Vision Fund
WeWork is expected to go public as soon as next month.
In this week’s newsletter: Everything you need to know about the Vision Fund II.
Microsoft and the second SoftBank Vision Fund as another play for corporate cloud dominance
It looks like the return of SoftBank’s Vision Fund may be less reliant on murder money and more reliant on Microsoft’s money-making machine for its backing. The rumored involvement of…
A second Vision Fund is in the works.
Kabbage secures $200M to fuel its AI-based loans platform for small businesses
Kabbage, the AI-based small business loans platform backed by SoftBank and others, is adding more firepower to its lending machine: the Atlanta-based startup has secured an additional $200 million in…
The venture industry is likely to consolidate significantly in the next decade as funding confers greater advantage to large venture investors.
Enterprise healthcare platform Collective Health raises $205M led by SoftBank
SoftBank’s Vision Fund may be facing some challenges when it comes to restocking its massive reserves, but the firm famous for cutting big checks is leading a sizeable round for…
Recent headlines describe a world that might never see a Vision Fund II. Would it matter?
Key Vision Fund investors are reportedly lukewarm on a second fund
SoftBank shook up the venture capital world with its unprecedented $100 billion Vision Fund, and the speculation continues around its follow-up. The fund hasn’t quite closed $100 billion — it…
San Diego’s eSub raises $12 million for its construction management software
The San Diego-based software developer eSub Construction Software has raised $12 million in a new round of financing for its project management platform for contractors. The company’s funding was led…
DoorDash has raised another $600 million in venture capital funding.
Featured Article
The Exit: Getaround’s $300M roadtrip
In August of last year, Getaround scored $300 million from Softbank. Eight months later they handed that same amount to Drivy, a Parisian peer-to-peer car rental service that was Getaround’s ticket to tapping into European markets. Both companies shared similar visions for the future of car ownership, they were about the same size, both were…
Vertex Ventures hits $230M first close on new fund for Southeast Asia and India
Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed…
GetYourGuide picks up $484M, passes 25M tickets sold through its tourism activity app
As we swing into the summer tourist season, a company poised to capitalise on that has raised a huge round of funding. GetYourGuide — a Berlin startup that has built…
Startups Weekly: Will the Seattle tech scene ever reach its full potential?
In this week’s newsletter: WeWork files confidentially for IPO, Lyft loses scooter head and Magic Leap raises MORE money.
SoftBank Vision Fund says its team will balloon to a whopping 800 people in the next 24 months
SoftBank Vision Fund has its pedal to the metal in more ways than one. On stage at the Milken Institute Global Conference yesterday, the CEO of SoftBank Investment Advisors, Rajeev…
Rappi, an on-demand delivery startup, is raising $1 billion from the Japanese telecom giant.
Featured Article
Grocery delivery startup Honestbee is running out of money and trying to sell
Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with…
Internet connectivity projects unite as Alphabet spinout Loon grabs $125M from SoftBank’s HAPSMobile
Two futuristic projects are coming together to help increase global internet access after Loon, the Google spinout that uses a collection of floating balloons to bring connectivity to remote areas,…
The SoftBank Vision Fund has been screaming from the venture headlines the last few months, driven by eye-popping rounds (and valuations!) into some of the most notable startups around the…
Grab plans to raise $2B more this year to fund an acquisition spree in Southeast Asia
Always be raisin’. That appears to be the motto of Southeast Asia’s ride-hailing companies Grab and Go-Jek. Fresh from closing a near-$1.5 billion raise from SoftBank’s Vision Fund as part…
Fresh from closing a notable investment from Airbnb, India’s OYO has expanded its footprint into Japan. The move comes through a joint venture with investor SoftBank — which led OYO’s…
In its latest move beyond ride-hailing, Southeast Asia’s Grab has started to offer financing to SMEs and micro-insurance to its drivers. The launch comes just weeks after Grab raised $1.5…
Featured Article
Huawei sues America as SoftBank spends more money
Today, a bunch of analysis on stories we have been covering the last few weeks. You’re reading the Extra Crunch Daily. Like this newsletter? Subscribe for free to follow all of our discussions and debates. SoftBank wants to spend more billions Three inter-related stories today on SoftBank and its Vision Fund. First, an analysis from my Bangkok-based…
Grab has become the newest addition to the SoftBank Vision Fund after it announced today that it has pulled in a $1.46 billion investment from the super fund. The Southeast…
Featured Article
It’s a new era for fertility tech
We explored venture capitalists’ latest bets on fertility and contraception tech, including Modern Fertility, Extend Fertility, Natural Cycles, Nurx, Clue and more.
Vision Fund startups Fanatics and Coupang unite to sell US sports merch in Korea
SoftBank chairman Masayoshi Son has repeatedly described the Vision Fund as a club for the world’s most exciting startups and, while even the fund’s own LP seem to disagree with…
SoftBank’s Vision Fund invests $1.5B in Chinese second-hand car startup Chehaoduo
SoftBank’s Vision Fund is taking a bet on China’s auto market after it agreed to pour $1.5 billion into online car trading group Chehaoduo, which literally means “many cars” in…
Clutter confirms SoftBank-led $200M investment for its on-demand storage service
There’s plenty of speculation right now around apparently disgruntled investors in SoftBank’s Vision Fund, but the drum continues to beat and the checks continue to be written. The latest deal…
Grab raises $200M from Thailand-based retail conglomerate Central Group
Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Central’s business covers restaurants, hotels…
