Singapores NextBillion.ai raises $21M Series B funding led by Mirae Asset Venture Investments - TNGlobal
Summary
NextBillion.ai raised $21 million in Series B funding led by Mirae Asset Venture Investments, with participation from existing backers. The company builds enterprise spatial data, mapping, and geospatial APIs and SDKs used by customers across logistics, ride hailing, food delivery, and other location-centric businesses. It plans to use the capital to expand globally, especially in North America and Europe, and to grow its partner ecosystem. The company says it already serves more than 30 customers in 20+ countries and processes billions of API calls each month.
Funding
Amount
$21.0M
Total raised
Date
May 23, 2022
Announcement date
Investors
Mirae Asset Venture Investment, Microsoft Ventures, M12
Lead investors
Company
http://nextbillion.net/
Funded company
Classifications
industries
No industries detected
applications
Engineering & Scientific
AskAI Classifications
Labels
Software Development
SaaS
API Provider
Linked Companies
Nextbillion.ai
$1M to $5M