Softbank and Uber completed as much as $ 7.7 billion in investment deals last month, including $ 1.2 billion in direct investment, while SoftBank agreed to invest $ 4.58 billion in drops earlier this year from Softbank's Delta Fund Manage 6 billion dollars).
Other investments include ARM, NVIDIA, Flipkart and Paytm parent One97 Communication, OYO Rooms and Improbable. There are also new deals such as $ 300 million in Wag for Dog Walking Services and $ 650 million in Germany's Auto1.
The Vision Fund is part of SoftBank's 300-year-long program of growth that helps these companies work together and supports the development of telecommunications and AI technologies by supporting winners in various fields around the world whose limited partners include Apple, Qualcomm, Headquartered in the United States Mubadala investment company, PID public fund in Saudi Arabia, Foxconn and its Sharp (Sharp).
For late-stage investors, the strong funds held by vision funds have changed the rules of the game, and Sequoia is also scrambling to raise more funds than ever before.
There are a lot of things to note about these funds, and in the Wag case, the fund insisted on investing at least $ 300 million, with higher valuations reportedly bullish on NEA and Kleiner Perkins, all keen to support the startup, but in the end, the vision The fund completed its own round of financing, which is common in many transactions.
In science and technology investment, the huge amount of money is unprecedented, but if you get support earlier, of course not all bad.When talking about the latest fund, Battery Ventures general partner Roger Lee (Roger Lee) said , A fund that is a great partner and complementary resource provider to companies that have the potential to set up their own king of the field. "Lee also said:" SoftBank is behind the scenes of many companies that are operating and have created In addition, SoftBank is not the only financing option, with a large number of late-stage investors willing to fund pre-IPO companies.
Softbank said that the return value of its portfolio has reached 2.3 billion US dollars, most of which come from the share price of NVIDIA.