Quantcast
Channel: Startups
Viewing all articles
Browse latest Browse all 5208

SoftBank's running list of deals shows the Japanese company is one of the biggest, craziest investors in tech right now

$
0
0

Softbank pepper robot

Japanese tech giant SoftBank has billions of dollars at its disposal to fund and acquire high-profile companies.

The massive corporation — led by Masayoshi Son, Japan's richest man — makes investments through the SoftBank Group and its $100 billion SoftBank Vision Fund. SoftBank has also announced commitments of $108 billion for its second Vision Fund, with backing from Apple, Microsoft, and a number of Japanese banks, and sovereign wealth funds.

SoftBank has backed or bought a long list of established tech firms such as Nvidia, the We Company, Slack, Uber, and ARM. It's also backed less well-known startups, like satellite internet firm OneWeb, Indian e-commerce company Paytm, and farming startup Plenty. Most of the money has gone to companies in Europe, Asia, and North America. 

Here's a running list of SoftBank's investments, based on how much the firm has put into in each company:

SEE ALSO: The 23 most powerful LGBTQ+ people in tech

Ola Electric — $250 million

What it does: Electric vehicles arm of Ola

Founded: 2017

Most recent valuation: Reported $1.1 billion

SoftBank's total investment: $250 million

  • July 2019— Participated in $250 million round

Total funding raised: $306.4 million (PitchBook)



Gympass — $300 million

What it does: Discounted gym access for employees

Founded: 2013

Most recent valuation: Reported $1 billion

SoftBank's total investment: Unknown

  • June 2019— Participated in $300 million round

Total funding raised: $300 million (PitchBook)



Grofers — $471 million

What it does: Online supermarket

Founded: 2013

Most recent valuation: $1 billion

SoftBank's total investment: Unknown

Total funding raised: $471 million



Talkspace — estimated $20 million to $50 million

What it does: Online therapy platform

Founded: 2011

Most recent valuation: $310 million

SoftBank's total investment: Estimated $20 million to $50 million

Total funding raised: $110 million (PitchBook)



Globality — $100 million

What it does: B2B matching marketplace

Founded: 2015

Most recent valuation: $800 million

SoftBank's total investment: $100 million

Total funding raised: $172.2 million (PitchBook)



Boston Dynamics — acquired for estimated $100 million

What it does: Robotics development

Founded: 1992

SoftBank's total investment: Estimated $100 million

  • June 2017— Undisclosed amount to acquire Boston Dynamics, though deal is estimated to be worth $100 million.


Alibaba — $102 million

What it does: E-commerce platform in China

Founded: 1999

Market cap: $428.2 billion at time of writing

SoftBank's total investment: $102 million



Brain Corp — $114 million

What it does: AI technology for autonomous robots and machines

Founded: 2009

Most recent valuation: $240 million

SoftBank's total investment: $114 million

Total funding raised: $123 million (PitchBook)



Light — $121 million

What it does: Ultra-zoom digital photography cameras

Founded: 2013

Most recent valuation: $396 million

SoftBank's total investment: $121 million

Total funding raised: $206 million (PitchBook)



Cybereason — $150 million

What it does: Israeli security software provider

Founded: 2012

Most recent valuation: $850 million

SoftBank's total investment: $150 million

Total funding raised: $189 million (PitchBook)



Nauto — $159 million

What it does: Self-driving car technology

Founded: 2015

Most recent valuation: $1 billion

SoftBank's total investment: $159 million

Total funding raised: $174.2 million (PitchBook)



Mapbox — $164 million

What it does: Customized maps on open-source platform

Founded: 2010

Most recent valuation: $385 million

SoftBank's total investment: $164 million

Total funding raised: $229.4 million (PitchBook)



Clutter — $200 million

What it does: On-demand storage services and platform

Founded: 2013

Most recent valuation: $600 million

SoftBank's total investment: $200 million

Total funding raised: $297.2 million (PitchBook)



Plenty — $200 million

What it does: Indoor vertical farming

Founded: 2013

Most recent valuation: $500 million

SoftBank's total investment: $200 million

Total funding raised: $260 million (PitchBook)



