SmartNews, co-founded by University of Tokyo researcher Ken Suzuki, is valued at $1.1bn following a $28m series E round led by Japan Post Capital.
SmartNews, a Japan-based curated news app developer co-founded by a University of Tokyo researcher, yesterday received $28m in series E capital led by mail, courier and logistics services provider Japan Post, according to Bloomberg.
The round valued SmartNews at $1.1bn. Japan Post invested through its corporate venturing subsidiary Japan Post Capital.
SmartNews has built a news aggregation platform that uses machine learning technology to source articles from publications, such as Associated Press, and deliver personalised feeds. The app…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
