SoftBank Leads $200 Million Investment In Semiconductor Startup, Boosts Logistics Chip Space

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SoftBank Leads $200 Million Investment In Semiconductor Startup, Boosts Logistics Chip Space

Forbes2021-07-30

A $200 million funding round led by Japanese billionaire Masayoshi Son’s Softbank Group Corp gave a little-known California-based semiconductor startup a boost in the nascent logistics chip space. ...

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Boat77
·2021-07-30
Interesting
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3
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- Cynphony:
  F
  2021-07-30
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- zhann:
  like like please
  2021-07-30
  Reply
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snd
·2021-07-30
Like
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2
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- Pat84:
  Ok
  2021-07-30
  Reply
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Tingster
·2021-07-30
Comemnt
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2
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- immryan:
  Good !
  2021-07-30
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- Tingster:
  Comment
  2021-07-30
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- snd:
  Like
  2021-07-30
  Reply
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Gundam777
·2021-07-30
Pls like
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1
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FionBai
·2021-07-30
Ok
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2
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MrMrsBean
·2021-07-30
Please like and comment. Thanks
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6
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- 飙高音:
  ok
  2021-07-30
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- Sleepybear:
  Njce
  2021-07-30
  Reply
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- FionBai:
  Ok
  2021-07-30
  Reply
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Jon89
·2021-07-30
Comment and like pls
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6
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JosephHo
·2021-07-30
Sheesh
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5
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- Jon89:
  Ok
  2021-07-30
  Reply
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poodle
·2021-07-30
Good
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6
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NakoNako
·2021-07-30
Pls like
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8
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- IC2:
  Like and comment
  2021-07-30
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bshian
·2021-07-30
Oo
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8
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Thunderbird
·2021-07-30
Looks like semi con still has some room to run!
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7
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- NakoNako:
  Okay
  2021-07-30
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- Sotong:
  reply back
  2021-07-30
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- Holla:
  Ok
  2021-07-30
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Previous investors include Amazon.com Web Services and the venture capital arms of Samsung and Japanese mobile carrier NTT Docomo.\nSoftBank’s investment marks a boost for Wiliot, says Mario Morales, group vice president of enabling technologies and semiconductors at market research firm IDC. “Most of these guys have gotten not as much funding as this one,” he notes. “Most of them are running out of money.”\nWiliot, whose stamp-sized chips are designed to allow object identification on a mass scale, could benefit from cross-pollination with the Vision Fund portfolio’s e-commerce and logistics companies, analysts say.\n“Vision Fund is spraying billions of dollars on tech firms, and the flow of cash appears almost limitless,” says Neil Mawston, executive director at Strategy Analytics. “Wiliot could potentially work with other Vision Fund investments such asCoupangorFlipkartfor leaner e-commerce logistics.”\nSoftBank invests in a range of technology companies around the world. 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The startup has raised a total of $270 million in venture capital over time and the latest round was over subscribed, says Stephen Statler, a senior vice president at Wiliot. “We’ve seen a consistent level of interest between financial and strategic investors in what we do,” he says.\nAttention to autonomous warehouses, robotics and “smart” retail raise interest in object-finder tech, Statler adds. “One of the basics is to have a real-time view of inventory so when (a customer) does show up, you’re not constantly searching for what you want,” he says.\nWiliot belongs to a small high-tech sub-industry that designs chips for object identification akin to QR coding and RFID (radio-frequency identification) tags, says Morales. 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