SoftBank"s Vision Fund To Launch 2 More SPACs, For Total IPO Raise Of $550 Million

Softbank's Vision Fund is the world's largest tech ven.....»»

The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»

Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Econ.....»»

The asset sales come during a growing financial squeeze on SoftBank and its $100 billion Vision Fund.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

SoftBank Group Corp. is seeking to raise an additional $10 billion so its first Vision Fund can support portfolio companies battered by the coronavirus pandemic, according to people with knowledge of the matter......»»

SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant builds a portfolio under its second Vision Fund......»»

Behavox, a New York-based artificial intelligence company, said Monday it has raised $100 million. The funding came from SoftBank Vision Fund 2, according to Behavox, which describes itself as "the world’s only end-to-end data operating platform.....»»

SoftBank's second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard to diagnose infections through a simple taking of blood, the start-up said on Monday......»»

SoftBank Group Corp reported a near-total wipe out in quarterly profit on Wednesday, after the Japanese technology investor was whiplashed for a second consecutive quarter by losses at its $100 billion Vision Fund......»»

Job cuts are piling up for companies in SoftBank Vision Fund's portfolio. Mountain View-based Zume Inc., the pizza delivery and food logistics unicorn, is reportedly slashing 400 jobs — about 80 percent of its workers — as it tries to raise n.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Softbank Group's Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault......»»

When C2FO raised $100 million in early 2018, it was thought to be the largest investment round at the time for a Kansas City-area company. Its latest funding round, however, doubles that amount.  SoftBank Vision Fund led the $200 million funding round.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Something is not quite right with SoftBank. Last week, we reported that in a surprising twist, Masayoshi Son's SoftBank, which in early May was reportedly considering a $100 billion IPO for its Vision Fund, had instead changed track and was no.....»»

Japan's SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company said on Wednesday, upping competition in a hotly chased market in the country......»»

SoftBank Group Co.....»»

SoftBank’s near-$100 billion Vision Fund has yet to close, but its acquisitive founder says the launch of Vision Fund II is “just a matter of time.”.....»»

Light, a Palo Alto-based company that makes a 16-lens camera, just raised a whopping $121 million from investors led by SoftBank's Vision Fund. Light's CEO tells Business Insider that the company is moving aggressively into autonomous vehicles, encour.....»»