PatSnap Secures $300 Million in Series E Funding to Change the Way the World Innovates

Mar 16, 2021•over 4 years ago

Amount Raised

$300 Million

Round Type

series e

London

Description

PatSnap, a global leader in Innovation Intelligence, today announced it has secured USD$300 million in Series E funding. The investment round was led by SoftBank Vision Fund 2 and Tencent Investment with participation from CPE Industrial Fund and existing investors Sequoia China, Shun Wei Capital, and Vertex Ventures.

Company Information

Company

Pat Snap

Location

London, Ontario, Canada

About

Founded in 2007, PatSnap is the company behind the world’s leading innovation intelligence platform. PatSnap is used by more than 10,000 customers in over 50 countries around the world to access market, technology, and competitive intelligence as well as patent insights needed to take products from ideation to commercialization. Customers are innovators across multiple industry sectors, including agriculture and chemicals, consumer goods, food and beverage, life sciences, automotive, oil and gas, professional services, aviation and aerospace, and education. PatSnap’s team of 700+ employees work from its global headquarters in Singapore, London, and Toronto. To learn more about how PatSnap is improving the way companies innovate, visit www.patsnap.com.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

PatSnap Secures $300 Million in Series E Funding to Change the Way the World Innovates

Description

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