Softbank Vision Fund

Prior to starting Pixis, the co-founders spoke to potential marketing customers about how to scale SaaS companies quickly in a “cookie less” world.

SoftBank leads cash infusion into AI infrastructure company Pyxis One as it starts year with new name

Fresh from raising a $244 million Series C (that valued the company at $1.7 billion) back in June, K12 online tutoring marketplace GoStudent has now raised a $340 million Series…

GoStudent raises $340M Series D funding round as it pushes into international markets

With supply chains in the automotive industry continuing to be disrupted due to COVID-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot…

India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

One of China’s biggest AI solution providers is a step closer to its initial public offering. SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange, according…

China’s AI giant SenseTime readies Hong Kong IPO

SoftBank Group chief executive Rajeev Misra said the fund has invested $3 billion in Indian companies this year and can invest $5 billion to $10 billion next year, the latest…

SoftBank has deployed $3 billion in India this year, can invest up to $10 billion in 2022

As people’s expectations for consumer experiences are higher than before, Block Renovation “productizes” home renovation by packaging everything together for both the homeowner and contractor.

Block Renovation gears up for national expansion following $50M round

Cloudbeds provides software to lodging businesses that combines previously siloed functions into one integrated, cloud-based tool.

SoftBank backs Cloudbeds as hospitality industry awakens from its COVID slumber

Israeli venture platform OurCrowd today announced that SoftBank’s Vision Fund 2 has made a $25 million convertible equity investment into the firm. As part of this deal, OurCrowd is also…

OurCrowd raises $25M from SoftBank’s Vision Fund 2

Berlin-based e-scooter rentals company Tier Mobility has announced a $200 million raise, which it says is the “first close” of its Series D, as investors continue to plough money into…

Tier scoots off with $200M, all-equity ‘first close’ of Series D

One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business, is a hard one to get right,…

Enpal closes out Series C with $174M from SoftBank for tech to make it easier for homeowners to make the switch to solar energy

Plume — a communications startup that partners with carriers to provide smart mesh Wi-Fi to improve broadband connectivity in homes, and then offers other smart home services on top of…

Plume raises $300M as it passes 1.2B devices in 35M homes using its smart Wi-Fi service

CEO Jeremy Johnson sees more competition coming into the global tech talent hiring space as he saw the number of Andela applicants increase 5x in the past six months.

SoftBank sinks $200M into Andela, propels company into unicorn territory

COVID-19 really put the kibosh on live events in the last 18 months, but in the world of tech, it also meant that live event startups that found a way…

London’s Dice raises $122M at a $400M valuation for its intelligent event discovery and booking platform

Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion. General Atlantic, SoftBank Vision Fund 2, Princeville…

Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round…

Human Interest raises $200M at a $1B valuation, plans for an IPO

Gopuff said it plans to use the funding to continue expanding in North America, the U.K. and Europe, among other things.

Gopuff confirms new $1B cash injection at a $15B valuation to expand its instant grocery delivery service

WebOps SaaS platform Pantheon, which started out as a Drupal and WordPress hosting service many years ago, today announced that it has raised a $100 million Series E round solely…

WebOps platform Pantheon raises $100M from SoftBank Vision Fund

Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes. It’s now raised $240 million in a round led…

Forto raises $240M in funding round led by SoftBank, taking its valuation to $1.2B

Paytm, India’s most valuable startup, confirmed to its shareholders and employees on Monday that it plans to file for an IPO. In a letter to shareholders and employees, Paytm said…

Paytm, India’s most valuable startup, confirms plan for an IPO

Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this…

Indian logistics giant Delhivery raises $277 million ahead of IPO

As the autonomous driving race in China heats up, Didi is rushing to expand its car fleets by picking Swedish automaker Volvo, an old partner of Uber, as its ally.…

Volvo to supply cars for Didi’s global autonomous driving fleets

Featured Article

From pickup basketball to market domination: My wild ride with Coupang

Coupang early investor Ben Sun shares an inside look into the growth of the Korean e-commerce giant and explains how founder Bom Kim led a pivot when the company was already an established business.

2:01 pm PDT • April 12, 2021
From pickup basketball to market domination: My wild ride with Coupang

Food delivery startups, and specifically those focused on grocery delivery, continue to reap super-sized rounds of funding in Europe, buoyed by a year of pandemic living that has led many…

Norway’s Kolonial rebrands as Oda, bags $265M on a $900M valuation to grow its online grocery delivery business in Europe

Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal.…

Trading platform eToro to go public via SPAC merger in $10B deal

SoftBank’s earnings always leads to a bonanza of news. One storyline that has dominated the company’s earnings over the past few years that has all but disappeared though is WeWork.…

WeWork is apparently doing better, not that SoftBank wants you to talk about that

SoftBank reported earnings today, including the performance of its $98.6 billion Vision Fund. The numbers were enticing, given the recent exit of DoorDash, which returned billions to SoftBank and represents…

SoftBank kills half the performance incentive for its Vision Fund execs

Featured Article

SoftBank and the late-stage venture capital J-curve

SoftBank had some good data to report overnight with its third-quarter earnings, which covers the last quarter of 2020 through December 31. The company’s first Vision Fund reported large gains driven by DoorDash, where the company’s $680 million investment blew up to just shy of $9 billion — a 13.2x return in SoftBank’s math. While…

9:25 am PST • February 8, 2021
SoftBank and the late-stage venture capital J-curve

The SPAC mania continues unabated, with new SPACs being filed with the SEC on an almost hourly basis at times. SoftBank, the Japanese telecom conglomerate which has also been running…

SoftBank files for a double scoop of SPAC

As Chinese fitness class provider Keep continues to diversify its offerings to include Peloton-like bikes and health-conscious snacks, among other things, it’s bringing in new investors to fund its ambitions.…

Vision Fund backs Chinese fitness app Keep in $360 million round

SoftBank Investment Advisers may file as early as Monday to raise between $500 million and $600 million through an initial public offering of its first special purpose acquisition vehicle, reports…

SoftBank will reportedly file for a SPAC on Monday