SoftBank, Blackstone In Talks To Acquire Stakes In Neysa

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SUMMARY

While Blackstone is evaluating picking up a majority stake, SoftBank is mulling buying a minority shareholding

The investment could value Neysa at less than $300 Mn, with a follow-on capital infusion to fund the startup’s expansion

Founded in 2023, Neysa offers cloud computing infrastructure to run artificial intelligence (AI) models, and has raised than $50 Mn in funding to date

Private equity giant Blackstone and Japanese VC major SoftBank are reportedly in early…



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SoftBank, Blackstone In Talks To Acquire Stakes In Neysa


SUMMARY

While Blackstone is evaluating picking up a majority stake, SoftBank is mulling buying a minority shareholding

The investment could value Neysa at less than $300 Mn, with a follow-on capital infusion to fund the startup’s expansion

Founded in 2023, Neysa offers cloud computing infrastructure to run artificial intelligence (AI) models, and has raised than $50 Mn in funding to date

Private equity giant Blackstone and Japanese VC major SoftBank are reportedly in early…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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