Patsnap Receives $300 M In Financing Spearheaded By Softbank Vision Fund 2

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PatSnap is an entrepreneurial competence framework that offers copyrights and R & D intelligence. In accordance with a press release, the corporation recently registered $300 million in a Series E session steered by SoftBank Vision Fund 2 and Tencent Capital.

PatSnap is a forum for linked development insight that offers IP and acumen. It is employed by over 10,000 clients in over 50 nations to gain access to economic opportunities, future technologies, and competitive analysis, as well as trademark perspectives required to move brands from conception to commercial exploitation.

Funding

PatSnap has received $351.6 million in investment over six rounds. Their most recent financing came from a Series E round on March 16, 2021. PatSnap is bolstered by a group of 12 shareholders.

The most subsequent venture capitalists are Vertex Enterprises and CITIC Industrial Investment Company.

About PatSnap

Guan Dian, Jeffrey Tiong, and Ray Chohan originally established PatSnap in 2007. The company has its headquarters in Asia-Pacific (APAC), an Association of Southeast Asian Nations (ASEAN), in South Asia.

The corporation is currently in operation under the formal title of Patsnap Pte. Ltd. It is a for-profit conglomerate with the CB badge of Unicorn. Data analysis, intelligent systems, and business intelligence are the company’s specialties.

As the international leaders in integrated development insight, they trawl through billions of data sources and assist inventors in connecting the dots using AI-powered and deep learning innovation as per patsnap 300m series softbankwiggersventurebeat.

They are revolutionizing the entrepreneurial process and making it quicker, more effective, and more convenient than ever before, with a team of over 800 PatSnappers covering three landmasses and 10,000+ clients in 40+ nations.

Putting the pieces together to improve your innovation abilities

Transform your organization with an AI workaround that collects data from databases located all over the globe, from Asia to Europe, Europe to the United States, and everywhere in between, creating IP and R&D insight and perspective available to everyone.

explore, defend, and commercialize more possibilities than ever before, while preserving a powerful hold on IP administration and risk. Make sense of the unfamiliar, transform data into useful information, and make judgments that will structure the realm.

The corporation opted to raise funds as it strives to expand into different regions, including Japan with the guidance of SoftBank, and might even pursue potential business opportunities to develop inorganically.

What Does PatSnap Offer?

Intellectual Property Intelligence

Gain graphical and methodical summaries of the IP market portfolio in order to assess risk and make managerial choices that are consistent with corporate strategy and prospective opportunities.

Competence in R&D

With the volume of information available today, their AI-powered assessment provides real strategic advantages, such as financial modeling, competitor smartness, collaborative relationships, fail-fast notifications, and much more.

Blending divergent datasets to enable preliminary stage advancement via potent sequence scanning, enhancing R&D efficiency, lowering legal liability, and shortening time to market.

The PatSnap Advantage

Proprietary AI and Machine Learning Innovation

Their patented machine learning, as well as AI-powered techniques, enable customers to quickly comb through, communicate and scrutinize billions of cross-industry advancements and IP statistics.

Easy-to-Use

Their contemporary functionality, designed for pioneers by innovators, is straightforward and simple to use irrespective of IP skillset. PatSnap makes it simpler to convert perspectives into intelligence information by simplifying the methodological approach.

Unparalleled Data Variety

PatSnap consumers have a two-fold comparative advantage because billions of global datasets are co-located within a single product ecosystem. They invest less in creativity tools while boosting actionable intelligence.

Conclusion

PatSnap is a forum for linked development insight that offers IP and acumen. In accordance with a press release, the corporation recently registered $300 million in a Series E session steered by SoftBank Vision Fund 2 and Tencent Capital.

The corporation is currently in operation under the formal title of Patsnap Pte. It is a for-profit conglomerate with the CB badge of Unicorn. PatSnap consumers have a two-fold comparative advantage because billions of global datasets are co-located within a single product ecosystem.

PatSnap has received $351.6 million in investment over six rounds. PatSnap is bolstered by a group of 12 shareholders. The corporation recently registered $300 million in a Series E session steered by SoftBank Vision Fund 2 and Tencent Capital.

FAQs

What is PatSnap?

PatSnap is an entrepreneurial competence framework that offers copyrights and R&D intelligence.

PatSnap is a forum for what?

PatSnap is a forum for linked development insight that offers IP and acumen.

Who founded PatSnap?

Guan Dian, Jeffrey Tiong, and Ray Chohan originally established PatSnap in 2007.

The company specializes in what?

Data analysis, intelligent systems, and business intelligence are the company’s specialties.

How much has the company raised to date?

PatSnap has received $351.6 million in investment over six rounds.

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