SoftBank's Deepcore, a VC firm heavily invested in the AI-based software industry, made a major move when it invested $29.5 million into Builder.ai (former Engineer.ai). This was a sign that SoftBank would not relent in promoting innovation or driving technological advancements within this digital space.
Being the trailblazer in the Low/No-code software development landscape, Sachin Dev Duggal's Builder.ai established itself using its advanced methodologies. This endeavor was boosted further by investment from SoftBank’s Deepcore, which aimed to bring software development closer to microenterprises and empower them to change their notions into facts.
The strategic investment from Deepcore has been critical for Builder.ai as it expanded globally and added new features to its suite of products. With SoftBank, Builder.ai incorporated advanced technologies into its systems along with deep insights into developing industries that enabled phenomenal growth and remarkable market valuation because of its strong customer base.