SoftBank Invests $940 Million in Nuro for Driverless Deliveries
SoftBank is investing nearly $1 billion in a robotic-delivery vehicle startup, a hefty injection of capital that could help accelerate the race to put driverless vehicles on the road......»»
Nationwide joins Softbank-led $260M round in San Francisco unicorn
Nationwide's VC arm has joined a $260 million round that values a San Francisco extended warranty startup as a unicorn......»»
Softbank"s Vision Fund could go public in a $300 million SPAC deal, report says
Softbank's Vision Fund is the world's largest tech ven.....»»
Main Line private equity firm invests $15M in Denver advertising software company
The firm typically invests $5 million to $30 million of capital in the form of debt and equity into high-growth middle-market companies......»»
Nio Backs Lidar Supplier In $64M Funding Round As It Prepares For ET7 Sedan Deliveries
Chinese electric vehicle maker Nio Inc. (NYSE: NIO) was among the backers in lidar company Innovusion’s latest $64 million funding round, Reuters reported Monday. read more.....»»
CVS launching $100 million venture fund
CVS Health Corp. said Thursday that it will launch CVS Health Ventures, a venture fund that invests in and partners with early-stage companies focused on .....»»
Tesla’s Elon Musk cites ‘really severe supply chain issues’ yet still posts record deliveries
Elon Musk's Tesla reported record net income of $438 million. Total revenue grew 74% year-over-year to $10.3 billion......»»
Ennostar invests in Tyntek
Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»
Salesforce invests $40 million in text-marketing startup Community
Salesforce's investment in Community comes as the upstart looks to expand its customer base. Noam Galai/Contributor/Getty Images Salesforce is inves.....»»
The Wall Street Journal: SoftBank investing $500 million in mortgage startup Better
SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»
Invitae surges after report says Softbank will lead a $1.2 billion investment in the genetic-testing company
Invitae announced it will acquire the genomics company Genosity for $200 million on Monday after landing a convertible note investment from Softbank. Courtesy of Invitae The genetic testing company Invitae is .....»»
SoftBank-backed Compass raises $450 million in downsized IPO
Compass had previously set a price range of $18-$19 per share, downsized from its prior target at $23 to $26.....»»
Chipotle invests in self-driving startup Nuro
Chipotle said the investment comes as it explo.....»»
Chipotle invests in autonomous delivery company, Nuro
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.....»»
Ex-Googler’s Dallas company quadrupled sales last year, and is set for more growth
The company has raised a total of $22.5 million. Notable investors include Perot Jain, Hall Group, Softbank and Mark Cuban......»»
British American Tobacco invests $176.6 million in Organigram and will develop CBD products; Organigram up 47% premarket
Organigram Holdings Inc's U.S.-listed shares soared 47% in premarket trade Thursday, after the Canadian cannabis company said it has received a C$221 million ($176.6 million) investment from a unit of British American Toba.....»»
The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020
The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»
Foxconn invests in AutoCore.ai
Foxconn Electronics and others have jointly invested about CNY100 million (US$15.5 million) in AutoCore.ai, which is devoted to autonomous driving development, in pre-Series A funding round, according to Foxconn......»»
SoftBank To Give WeWork"s Adam Neumann Extra $50M As Part of Settlement Deal
WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»
Ousted WeWork co-founder Adam Neumann is reportedly nearing a settlement in his dispute with SoftBank. He could get $500 million and remain a major shareholder.
The potential d.....»»
Meesho is SoftBank’s Latest Big Buy
Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Econ.....»»