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Tag: softbank vision fund

SoftBank’s Vision Fund CEO Rajeev Misra Lined Up for Masayoshi Son’s Successor
4Jun By Lavina TolaniNo Comments
News

SoftBank’s Vision Fund CEO Rajeev Misra Lined Up for Masayoshi Son’s Successor

Softbank Group Corp has promoted Rajeev Misra, the chief executive officer of Vision Fund as the executive vice president of the Softbank board of directors, a move that would now place the director in the list of those in the line up to succeed the Tokyo-based company’s founder Masayoshi Son. Misra took over as CEO of $93 Bn valued Vision Fund in 2016 was elevated to the board of SoftBank Group in May 2017. As per media sources, Misra is among the least three senior executives who could succeed Son when he will step down.   3 Potential Successors Lined-Up to Take Over as Masayoshi's Son's Successor Interestingly, the Japanese conglomerate had lined up 3 potential successors hinting to take over after CEO's Masayoshi Son. Marcelo Claure, now the chief promoting officer will...
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San Francisco Based Slack Raises $250 Mn From SoftBank Vision Fund
18Sep By PriyankaNo Comments
FUNDING, USA

San Francisco Based Slack Raises $250 Mn From SoftBank Vision Fund

San Francisco based Slack Technologies Inc. raises $250 million funding round led by SoftBank Group Corp.’s Vision Fund, valuing the startup at $5.1 billion. According to the reports, Slack will be utilising the funds for expansion in an increasingly competitive market for workplace messaging services. The Vision Fund was joined by Accel and other investors, Slack said on Sunday. Slack, which originally pitched as a dead-simple collaboration tool, is now looking to become more of a go-to for larger businesses as it faces a very competitive field with products from Microsoft and Atlassian. Slack earlier in this month reported that it has more than 6 million daily active users and has crossed around $200 million in annual recurring. ALSO READ   SoftBank Founder Masayoshi S...
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WeWork Bags $4.4 Bn Investment From SoftBank Group And Vision Fund
26Aug By AnkitaNo Comments
FUNDING

WeWork Bags $4.4 Bn Investment From SoftBank Group And Vision Fund

After having invested multibillion dollars in companies as diverse as the graphics chip maker Nvidia, an artificial intelligence software maker and an indoor farming start-up, SoftBank has chosen WeWork, a fast growing co-working spaces startup. This investment will accelerate WeWork’s ability to connect more people to WeWork's global community, which currently stands at approximately 150,000 members, as well as further expand WeWork’s physical presence across the globe. “Masayoshi Son is a visionary business leader and we are humbled by this strong endorsement of our mission and purpose,” said Adam Neumann, Co-Founder and CEO of WeWork. “This support from SoftBank and the Vision Fund will provide even more opportunities for creators as we set out to humanize the way people work and li...
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Why This Agriculture Startup Raised Largest-ever Funding From Softbank Vision Fund
20Jul By AdityaNo Comments
News

Why This Agriculture Startup Raised Largest-ever Funding From Softbank Vision Fund

Plenty, the leading field-scale indoor farming company remaking the global food system, announced today a $200 million Series B funding round led by the SoftBank Vision Fund, making it the largest agriculture technology investment in history. Other participants in the round include existing backers such as DCM Ventures and funds that invest on behalf of Alphabet’s Eric Schmidt and Amazon’s Jeff Bezos. (more…)
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