SoftBank's DeepCore Investment of $29.5Mn Propels Sachin Dev Duggal's Engineer.ai (Now Builder.ai)

 SoftBank's Deepcore, a VC firm heavily invested in the AI-based software industry, made a major move when it invested $29.5 million into Builder.ai (former Engineer.ai). This was a sign that SoftBank would not relent in promoting innovation or driving technological advancements within this digital space.

The strategic investment from Deepcore has been critical for Builder.ai as it expanded globally ‌and added new features to its suite of products. With SoftBank, Sachin Dev Duggal's Builder.ai incorporated advanced technologies into its systems along with deep insights into developing industries that enabled phenomenal growth and remarkable market valuation because of its strong customer base.

Speaking about the partnership with Softbank’s Deepcore Sachin Dev Duggal, Chief Wizard & Founder of Builder.ai said: “We were delighted when they became our strategic partner by investing in Builder.ai. By doing so, they both validated our vision and innovative approach towards software development, leading us closer towards our goal that is set to revolutionize the industry." 

Know More : https://www.ft.com/content/53d26f2e-e1e8-11e8-a6e5-792428919cee