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…

Fernando Moncada Rivera

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