Techmeme

Results 1 - 10 of about 96:

Anirban Sen / Reuters:
Sources: SoftBank is struggling to raise money for Vision Fund 2; it is likely to be far smaller, at least at the start, than the $108B it said it had lined up   —  (Reuters) - SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund …
Oct 4, 2019, 2:35 PMIn context
Sara Ashley O'Brien / CNN:
Former employees of dog-walking startup Wag, which raised $300M from SoftBank and replaced CEO in Jan. 2018, describe slowed growth, multiple layoffs, and more   —  (CNN)At the start of 2018, Wag looked like tech's next Big Thing.  —  In January, the founders of the dog-walking startup announced …
Sep 27, 2019, 2:45 PMIn context
Bloomberg:
Sources: SoftBank Vision Fund backers Saudi Arabia's PIF and UAE's Mubadala are reconsidering how much to commit to Vision Fund II as a big bet on WeWork sours   —  - Saudis, Abu Dhabi consider dramatically cutting investment  — Discussions follow WeWork IPO process, drop in valuation
Sep 16, 2019, 1:15 PMIn context
Financial Times:
Sources: SoftBank urges WeWork to cancel IPO following cool reception from investors, amid fears it could affect SoftBank's Vision Fund fundraising efforts   —  SoftBank, the biggest outside shareholder in WeWork, is urging the lossmaking property group to shelve its hotly anticipated initial public offering …
Sep 9, 2019, 6:30 PMIn context
Allison Ingersoll / Bloomberg:
Kansas-based C2FO, which operates a enterprise-focused marketplace for working capital, raises $200M led by SoftBank Vision Fund   —  - Biggest round for C2FO with SoftBank's investment largest ever  — Plans to use money to expand operations in India, China, Japan
Aug 7, 2019, 11:05 AMIn context
Ryan Browne / CNBC:
SoftBank says Q1 operating profit at Vision and Delta funds was $3.74M, up 66% YoY, due to valuation increases for its investments in OYO, Slack, and DoorDash   —  KEY POINTS  —  SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on May 10, 2017 in Tokyo, Japan.
Aug 7, 2019, 9:10 AMIn context
Pavel Alpeyev / Bloomberg:
SoftBank announces Vision Fund 2, will commit $38B to it with the goal of raising $108B; Apple, Microsoft, and others are expected to contribute   —  SoftBank Group Corp.'s founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world's most influential technology investor.
Jul 25, 2019, 8:48 PMIn context
Wall Street Journal:
Sources: ahead of expected approval of the T-Mobile-Sprint merger, SoftBank's board will greenlight a $40B investment into its forthcoming second tech fund   —  SoftBank has been raising cash for the sequel to its $100 billion Vision Fund  —  Fresh from expected government approval for the sale …
Jul 24, 2019, 3:15 PMIn context
Carolina Mandl / Reuters:
Brazilian lending platform Creditas raises $231M co-led by SoftBank and SoftBank's Vision Fund, valuing the company at $750M, as it expands in Latin America   —  SAO PAULO (Reuters) - Japan's SoftBank (9434.T) has led a $231 million new financing round for Brazilian lending platform Creditas …
Jul 10, 2019, 10:30 AMIn context
Catherine Shu / TechCrunch:
Fungible, which lets data centers expand using Data Processing Units, raises $200M Series C led by SoftBank's Vision Fund, bringing its total raised to $300M   —  Fungible, a startup that wants to help data centers cope with the increasingly massive amounts of data produced by new technologies …
Jun 27, 2019, 11:30 AMIn context

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