Posts filtered by tags: SoftBank Investment Advisers[x]


GetYourGuide racks up $484 mln Series E

Berlin-based GetYourGuide, a booking platform for travel experiences, has raised $484 million in Series E financing. SoftBank Vision Fund led the round with participation from other investors that included Temasek, Lakestar, Korelya Capital and Heartcore Capital. As part of the investment, Ted Fike, a partner at SoftBank Investment Advisers, will join GetYourGuide’s board of directors. Source: Press Release
Tags: Berlin, Trends, VC Deals, SoftBank Vision Fund, SoftBank Investment Advisers, Ted Fike, Temasek Lakestar Korelya Capital

'The disruptors will be disrupted': The man who runs the $100 billion SoftBank Vision Fund offers bold predictions for how different the world will look in 10 years

Rajeev Misra, the CEO of SoftBank Investment Advisers, had a wide-ranging discussion at the recent Milken Institute Global Conference about his investing process. Misra, who runs the $100 billion SoftBank Vision Fund, made a handful of bold predictions when asked what he sees coming in the future. Visit Business Insider's homepage for more stories. You don't end up in charge of a multi-billion-dollar venture fund filled with some of the world's hottest young companies without thinking multipl...
Tags: Apple, Google, Softbank, Trends, Earth, Cities, Gm, Goldman Sachs, Thanos, Exxon, Doordash, Milken Institute Global Conference, Michael Milken, Misra, SoftBank Vision Fund, Rajeev Misra

What Wall Street's thinking, the VC investors getting rich, and Chevy's long game

Hello! The Wall Street elite spent the first half of this week in Los Angeles for the annual Milken Institute Global Conference. And the mood, according to Business Insider's Dakin Campbell, was cautious. In his story, Inside Milken 2019, where Masters of the Universe fret over the economy even as their wealth grows, he wrote:  One West Coast banker is telling business owners to sell their company in the next 12 months or prepare to navigate through the next recession. An Orange County money man...
Tags: Verizon, Lyft, Florida, Hollywood, America, Los Angeles, Trends, General Motors, Tesla, Atlantic, Warren Buffett, Fidelity, Silicon Valley, Jeffrey Katzenberg, Chevy, West Coast

Japan’s SoftBank invests $1 billion in delivery app Rappi: Reuters

Japan’s SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming earlier media reports. In a statement, Rappi said the proceeds will be used to enhance the company’s presence in existing markets and to enter new ones. New products and services are also likely to be created, Rappi said, without providing further details. At first, SoftBank Group Corp and another S...
Tags: Japan, Softbank, Trends, Colombia, Brazil, Uruguay, Latin America, Andreesen Horowitz, Reuters, SoftBank Group Corp, Marcelo Claure, SoftBank Group, Innovation Fund, VC Deals, Jeffrey Housenbold, Rappi

The CEO of SoftBank Investment Advisers, who runs the world's biggest venture fund, offers an inside look at how he picks which companies to lavish with billions of capital

Rajeev Misra, the CEO of the $100 billion SoftBank Vision Fund, had a wide-ranging discussion at the Milken Institute Global Conference about his investing process. Misra revealed how he picks which companies to include in his portfolio, and what he looks for in a CEO. Follow all of Business Insider's coverage of the 2019 Milken Conference here. BEVERLY HILLS — If you're a promising-yet-fledgling company looking for a capital injection, chances are you've asked SoftBank Investment Advisers fo...
Tags: Softbank, US, Trends, David, Cambridge, Oyo, Milken Institute Global Conference, Misra, SoftBank Vision Fund, Rajeev Misra, Vision Fund, Milken, SoftBank Investment Advisers, Milken Platform, Cambridge Telematics

Travel activities and services booking platform Klook racks up $225 mln

Klook, a travel activities and services booking platform, has secured $225 million in Series D+ funding. The SoftBank Vision Fund led the round with participation from return backers including Sequoia China, Matrix Partners, TCV and OurCrowd. PRESS RELEASE HONG KONG, APRIL 9, 2019 — Klook, a world leading travel activities and services booking platform, today announced it has raised US$225M in Series D+ funding. This increases the company’s total Series D funding round to US$425M. The SoftBank V...
Tags: Google, Hong Kong, Europe, Japan, US, Trends, United States, Tokyo, Klook, Rail Europe, SoftBank Group, Australia Europe, VC Deals, SoftBank Vision Fund, SoftBank Investment Advisers, Klook Klook

