SoftBank’s Vision Fund inches closer to $100B
It’s important to remember that the $100 billion number most often associated with the gargantuan fund is only a target.
Today, however, the Vision Fund inched yet closer to that 12-figure goal as it continues to pour billions of dollars into technology companies around the world.
So far in 2018 the SoftBank Vision Fund has invested in more than 20 deals, accounting for over $21 billion in total investment.
That sum didn’t all come from the Vision Fund of course — SoftBank’s Vision Fund typically invests alongside one or more syndicate partners who help fill out bigger rounds — but the amounts are nonetheless staggering.
The chart below shows the Vision Fund’s investments since its inception in 2017.
In an annual Form D disclosure filed with the Securities and Exchange Commission this morning, SBVF disclosed that it has raised a total of approximately $98.58 billion from 14 investors since the date of first sale on May 20, 2017.
The annual filing from last year said there was roughly $93.15 billion raised from 8 investors, meaning that the Vision Fund has raised $5.43 billion in the past year and added six new investors to its limited partner base.
TechCrunch
https://techcrunch.com/2018/12/08/softbanks-vision-fund-inches-closer-to-100b/