Vision fund articles
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SoftBank sells off Vision Fund assets as Son pivots to AI, chips
SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi Son’s shift away from the venture capital deals that were once an obsession and toward strategic investments in semiconductors and artificial intelligence.Since the end of 2021, the world’s biggest startup fund has seen its US-listed portfolio shrink by almost $29 billion, as it sold down stakes in companies such...
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startup funding: ETtech Deals Digest: Startup funding falls 30% on year to $73 million this week
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
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Go Desi funding: Ice popsicles maker Go Desi raises $5 million in funding led by Aavishkaar Capital
Bengaluru-based packaged foods startup Go Desi on Thursday said it has raised Rs 41 crore (about $4.9 million) in equity investment from Aavishkaar Capital.This marks the seventh investment from the Aavishkaar India Fund VI, a $150-million vehicle investing across impact sectors such as financial inclusion, sustainable agriculture, climate, consumer and healthcare in India.The Series B round also saw participation from existing investors Rukam Capital, Roots Ventures and DSG Consumer, as per a...