Brain Corp has raised $114m in a series C round led by SoftBank Vision Fund that included existing investor and strategic partner Qualcomm.
SoftBank Vision Fund, the $93bn investment vehicle formed by telecom and internet group SoftBank, led a $114m series C round today for autonomous robotics technology developer Brain Corp.
Qualcomm Ventures, the corporate venturing subsidiary of mobile semiconductor maker Qualcomm, also took part in the round. The unit was Brain’s first institutional investor, the company said, though it has not disclosed details of past funding.
Brain is developing artificial intelligence technology that will allow robots to learn from their physical environments…