SoftBank launches the Innovation Fund, committing $2B to invest in Latin America

While SoftBank continues to make big bets on startups out of its $100-billion Vision Fund, it has also launched another investment vehicle to invest in tech opportunities specifically in Latin America. Today the group announced the SoftBank Innovation Fund, which is starting out with a $2 billion commitment to invest in tech startups in Central and South America, specifically starting in the countries of Argentina, Brazil, Chile, Colombia and Mexico, covering areas like e-commerce, digital fi...
Tags: Health, Amazon, Startups, TC, Ecommerce, Asia, Mexico, China, India, Softbank, Funding, US, Tech, Bloomberg, Healthcare, Venture Capital

Softbank’s next bet: $940M into autonomous delivery startup Nuro

Nuro, the autonomous delivery startup, has raised $940 million in financing from the Softbank Vision Fund, a whopping amount that will be used to expand its delivery service, add new partners, hire employees and scale up its fleet of self-driving bots. Nuro has raised more than $1 billion from partners including SoftBank, Greylock Partners and Gaorong Capital. “We’ve spent the last two and a half years building an amazing team, launching our first unmanned service, working with incredible ...
Tags: Transportation, Softbank, Tech, Automotive, Arizona, Toyota, Self-driving Cars, Robotics, Greylock Partners, Kroger, Phoenix, Starship Technologies, Ike, Dave Ferguson, SoftBank Vision Fund, SoftBank Investment Advisers

Globality amasses $100 mln

Globality, an AI-powered smart sourcing platform, has secured $100 million in funding. The investor was SoftBank Vision Fund. In conjunction with the funding, Jeffrey Housenbold and Ted Fike of SoftBank Investment Advisers will join the company’s board. Source: Press Release
Tags: Trends, VC Deals, Jeffrey Housenbold, SoftBank Vision Fund, SoftBank Investment Advisers, Ted Fike

Industry moves roundup: Softbank, Universal Music, LinkedIn and more

Industry moves for December 2018 Former MD of Facebook India Kirthiga Reddy has joined SoftBank Investment Advisers, which oversees the Softbank Vision Fund, as its first venture partner. Reddy will be based out of Softbank’s US office and will work with senior managing partner Deep Nishar. They... ...
Tags: Travel, News, Internet, Softbank, US, Linkedin, Delhivery, Reddy, Universal Music, Industry Moves, Facebook India, Kirthiga Reddy, SoftBank Vision Fund, SoftBank Investment Advisers, SportsFlashes, Softbank Universal Music LinkedIn

Relay Therapeutics raises $400 mln

Relay Therapeutics said Dec. 20 that it raised $400 million in Series C financing led by the SoftBank Vision Fund. New investors included Foresite Capital, Perceptive Advisors and Tavistock Group. Existing investors GV, Casdin Capital, BVF Partners, EcoR1 Capital, Alexandria Venture Investments, and an affiliate of D.E. Shaw Research also participated. Relay Therapeutics, of Cambridge, Massachusetts, is a biotech. PRESS RELEASE Relay Therapeutics Secures $400 Million in Series C Financing Procee...
Tags: Softbank, Trends, Cambridge Massachusetts, Cambridge Mass, Third Rock Ventures, SoftBank Vision Fund, Alexis Borisy, SoftBank Investment Advisers, Sanjiv Patel, Cambridge Massachusetts Relay Therapeutics, SoftBank Vision Fund New, D E Shaw Research, D E Shaw Research Prior

Zymergen, the Porsche 911 of the Materials Superhighway, raises $400M in monumental Series C round

We call it the materials superhighway to suggest an awesome speed of innovation, a connection back to the genetics revolution and the information superhighway, and a focus on the new materials, chemicals, substances, and energies of the advanced bioeconomy. That superhighway may have just found its Porsche 911 — fast as lightning, stunning design and a public reception because of what it can do and is doing that, if it reaches its potential, will have us talking about this one is hushed tones fo...
Tags: Hillary Clinton, Top Stories, Alan Turing, Bletchley Park, Silicon Valley, Goldman Sachs, Obvious Ventures, Novozymes, Genomatica, Zymergen, Arzeda, Valley, Moore, The Digest, Mark Emalfarb, Josh Hoffman

