Techmeme

Results 21 - 30 of about 133:

Biz Carson / Protocol:
Direct-to-consumer retailer Brandless shuts down, becoming the first company backed by SoftBank's Vision Fund to do so   —  Today direct-to-consumer retailer Brandless becomes the first SoftBank Vision Fund-backed startup to close down, as it stops taking orders and halts all business operations.
Feb 10, 2020, 1:20 PMIn context
Wall Street Journal:
Sources: SoftBank's Vision Fund 2 may end up raising less than half of the planned $108B, with nearly all of its capital coming from SoftBank itself   —  The new pool could end up being less than half its planned size, with nearly all of its capital coming from SoftBank itself
Feb 7, 2020, 2:40 PMIn context
Kirsten Korosec / TechCrunch:
Nuro receives a two-year driverless exemption for its new delivery vehicle called R2 and says it is the first company to receive such an exemption from NHTSA   —  Nuro, the autonomous delivery startup that raised $940 million in financing from Softbank Vision Fund last year …
Feb 6, 2020, 12:35 PMIn context
Financial Times:
Michael Ronen, a US managing partner for SoftBank's Vision Fund, says he is “negotiating” his exit from the fund, amid concern about its direction   —  A top US executive at SoftBank's $100bn Vision Fund is leaving after expressing concerns about “issues” at the technology conglomerate …
Feb 4, 2020, 2:25 PMIn context
Financial Times:
Sources: Uber and DoorDash held failed merger talks about six months ago; the talks were at SoftBank's behest which wanted to consolidate food-delivery industry   —  Uber and DoorDash held talks to combine last year in a deal that would have accelerated the long-awaited consolidation …
Jan 30, 2020, 11:10 AMIn context
Anirban Sen / Reuters:
Sources: online pharmacy Alto, which offers same-day deliveries and medication management apps, has raised ~$250M led by SoftBank, at a valuation of over $1B   —  BANGALORE (Reuters) - SoftBank's second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy …
Jan 30, 2020, 10:35 AMIn context
The Information:
Sources: SoftBank's Vision Fund led a $750M investment last August in Philadelphia-based goPuff, an on-demand delivery service for convenience products   —  SoftBank's Vision Fund made one of its largest U.S. venture investments last year in a Philadelphia-based startup that has developed …
Jan 17, 2020, 9:30 PMIn context
Natasha Mascarenhas / Crunchbase News:
Report: pizza-making robot startup Zume, which raised $375M from SoftBank Vision Fund in 2018, plans to lay off up to 400 staff, or about 80% of its employees   —  In a little over a year, pizza-making robot startup Zume has gone from getting $375 million from SoftBank, to pivoting …
Jan 7, 2020, 2:10 PMIn context
Dan Primack / Axios:
Sources: SoftBank Vision Fund has walked away from investing in several startups, months after submitting term sheets and saying closing delays were temporary   —  SoftBank Vision Fund has walked away from investing in several startups, months after submitting term sheets worth hundreds …
Jan 6, 2020, 9:22 AMIn context
The Economic Times:
SoftBank Vision Fund 2 invests $231M in India-based eyewear ecommerce startup Lenskart's Series G, sources say at a valuation of $1.5B   —  The transaction values company at about $1.5 billion post the investment  —  SoftBank has invested about $231 million (Rs 1,645 crore) …
Dec 20, 2019, 3:35 PMIn context

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