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 Sachin Dev Duggal's 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, 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.
Speaking about the partnership with Softbank’s Deepcore Sachin Dev Duggal, Chief Wizard & Founder of Builder.ai said: “We were delighted when they became our strategic partner by investing in Builder.ai. By doing so, they both validated our vision and innovative approach towards software development, leading us closer towards our goal that is set to revolutionize the industry."