Microsoft concludes investment in SG startup NextBillion.ai and other SE Asia deals

Microsoft Corp has completed its $6.25 million investment in spatial data platform NextBillion.ai as part of the Singapore-based startup’s Series A funding round that was first announced in May.

According to ACRA filings accessed by DealStreetAsia – DATA VANTAGE, Microsoft now holds an 11% stake in NextBillion.ai following the investment, which was completed only this month.

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