The Japan Post, Mixi and Gree-backed news curator hiked its valuation to $2bn in a series F round it said pushed its total funding to $400m.
SmartNews, the Japan-based news aggregator backed by postal service Japan Post, social media company Mixi and mobile game publisher Gree, secured $230m in series F funding on Wednesday.
The round included financial services firm Sumitomo Mitsui Banking Corporation’s SMBC Venture Capital unit, ACA Investments, Princeville Capital, Woodline Partners, the Japanese state-owned JIC Venture Growth Investments, Green Co-Invest Investment and Yamauchi-No.10 Family Office.
Founded in 2012, SmartNews operates a curated news app aggregating stories from hundreds of news providers, tailoring them…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.