Stanford University United States South Korea Abu Dhabi Jim Larimore Marten Roorda

Korea's Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets – TechCrunch

Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets “AI is eating the world of education,” Riiid co-founder and CEO YJ Jang notes in his biographical description on his LinkedIn profile, and today his startup — which builds AI-based personalized learning, including test prep, for students — is announcing a major funding round to help it position itself as a player in that process. Seoul-based Riiid has closed a funding round of $175 mill...
United States Saudi Arabia Marten Roorda Softbank Vision Fund Vision Fund Latin America

Local News: Hearing centers on disputed CAPC vote (5/4/21)

Tuesday, May 4, 2021 A disputed vote to remove Greg Moon from the Eureka Springs City Advertising and Promotion Commission was the center of discussion at a two-hour hearing Tuesday morning in a lawsuit challenging Moon’s removal. Carroll County Circuit Judge Scott Jackson presided over the emergency hearing at the Carroll County Western District Courthouse in Eureka Springs. Moon’s removal is just one of several issues raised in the lawsuit, which local attorney Tim Parker originally filed ...
Tracy Johnson Jeff Carter Butch Berry Patrick Burnett Melissa Greene Bobbie Foster

Local News: Defendants request dismissal of CAPC lawsuit (4/27/21)

Tuesday, April 27, 2021 City officials named as defendants in a lawsuit centered around the Eureka Springs City Advertising and Promotion Commission have responded to the complaint, asking that the suit be dismissed. Eureka Springs attorney Tim Parker filed the suit on March 10 in Carroll County Circuit Court on behalf of Greg Moon, CAPC finance director Rick Bright, group sales coordinator Karen Pryor, former interim executive director Gina Rambo and former special events coordinator Tracy Joh...
United States Eureka Springs Carroll County State Of Arkansas Tracy Johnson Katherinec Campbell

Local News: Hearing centers on disputed CAPC vote (4/29/21)

Thursday, April 29, 2021 A disputed vote to remove Greg Moon from the Eureka Springs City Advertising and Promotion Commission was the center of discussion at a two-hour hearing Tuesday morning in a lawsuit challenging Moon’s removal. Carroll County Circuit Judge Scott Jackson presided over the emergency hearing at the Carroll County Western District Courthouse in Eureka Springs. Moon’s removal is just one of several issues raised in the lawsuit, which local attorney Tim Parker originally fil...
Tracy Johnson Jeff Carter Butch Berry Patrick Burnett Melissa Greene Bobbie Foster

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