SoftBank backs ParkJockey

Miami-based ParkJockey, a parking technology solutions provider, has secured funding from the SoftBank Group. Also, ParkJockey and Mubadala Capital have acquired Atlanta-based Citizens Parking Inc, a parking management operator. Also, both ParkJockey and Mubadala have agreed to acquire Imperial Parking Corporation, a parking management company in North America, from a subsidiary of Ontario Teachers’ Pension Plan. No financial terms were disclosed. The Impark deal is expected to close in the firs...
Tags: Europe, Softbank, Trends, Atlanta, United States, Miami, North America, Citizens, Ontario, Ari, SoftBank Group, VC Deals, Mubadala, Mubadala Investment Company, Mubadala Capital, SoftBank Investment Advisers

SoftBank doubles down on Korean online retailer Coupang with $2 billion investment: Reuters

SoftBank Group Corp’s Vision Fund is investing $2 billion in South Korea’s top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup girds for battle against rivals backed by the country’s cash-rich chaebol. The latest investment follows the $1 billion that SoftBank invested in Coupang in 2015 and values the eight-year-old startup at around $9 billion, a source close to Coupang said. Coupang has since grown rapidly to become a major player in the country’s e-commerce ...
Tags: South Korea, Softbank, Trends, Kim, Coupang, Reuters, Telecom Italia, E Mart, Shinsegae, VC Deals, Vision Fund, SoftBank Group Corp 's Vision Fund, SoftBank Investment Advisers, Bom Kim, Statista But, WeWork Cos Reuters

India’s PolicyBazaar raises $200M led by SoftBank’s Vision Fund

India’s PolicyBazaar, which runs a digital insurance business of the same name and a lending marketplace called, is the latest company to join SoftBank’s $100 billion Vision Fund after it announced a new funding round of over $200 million. The deal was led by the Vision Fund with participation from existing investors including InfoEdge, the company behind jobs platform The startup’s other investors count Softbank, Temasek, Tiger Global and True North, but an announ...
Tags: Amazon, Fundings & Exits, Startups, Asia, India, Softbank, Temasek, SoftBank Group, Acko, PolicyBazaar, Vision Fund, Varun Dua, SoftBank Investment Advisers, Coverfox, Across, Softbank Temasek Tiger Global

SoftBank Vision fund leads $250M Series D for Cohesity’s hyperconverged data platform

San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this is only the second time SoftBank’s gigantic Vision Fund has invested in an enterprise software company. The fund, which is almost $100BN in size — wit...
Tags: Google, Fundings & Exits, Apps, Storage, Enterprise, Softbank, Tech, Cisco, San Jose, Sequoia Capital, Enterprise Software, Hewlett-packard Enterprise, Cisco Investments, SoftBank Group, Mohit Aron, Cohesity

SoftBank Vision Fund To Invest Over 2 Billion In GM Cruise

The SoftBank Vision Fund will invest $2.25 billion in GM Cruise Holdings LLC, a move aimed at strengthening the company’s plans to commercialize and scale autonomous vehicle technology. General Motors will also invest $1.1 billion in GM Cruise upon closing of the SoftBank Vision Fund transaction. “Our Cruise and GM teams together have made tremendous progress over the last two years,” explained GM Chairman and CEO Mary Barra. “Teaming up with SoftBank adds an additional strong partner as we purs...
Tags: Softbank, General Motors, Mary Barra, Gm, Autos, Department Of Transportation, Detroit Michigan, Dan Ammann, Ronen, Car News, Future Of Transportation, GM Cruise, Steve Fecht, SoftBank Vision Fund, Vision Fund, SoftBank Investment Advisers

GM is surging after Japan’s SoftBank announced a $2.25 billion investment in its self-driving car unit (GM)