Brandless — $240 million

What it does: E-commerce platform

Founded: 2014

Most recent valuation: $235.3 million

SoftBank's total investment: $240 million

Total funding raised: $292.5 million (PitchBook)



Slack — $250 million

What it does: E-commerce platform

Founded: 2014

Market cap: $235.3 million at time of writing

SoftBank's total investment: $240 million

Total funding raised: $292.5 million (PitchBook)



Automation Anywhere — $300 million

What it does: Software for robotic process automation (RPA)

Founded: 2003

Most recent valuation: $2.6 billion

SoftBank's total investment: $300 million

Total funding raised: $550 million (PitchBook)



Getaround — $300 million

What it does: Peer-to-peer car sharing e-marketplace

Founded: 2011

Most recent valuation: $850 million

SoftBank's total investment: $300 million

Total funding raised: $410 million (PitchBook)



Kabbage — $300 million

What it does: Online loan lending platform

Founded: 2008

Most recent valuation: $1.2 billion

SoftBank's total investment: $300 million

Total funding raised: $989.5 million (PitchBook)



Wag — $300 million

What it does: Dog walking app

Founded: 2015

Most recent valuation: $610 million

SoftBank's total investment: $300 million

Total funding raised: $321.5 million (PitchBook)



Zume — $375 million

What it does: Robot-powered pizza delivery service

Founded: 2015

Most recent valuation: $1.5 billion

SoftBank's total investment: $375 million

Total funding raised: $445.7 million (PitchBook)



Fair — $385 billion

What it does: Car borrowing platform

Founded: 2016

Most recent valuation: $1.2 billion

SoftBank's total investment: $385 million

Total funding raised: $1.6 billion (PitchBook)



Paytm Mall — $400 million

What it does: Online shopping platform in India

Founded: 2016

Most recent valuation: Reported $3 billion

SoftBank's total investment: $400 million

Total funding raised: $795 million (Crunchbase)



Guardant Health — $401 million

What it does: 'Liquid biopsy' blood testing for cancer treatment

Founded: 2013

Market cap: $8.72 billion at time of writing

SoftBank's total investment: $401 million

  • May 2018— $41 million into joint venture Guardant Health AMEA
  • May 2017— Led $360 million round


Lemonade — $420 million

What it does: Insurance e-platform for renters and homeowners

Founded: 2015

Most recent valuation: $2 billion

SoftBank's total investment: $420 million

Total funding raised: $479.8 million (PitchBook)



Opendoor — Estimated $500 million

What it does: Online real estate marketplace

Founded: 2014

Most recent valuation: $3.8 billion

SoftBank's total investment: Estimated $500 million

Total funding raised: $4.4 billion (PitchBook)



Cambridge Mobile Telematics — $500 million

What it does: Mobile analytics provider

Founded: 2010

Most recent valuation: $24.5 million

SoftBank's total investment: $500 million

Total funding raised: $502.5 million (PitchBook)



Improbable — $502 million

What it does: Virtual gaming developer

Founded: 2012

Most recent valuation: $2 billion

SoftBank's total investment: $502 million

Total funding raised: $608.2 million (PitchBook)



Auto1 — $561 million

What it does: German-based platform for buying and selling used cars

Founded: 2012

Most recent valuation: $3.5 billion

SoftBank's total investment: $560 million

Total funding raised: $1.3 billion (PitchBook)



ZhongAn — $600 million

What it does: Online-only insurance services

Founded: 2013

Market cap: $32 billion at time of writing

SoftBank's total investment: $600 million



DoorDash — estimated $600 million to $900 million

What it does: Food delivery platform

Founded: 2013

Most recent valuation: $12.6 billion

SoftBank's total investment: Estimated $600 million to $900 million

Total funding raised: $2 billion (PitchBook)



OSIsoft — estimated "high hundreds of millions"

What it does: Software for industrial companies

Founded: 1980

Most recent valuation: "Several billion dollars" (May 2017)

SoftBank's total investment: Undisclosed

  • May 2017— Not disclosed, but sources told Reuters that SoftBank bought its stake from other existing investors for "high hundreds of millions."

