SoftBank-backed startup Uhuru mulls London listing to grow outside home market

SoftBank-backed startup Uhuru mulls London listing to grow outside home market

The Vision Fund's $100 million backing for Biofourmis, a U.S. startup that tracks health data using wearable devices, highlights its new focus on early-stage investments. (Photo courtesy of Biofourmis)

Uhuru, a Japanese startup backed by SoftBank that helps connect devices to cloud services, is considering listing in London as it looks to grow outside of Japan.

“The London market is very appealing in terms of the amount of capital that can be obtained and the higher profile would give credibility when dealing with global partners,” Uhuru Chief Executive Takashi Sonoda said in an interview.

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