OFB Tech, which runs the OfBusiness business-to-business marketplace, is in advanced talks to raise $150 million from Japan’s SoftBank Group Corp., valuing the startup at $1.3 billion, two people aware of the transaction said on condition of anonymity.
Late last month, the Japanese company’s SoftBank Vision Fund 2 had led a $250 million funding round in banking technology startup Zeta, catapulting the Bhavin Turakhia-led firm’s valuation to $1.45 billion.
