Preferred Networks extends round with two new investors
Preferred Networks added an undisclosed equity extension from Shin-Etsu Chemical and Sumisei Innovation Fund.
Evidence notes
- The investment was made through a third-party allocation of shares in the financing round that began in December 2024.
- Shin-Etsu linked the investment to applying PFN machine-learning technology across infrastructure, electronic and functional materials.
- Sumitomo Life said the collaboration would target manufacturing, logistics and healthcare applications through its corporate venture fund.