SoftBank Vision Fund 2 led a round valuing the the online industrial metals marketplace at $750m, pushing its overall funding past the $100m mark.

US-based industrial metals marketplace Reibus secured $75m in a series B round led by internet and telecommunications group SoftBank’s Vision Fund 2 on Tuesday at a valuation of $750m.

The round was filled out by Canaan Partners, Battery Ventures, Nosara Capital, Initialized Capital, Bowery Capital and FJ Labs, bringing the company’s total funding to over $100m.

Founded in 2018, Reibus operates an online marketplace where businesses can  buy and sell metals and industrial materials. The capital will be used to…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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