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SoftBank-Backed AI Startup Appier Raises $80 Million

SoftBank Group Corp.-backed customer analytics startup Appier Inc. has raised $80 million from investors including private equity firm TGVest Capital to expand globally and into new industries beyond digital marketing.

The artificial intelligence outfit from Taiwan also counts Hopu-Arm Innovation Fund, a venture between Hopu Investment Management Co. and Arm Holdings Inc.; Temasek Holdings Pte’s Pavilion Capital; Insignia Ventures; Jafco Investment and UMC Capital Corp. in its latest funding round, according to a statement Tuesday.