Singapore's PatSnap becomes unicorn as SoftBank and Tencent invest

Patent software developer raises $300m as it eyes Japanese market, CEO says

20210317 PatSnap

PatSnap founder and CEO Jeffrey Tiong: “My vision is that one day, every R&D engineer can use our tool to help them to innovate better.”  (Screenshot from PatSnap's website)

WATARU SUZUKI, Nikkei staff writer

TOKYO -- PatSnap, a Singapore developer of software that helps companies analyze patent information, said on Wednesday it raised $300 million from a group of investors led by SoftBank Group's Vision Fund 2 and Tencent.

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