Total funding raised: $135 million (PitchBook)



Compass — $850 million

What it does: Online real estate marketplace

Founded: 2012

Most recent valuation: $4.4 billion

SoftBank's total investment: $850 million

  • September 2018 — Led $400 million round
  • December 2017 — Invested $450 million

Total funding raised: $1.1 billion (PitchBook)



Katerra — $865 million

What it does: One-stop construction and building platform

Founded: 2015

Most recent valuation: $4 billion

SoftBank's total investment: $865 million

Total funding raised: $1.2 billion (PitchBook)



ParkJockey — $900 million

What it does: Smart parking app

Founded: 2013

Most recent valuation: $1 billion

SoftBank's total investment: $900 million

Total funding raised: About $1 billion (PitchBook)



Ola — estimated $800 million to $1 billion

What it does: Ride-hailing service in India

Founded: 2010

Most recent valuation: $5.3 billion (January 2019)

SoftBank's total investment: Estimated $800 million to $1 billion

Total funding raised: $3.4 billion (PitchBook)



Nuro — $940 million

What it does: AI technology for self-driving cars

Founded: 2016

Most recent valuation: $2.7 billion

SoftBank's total investment: $940 million

Total funding raised: $1 billion (PitchBook)



Flexport — $1 billion

What it does: Freight forwarding

Founded: 2013

Most recent valuation: $3.2 billion

SoftBank's total investment: $1 billion

Total funding raised: $1.4 billion (PitchBook)



Fanatics — estimated $1 billion to $1.2 billion

What it does: Online platform for sports merchandise

Founded: 1995

Most recent valuation: $4.5 billion

SoftBank's total investment: Estimated $1 billion to $1.2 billion

  • September 2017— Led $1 billion round
  • August 2015 — Participated in $300 million round

Total funding raised: $1.6 billion (PitchBook)



SoFi — estimated $1.1 billion

What it does: US-based "alt-lender" for student refinancing loans

Founded: 2011

Most recent valuation: $4.8 billion

SoftBank's total investment: Estimated $1.1 billion

Total funding raised: $2.42 billion (PitchBook)



Snapdeal — estimated $1.2 billion

What it does: Online shopping marketplace in India

Founded: 2010

Most recent valuation: $950 million (July 2017)

SoftBank's total investment: Estimated $1.2 billion

Total funding raised: $1.5 billion (PitchBook)



Tokopedia — $1.3 billion

What it does: Online shopping site in Indonesia

Founded: 2009

Most recent valuation: $7 billion (November 2018)

SoftBank's total investment: Estimated $1.3 billion

Total funding raised: $2.5 billion (PitchBook)



Paytm — $1.4 billion

What it does: Digital payments wallet in India

Founded: 2010

Most recent valuation: $10 billion to $12 billion (August 2018)

SoftBank's total investment: $1.4 billion

Total funding raised: $3.6 billion (PitchBook)



Chehaoduo — $1.5 billion

What it does: Used car trading platform

Founded: 2014

Most recent valuation: $8.5 billion

SoftBank's total investment: $1.5 billion

Total funding raised: $3.3 billion (PitchBook)



ByteDance — estimated $1.8 billion

What it does: Chinese internet company running apps like TikTok, Toutiao

Founded: 2012

Most recent valuation: $75 billion

SoftBank's total investment: Estimated $1.8 billion (Bloomberg)

Total funding raised: $7.4 billion (PitchBook)



Brightstar — acquired for $2.2 billion

What it does: Cell phone distributor

Founded: 1997

SoftBank's total investment: $2.2 billion



YMobile (formerly eAccess) — acquired for $2.3 billion

What it does: Mobile telecommunications provider in Japan

Founded: 1999

SoftBank's total investment: $2.3 billion

  • April 2015— Undisclosed amount for merger of Ymobile to form SoftBank Corp., the company's mobile unit.
  • January 2013— $2.3 billion to acquire broadband provider eAccess


Flipkart — $2.5 billion, but has since sold off stake

What it does: E-commerce platform in India

Founded: 2007

Most recent valuation: $20 billion

SoftBank's total investment: $2.5 billion, but has since sold off stake

Total funding raised: $7.7 billion (PitchBook)



