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News discovery app SmartNews valued at $1.1B
https://techcrunch.com/2019/08/04/news-discovery-app-smartnews-valued-at-1-1b/
A $28 million financing has made SmartNews, an AI-powered news aggregation app, a unicorn.
Japan Post Capital has led the Series E round, which brings the company’s total investment to $116 million and pushes its valuation to $1.1 billion. Existing investors in SmartNews include Development Bank of Japan, SMBC Venture Capital and Japan Co-Invest L.P.