NEWSROOM    Builders    September 27, 2021

DICE Announces ‘Up to $122 Million’ Series C, Adds iPod Inventor Tony Fadell to Board

September 27, 2021

Seven-year-old DICE unveiled its multimillion-dollar Series C this morning, via a formal release that was shared with Digital Music News. A new investor, SoftBank Vision Fund 2 (SVF 2), led the round, according to London-headquartered DICE. The Fund joined other backers including Paris-based Blisce (a former Spotify investor and a current Kik stakeholder), French billionaire (and KKR board member) Xavier Niel, and Tony Fadell’s Future Shape. (The iPod inventor and iPhone co-inventor Fadell has also accepted a spot on DICE’s board.)

It bears mentioning that the release in a pair of footnotes elaborates upon the financial nuances of the “up to $122 million” raise. Japan’s SoftBank Group “as of the date of this press release…has made capital contributions to allow investments by SoftBank Vision Fund 2” in “certain” portfolio companies, the text relays.

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Read the full article here.