General Motors' self-driving car unit, Cruise, is getting a $2.25 billion investment from Japan's SoftBank. The deal values Cruise at $11.5 billion — almost 20 times what GM paid for it in 2016.  GM surged more than 10% after the investment was announced.  Follow General Motor's stock price in real-time here.  Shares of General Motors surged more than 10% in early trading Thursday after Japan’s SoftBank tech fund announced a $2.25 billion investment in the company’s self-driving car unit kno...
Tags: Japan, Softbank, San Francisco, Trends, General Motors, Cruise, Gm, Nba, Silicon Valley, Donald Trump, James Harden, Dan Ammann, Kyle Vogt, SoftBank Investment Advisers, Orion Michigan, Michael Ronen

SoftBank Continues Funding Spree, Leads $865M Round for Katerra

Katerra, a building construction startup inspired by the efficient practices of electronics manufacturing, announced today it has raised $865 million in a Series D fundraising round led by the SoftBank Vision Fund. The company was co-founded in 2015 by Michael Marks, the former CEO of contract electronics manufacturer Flextronics. Katerra has large-scale ambitions that match the goals of the huge Vision Fund, which announced in May that it had scored investor commitments of $93 billion on...
Tags: Deals, Startups, Internet, Entrepreneurship, Softbank, Funding, San Francisco, Trends, Supply Chain, Web, It, Vc, Software, Innovation, Venture Capital, Financing

Construction tech company Katerra racks up $865 mln Series D

Construction tech company Katerra has secured $865 million in Series D funding. SoftBank Vision Fund led the round with participation from others that included Canada Pension Plan Investment Board, a fund managed by Soros Fund Management LLC, Tavistock Group, Navitas Capital and DivcoWest. In conjunction with the funding, Jeffrey Housenbold of SoftBank Investment Advisers will join Katerra’s board of directors. PRESS RELEASE Menlo Park, January 24, 2018 – Katerra, a technology company redefining...
Tags: Trends, Cppib, Flextronics, Apple Google, Spokane WA, Canada Pension Plan Investment Board, Phoenix AZ, Canada Pension Plan Investment Board CPPIB, VC Deals, Jeffrey Housenbold, BIM, SoftBank Vision Fund, Katerra, Michael Marks, Katerra Katerra, SoftBank Investment Advisers

Auto1 says no need for IPO after Softbank invests: Reuters

German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make around half of its investment via new shares, valuing Auto1 at 2.9 billion euros and supporting the auto trader’s international expansion. That money is of the order that Berlin-based Auto1 might have raised with a stock market f...
Tags: Japan, Saudi Arabia, Ipo, Germany, Berlin, Softbank, Trends, Britain, Portugal, Switzerland, Finland, Romania, Financial Times, Reuters, Zalando, Koc

SoftBank's big, discounted Uber deal is going through — and it's going to invest another $1.25 billion on top of that

SoftBank's offer to purchase Uber shares from earlier investors and employees has succeeded. As part of the deal, SoftBank is expected to buy shares from employees and investors worth about 15% of the company and will invest an additional $1.25 billion directly into Uber.  SoftBank offered $33 per Uber share. That price puts the company's value at $48 billion, or about 30% less than the $69 billion valuation it had after its last funding round. It's official: SoftBank will own a big chunk o...
Tags: Uber, Softbank, Trends, Travis Kalanick, Rajeev Misra, SoftBank Investment Advisers

Sprint CEO nominated to join parent company's board

Sprint Corp. CEO Marcelo Claure has been nominated to join the board of directors for SoftBank Group Corp., Sprint's primary owner. SoftBank announced in a filing Wednesday that the candidates will be elected at the company's annual shareholders meeting on June 21 in Tokyo. Other candidates include Simon Segars, CEO of ARM Holdings; Rajeev Misra, CEO of SoftBank Investment Advisers; Mark Schwartz, senior director of Goldman Sachs & Co.; and Yasir Al-Rumayyan, managing director of the Kingdom o...
Tags: Softbank, Sprint, Tokyo, ARM Holdings, Sprint Corp, Marcelo Claure, Mark Schwartz, Goldman Sachs Co, Rajeev Misra, Yasir al Rumayyan, Simon Segars, SoftBank Group Corp Sprint, SoftBank Investment Advisers