SoftBank once invested in social app IRL at a $1.1 billion valuation. Now, the Japanese investment firm is suing the defunct company for fraud, alleging $150 million in damages. IRL […]
Softbank Vision Fund
Trending topics and news from the Softbank Vision Fund category
Back to news homeSoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees
The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, […]
Losses at SoftBank’s Vision Funds have consumed nearly all their historical gains
Earnings season is slowing, with the largest U.S. tech companies already having reported second-quarter results. But oftentimes the most interesting results come not from your Amazons or Apples, but from […]
What’s the ‘secret sauce’ behind Croatian EV maker Rimac?
The startup, valued at $2.2B, has sights set on an IPO — but certainly not a SPAC Jaclyn Trop 8 hours Rimac Group made headlines in June after it raised […]
Meta Pharmaceuticals lands $15M to make autoimmune drugs with AI, new immuno-metabolism tech
Biotech startup Meta Pharmaceuticals sets itself an ambitious goal as it secures its initial investment. The Shenzhen-based company, which sets out to develop treatments for autoimmune diseases with the help […]
Wag’s recovery is a bet on you going back to work
Remember Wag? The dog-walking app made huge waves back in 2018 when it raised $300 million from SoftBank’s Vision Fund. Competing with rival Rover, Wag’s service fell out of our […]
Paack pulls in a $225M Series D led by SoftBank to scale its E-commerce delivery platform
By now, many of us are familiar with the warehouse robots which populate those vast spaces occupied by the likes of Amazon and others. In particular, Amazon was very much […]
SoftBank leads cash infusion into AI infrastructure company Pyxis One as it starts year with new name
Pyxis One, now Pixis, closed on $100 million in Series C funding to continue developing what it touts as “the world’s only contextual codeless AI infrastructure for complete marketing optimization.” […]
India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth
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 […]
Enpal closes out Series C with $174M from SoftBank for tech to make it easier for homeowners to make the switch to solar energy
One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business, is hard one to get right, with […]