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SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare — Reuters

Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, writes Elizabeth Howcroft. Here is the link: https://www.reuters.com/technology/softbank-leads-680-million-funding-round-nft-fantasy-soccer-game-sorare-2021-09-21/

SoftBank builds $1.2 billion Amazon stake; invests in Netflix, Tesla — Reuters

SoftBank also disclosed a stake in chip supplier Nvidia, worth around $220 million based on Friday’s closing price, according to a report by Sam...

Ericsson selected by SoftBank to deliver cloud native dual-mode 5G Core

Ericsson has been selected by SoftBank to deliver cloud native 5G Core for SoftBank's 5G standalone network, Ericsson said in a statement.

Fintech in Latin America continues to draw big dollars as Softbank invests $231 million in Creditas — TC

There’s one industry that seems to be drawing more attention than any others — financial services, writes Jonathan Shiebar. Here is the link: https://techcrunch.com/2019/07/10/fintech-in-latin-america-continues-to-draw-big-dollars-as-softbank-invests-231-million-in-creditas/

SoftBank selects Nokia for 5G in Japan

Japanese telecom behemoth SoftBank has selected Nokia as a strategic partner to drive its commercial 5G offering.

Recent posts

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.