Profound has successfully closed a $180 million Series D funding round, reaching a valuation of $1.8 billion, according to TechCrunch. This latest fundraising comes less than seven months after the company raised $96 million in its Series C round.
The rapid follow-up funding round highlights strong investor confidence in Profound's growth trajectory and market potential. The company’s valuation nearly doubled within a short span, signaling robust momentum in its sector.
For Japanese investors, this development underscores the increasing pace of venture capital activity in innovative tech firms, reflecting broader trends in global funding dynamics affecting FX, crypto, and equities markets.