Launched in 2017 by SoftBank founder Masayoshi Son as a $100B vehicle, by far the largest technology fund ever raised, anchored by Saudi Arabia's PIF and Abu Dhabi's Mubadala, and managed from London by SB Investment Advisers. Vision Fund 2 followed in 2019 with SoftBank's own capital.
Mega-checks into perceived category winners to accelerate "winner take all" dynamics; famously willing to fund blitzscaling at valuations others would not.
Consumer platforms, fintech, logistics, AI, semiconductors
Uber, WeWork, ARM, DoorDash, Coupang, ByteDance, OYO, Grab
Coupang IPO, DoorDash IPO, Uber IPO, ARM re-listing (2023)
Masayoshi Son reportedly secured the $45B Saudi anchor commitment in a 45-minute meeting, which he described as "$1 billion per minute".
| Company | Rounds | Invested |
|---|---|---|
| Wayve Mobility | 1 round, 1 led | $1.5B |
| Swiggy E-Commerce | 1 round, 1 led | $1.2B |
| Revolut Fintech | 1 round, 1 led | $800M |
| CMR Surgical Healthtech | 2 rounds, 2 led | $765M |
| SambaNova Systems Hardware | 1 round, 1 led | $676M |
| Emeritus EdTech | 1 round, 1 led | $650M |
| AlphaSense ai_ml | 1 round | $650M |
| Klarna Fintech | 1 round, 1 led | $639M |
| Rimac Group Mobility | 1 round, 1 led | $500M |
| Jobandtalent HR Tech | 1 round, 1 led | $500M |
| Forto Logistics | 2 rounds, 1 led | $470M |
| Tier Mobility Mobility | 2 rounds, 2 led | $450M |
| ConsenSys Web3 | 1 round | $450M |
| Weee! E-Commerce | 1 round, 1 led | $425M |
| Contentsquare SaaS B2B | 1 round | $393M |
| Carro Marketplace | 1 round, 1 led | $360M |
| PrimaryBid Fintech | 2 rounds, 2 led | $340M |
| Gousto FoodTech | 2 rounds, 2 led | $338.2M |
| GoStudent EdTech | 2 rounds | $337M |
| ElasticRun E-Commerce | 1 round, 1 led | $330M |
| Biofourmis Healthtech | 1 round | $300M |
| Remote HR Tech | 1 round, 1 led | $300M |
| Funding Societies Fintech | 2 rounds, 2 led | $288M |
| Zopa fintech | 1 round, 1 led | $260.8M |
| Oda E-Commerce | 1 round, 1 led | $253M |
| Gelato E-Commerce | 1 round | $240M |
| Cato Networks Cybersecurity | 1 round | $238M |
| Robotic Research Robotics | 1 round, 1 led | $228M |
| Clearco Fintech | 1 round, 1 led | $215M |
| Vestiaire Collective Marketplace | 1 round, 1 led | $210M |
| Andela HR Tech | 1 round, 1 led | $200M |
| 360Learning EdTech | 1 round, 1 led | $200M |
| CoachHub hr_tech | 1 round, 1 led | $191M |
| Sendcloud Logistics | 1 round, 1 led | $177M |
| Riiid EdTech | 1 round, 1 led | $175M |
| Blockdaemon Web3 | 1 round, 1 led | $155M |
| JAKA Robotics Robotics | 1 round, 1 led | $150M |
| Firework E-Commerce | 1 round, 1 led | $150M |
| Aidoc Healthtech | 1 round | $150M |
| Zum Mobility | 1 round | $140M |
| Improbable Web3 | 1 round, 1 led | $138.1M |
| Envelop Risk InsurTech | 1 round, 1 led | $130M |
| Esusu Fintech | 1 round, 1 led | $130M |
| Leyden Labs Biotech | 1 round | $124.2M |
| DICE Media | 1 round, 1 led | $122M |
| Adverity SaaS B2B | 1 round, 1 led | $120M |
| eobuwie.pl E-Commerce | 1 round, 1 led | $110.9M |
| Mofa Technology AI | 1 round, 1 led | $110M |
| TravelPerk SaaS B2B | 1 round, 1 led | $104M |
| Sendoso SaaS B2B | 1 round, 1 led | $100M |
| Perplexity AI AI | 1 round | $100M |
| Vivid Money Fintech | 1 round | $100M |
| Lumicks Biotech | 1 round | $93M |
| The Sandbox Gaming | 1 round, 1 led | $93M |
| Proximie Healthtech | 1 round | $76.3M |
| Clikalia PropTech | 1 round, 1 led | $75M |
| Permutive AdTech | 1 round, 1 led | $75M |
| Emergent DevTools | 1 round, 1 led | $70M |
| Elliptic Web3 | 1 round, 1 led | $60M |
| Atom Learning EdTech | 1 round, 1 led | $25M |