Softbank Vision Fund

Overview:

• SoftBank has launched its $100 billion Vision Fund.
• The Vision Fund has closed with an initial commitment of $93 billion.
• Investors include - Apple, Qualcomm, Mubadala Investment Company, Saudi Arabia's PID fund, Foxconn and Sharp.
• The fund will invest in $100 million or above deals.
• The fund has already been active with examples being Didi Chuxing $35 billion acquisition of Uber's China assets, SoftBank £389 million investment in Improbable and others.
• The announcement of the fund was coordinated alongside US President Donald Trump’s visit to the Middle East, where two of the Vision Fund’s key backers are located.

Katrin Kostadinova - Data analyst