Standard Cognition, Corp. announced that it has received $149.99999 million in funding from SoftBank Investment Advisers (UK) Limited, Charles River Ventures, Inc., EQT Ventures, TI Platform Management, LLC, SK Networks Company Limited, and other investors
February 16, 2021
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On February 17, 2021, Standard Cognition, Corp. closed the transaction. The company has issued 3,717,564 shares and received $149.999989.836 in funding led by new investor SoftBank Vision Fund 2, a fund managed by SoftBank Investment Advisers (UK) Limited. The transaction also included participation from returning investors Charles River Ventures, Inc., EQT Ventures, TI Platform Management, LLC, new investors SK Networks Company Limited (KOSE:A001740) and other investors. The company raised a total of above $1,000,000,000 in funding till date. The company raised $149,566,400 in funding pursuant to exemption provided under Regulation D from 13 investors.
SK Networks Co Ltd is a Korea-based company principally engaged in the sale of chemical, steel and coal products. The Company operates its business through six segments. The Global segment sells petrochemical, steel, coal products, among others. The Information and Communication segment distributes mobile phones and information and communications technology (ICT) devices. The Car Rental segment provides long-term and short-term car rental services. The Speedmate segment provides services such as car maintenance and parts replacement. The SK magic is engaged in business such as environmental home appliance rental and kitchen home appliance sales. The Walker Hill segment is engaged in the hotel business and others.
Standard Cognition, Corp. announced that it has received $149.99999 million in funding from SoftBank Investment Advisers (UK) Limited, Charles River Ventures, Inc., EQT Ventures, TI Platform Management, LLC, SK Networks Company Limited, and other investors
SK NETWORKS COMPANY LIMITED 
