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ISSUE – Dec. 20 | SoftBank Tech Fund Invests $500 Million in Drive Safety Startup

SoftBank Group Corp.’s Vision Fund agreed to invest $500 million in a U.S. company that gathers and analyzes data on how people drive. Cambridge Mobile Telematics will use the money to accelerate its DriveWell platform used by insurers and others to measure driving risk, the company said in a statement Wednesday. [ Bloomberg ]


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