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India’s financial services firm Paytm raises $1B

India’s financial services firm Paytm raises B Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook. The company said the new financing round, dubbed Series […]

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SoftBank Vision Fund’s Carolina Brochado is coming to Disrupt Berlin

SoftBank Vision Fund’s Carolina Brochado is coming to Disrupt Berlin SoftBank’s Vision Fund has single-handedly changed the game when it comes to tech startup investment. And that’s why I’m excited to announce that SoftBank Vision Fund investment director Carolina Brochado is joining us at TechCrunch Disrupt Berlin. Carolina Brochado isn’t a newcomer […]

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WeWork confirms an up to $8 billion lifeline from SoftBank Group; names new executive chairman

WeWork confirms an up to billion lifeline from SoftBank Group; names new executive chairman Confirming earlier reports, The We Company and SoftBank Group agreed to a new capital infusion which will see SoftBank committing $5 billion in new financing and issuing a tender offer for another $3 billion in buybacks for shareholders. […]

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Naspers CEO Bob van Dijk on SoftBank comparisons: ‘They’re broad, we’re focused; we invest in what we know’

Naspers CEO Bob van Dijk on SoftBank comparisons: ‘They’re broad, we’re focused; we invest in what we know’ Naspers, a South African internet company that has become a major investor in a wide range of digital commerce companies, has in recent years drawn comparisons to the Japanese conglomerate SoftBank. For one thing, […]

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Energy Vault raises $110 million from SoftBank Vision Fund as energy storage grabs headlines

Energy Vault raises 0 million from SoftBank Vision Fund as energy storage grabs headlines Imagine a moving tower made of huge cement bricks weighing 35 metric tons. The movement of these massive blocks is powered by wind or solar power plants and is a way to store the energy those plants generate. […]

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Microsoft in talks to invest in SoftBank’s second Vision Fund

Microsoft in talks to invest in SoftBank’s second Vision Fund SoftBank is said to be preparing the announcement of a $40 billion investment in its second Vision Fund, according to a new report from The Wall Street Journal. News of the mammoth investment comes after weeks of rumors the Japanese telecom giant […]

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WeWork accelerates IPO plans, plots September listing

WeWork accelerates IPO plans, plots September listing WeWork chief executive officer Adam Neumann is already rich, but soon all of the early employees and investors of the co-working giant will be too. The business, now known as The We Company, has accelerated its plans to go public, according to a new report […]

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SoftBank Vision Fund partner David Thevenon is coming to Disrupt Berlin

SoftBank Vision Fund partner David Thevenon is coming to Disrupt Berlin SoftBank Vision Fund has single-handedly changed the game when it comes to tech startup investment. And that’s why I’m excited to announce that SoftBank Vision Fund partner David Thevenon is joining us at TechCrunch Disrupt Berlin. Thevenon spent most of his […]

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Sony announces a new $185M fund to invest in tech startups

Sony announces a new 5M fund to invest in tech startups Sony is doubling down on the world of startup investment. The Japanese tech giant announced a new fund that is aiming to raise 20 billion JPY (around $185 million) to invest in companies within “key high-growth industries.” While Sony launched a […]

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Grab raises more money — again

Grab raises more money — again Southeast Asia’s highest-capitalized startup is sitting on even more money from investors today after ride-hailing Grab announced it has raised $300 million from Invesco. The deal takes Singapore-based Grab $7.5 billion raised to date. The money is part of its ongoing — feels-like-everlasting — Series H […]

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