Category: SoftBank Group

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Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank

Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners . Sophia is also the co-founder of LatAm List, an English-language Latin American tech news… Read more »

Latin America roundup: SoftBank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes

Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source…. Read more »

Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million

Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round… Read more »

Advocating reform, activist investor Elliott Management takes a $2.5B stake in SoftBank

The activist investment firm Elliott Management has steadily amassed a $2.5 billion stake in the headline-grabbing, Japanese technology conglomerate SoftBank even as a series of missteps battered the company’s share… Read more »

SoftBank pumps $2B into Indonesia through new Grab investment, putting it head to head with Gojek

Grab — the on-demand transportation app that is the Uber of Southeast Asia — today announced yet another investment on top of the $7 billion that it has raised to date…. Read more »

Startups Weekly: SoftBank’s second act

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up… Read more »

Microsoft and the second Softbank Vision Fund as another play for corporate cloud dominance

It looks like the return of Softbank’s Vision Fund may be less reliant on murder money and more reliant on Microsoft’s money-making machine for its backing. The rumored involvement of… Read more »

Fintech in Latin America continues to draw big dollars as Softbank invests $231 million in Creditas

As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services. As wealth… Read more »

Slack’s value rockets as stock closes up 48.5% in public debut

It was a historic day for Slack (NYSE: WORK). The workplace communication software juggernaut debuted on the New York Stock Exchange up 48% at $38.50 per share after reports emerged… Read more »

Grab is talking to Ant Financial and PayPal about spinning out its financial services business

Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of its… Read more »

Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

Where to begin… Netflix darling Marie Kondo is hitting up Sand Hill Road in search of $40 million to fund an ecommerce platform, Y Combinator is giving $150,000 to a… Read more »

India’s Ola spins out a dedicated EV business — and it just raised $56M from investors

Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit… Read more »

Exclusive: health officials put forward plan last month to stem soaring coronavirus deaths Coronavirus – latest updates See all our coronavirus coverage Public health officials proposed a radical lockdown of… Read more »




London-based Greyparrot, which uses computer vision AI to scale efficient processing of recycling, has bagged £1.825 million (~$2.2M) in seed funding, topping up the $1.2M in pre-seed funding it had… Read more »