Cruise — estimated $2.5 billion to $3 billion

What it does: Self-driving car developer

Founded: 2013

Most recent valuation: $19 billion

SoftBank's total investment: Estimated $2.5 billion to $3 billion

  • May 2019— Participated in $1.15 billion round
  • May 2018— Invested $2.25 billion

Total funding raised: $7.3 billion (PitchBook)



OneWeb — $2.8 billion

What it does: Broadband internet access via satellites

Founded: 2012

Most recent valuation: $14 billion (February 2017 before failed merger)

SoftBank's total investment: $2.8 billion

Total funding raised: $3.4 billion (PitchBook)



Coupang — $3 billion

What it does: E-commerce platform in South Korea

Founded: 2010

Most recent valuation: $9 billion

SoftBank's total investment: $3 billion

Total funding raised: $3.5 billion (PitchBook)



Ele.me — $3 billion

What it does: Food delivery platform in China (bought by Alibaba in April 2018)

Founded: 2008

SoftBank's total investment: $3 billion



Nvidia — $4 billion, but has since sold stake

What it does: US-based graphics chip maker for gaming

Founded: 1993

Market cap: $93.1 billion at time of writing

SoftBank's total investment: $4 billion, but sold off stake for $3.6 billion in January 2019



Grab — estimated $5.5 billion

What it does: Taxi-hailing company in southeast Asia

Founded: 2012

Most recent valuation: $14 billion (March 2019)

SoftBank's total investment: Estimated $5.5 billion

Total funding raised: $9.1 billion (PitchBook)



The We Company — $10.5 billion

What it does: Provides collaborative office space for companies

Founded: 2010

Most recent valuation: $47 billion (January 2019)

SoftBank's total investment: $10.5 billion

  • January 2019— Invested $5 billion, and bought $1 billion worth of shares from investors
  • August 2017— Invested $3.1 billion, and bought $1.3 billion worth of shares from investors

Total funding raised: $12.1 billion (Crunchbase)



Uber — $9.3 billion

What it does: Ride-hailing platform

Founded: 2009

Market cap: $74.6 billion at time of writing

SoftBank's total investment: $9.3 billion

  • January 2018— Led $1.3 billion round
  • January 2018— Invested $8 billion by buying shares from existing shareholders for a 15% stake


Didi Chuxing — estimated $11 billion to $15 billion

What it does: Ride-hailing platform in China

Founded: 2012

Most recent valuation: $57.6 billion

SoftBank's total investment: Estimated $11 billion to $15 billion

Total funding raised: $22.7 billion (PitchBook)



Sprint — $21.7 billion

What it does: Phone and wireless services provider

Founded: 1899 (as Brown Telephone Company)

Market cap: $31.66 billion at time of writing

SoftBank's total investment: $21.7 billion

  • April 2018— Ownership decreased to 27% with T-Mobile-Sprint merger
  • August 2015— $87 million
  • July 2013— $21.6 billion to acquire majority ownership of Sprint


ARM — acquired for $32 billion

What it does: UK-based chip designer for smartphones, including iPhones

Founded: 1990

SoftBank's total investment: $32 billion

  • September 2016— $32 billion to acquire ARM
  • June 2018— sold 51% stake in Arm's Chinese operations for $775 million


What it does: Franchised budget hotels

Founded: 2013

Most recent valuation: $5 billion

SoftBank's total investment: Unknown

  1. September 2018 — led $1 billion round
  2. September 2017 — led $250 million round
  3. August 2016 — led $50 million round
  4. August 2015 — invested $100 million

Total funding raised: $1.7 billion (PitchBook)



Fungible — $200 million

What it does: Hardware and software for data centers.

Founded: 2015

Most recent valuation: Unknown

SoftBank's total investment: $200 million

Total funding raised: $292.5 million (Crunchbase)



Oaknorth — $390 million

What it does: Business lending

Founded: 2015

Most recent valuation: $2.3 billion (September 2018)

SoftBank's total investment: $390 million (CNBC)

Total funding raised: $1 billion (Crunchbase)



Rappi — $1 billion

What it does: Colombian food delivery startup

Founded: 2015

Most recent valuation: $1.5 billion

SoftBank's total investment: $1 billion

Total funding raised: $1.46 billion (Pitchbook)




Viewing all articles
Browse latest Browse all 5208

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>