Investor · 3 deals
Every published round SoftBank took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies SoftBank has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for SoftBank, as distinct from the investments it has made.
Companies SoftBank has backed that another company then bought. An exit for the holding, not a deal SoftBank did.
Stories naming SoftBank. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
OpenAI now expects roughly $50bn in annual revenue, well short of what it told investors earlier; the report also recalls its huge March fundraiser, Anthropic's raise, and SoftBank's bond sale and AI spending.
Also cnbc.com·tech-insider.org
Analysis of OpenAI's completed $122 billion raise at an $852 billion post-money valuation, covering NVIDIA, Amazon and SoftBank participation, a bank credit facility, retail demand, and a delayed IPO plan.
Also forkast.news
Analysis of OpenAI's completed $122 billion raise at an $852 billion post-money valuation, examining its mix of vendor compute, contingent commitments, retail participation and debt, and arguing the company now operates as an infrastructure utility.
Also finance.yahoo.com
Analysis of OpenAI's record Series F close, its investor lineup, revenue climb, valuation scepticism, earlier rounds, employee share sales, and its path toward a possible public listing.
OpenAI has raised a record private financing of $110 billion, with Amazon, Nvidia and SoftBank investing, lifting its pre-money valuation sharply, alongside an expanded cloud partnership with Amazon Web Services.
Also cnbc.com·tech-insider.org·forkast.news·finance.yahoo.com·finance.yahoo.com·benzinga.com·The Guardian Australia - Technology
Travel giant Oyo's purchase of local rental manager MadeComfy tops $50 million; founders remain as co-CEOs, and the piece recalls earlier raises and rival sector deals.
Also Startup Daily·bwdisrupt.com·vrinsider.com·community.verified.realestate
Quantum computing firm SQC names Simon Segars as chair and Fiona Pak-Poy as director; the article also recalls its $83m seed round and $50.4m Series A.
Property management startup Different has gone into administration with KPMG after failing to raise new capital, despite backing from AirTree and CBA's venture arm; the piece also recalls the failures of Milkrun and Brosa.
Australian learning platform Go1 is buying Berlin's Blinkist to grow its corporate training offering; deal terms are undisclosed, though Blinkist backer Insight Partners is taking $30 million of Go1 equity alongside the purchase.
Also SmartCompany·Techboard
TechCrunch roundup: FTX fallout hits Nestcoin and SoftBank's stake, while Quix, Joepegs, Vow, Faraday Future and Butter raise, plus items on Twitter, VLC, DoorDash, Hulu, Google and Apple.
Also AgFunderNews
Roundup of design-sector startup funding covering recent raises by Picsart, LottieFiles, Gravity Sketch and Superside, plus Canva's standing, alongside Adobe's agreed multibillion-dollar purchase of Figma.
Banking SaaS firm Pismo has hired Simon Keys to lead business development across Oceania. The article also recalls the company's $108 million Series B, led by Amazon, SoftBank and Accel, in October 2021.
Also Crunchbase News·TechCrunch Venture·SmartCompany·Startup Daily·Tech Funding News - Australia·Techboard·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·edtechchronicle.com·go1.com·Crunchbase News·TechCrunch Venture
Preview of the Startup Daily TV podcast covering a bid against AGL's demerger, reproductive-rights tech policy, VC conversations, a fintech fund raise, and interviews with Skedulo, Good & Fugly and One Key Access founders.
Satirical awards column recalling 2021 business failures and wins: Hosking's Redbubble share sale, Greensill's collapse, GetSwift's downfall, Better.com's layoffs and funding, Moviepass's sale, and Digital World's Trump SPAC deal.
UK fintech Revolut announced an $800 million USD Series E round led by new investors SoftBank and Tiger Global, valuing the financial superapp at $33 billion USD as it plans expansion into India and the US.
Weekly roundup covering ANZ trade sales including A Cloud Guru's multibillion-dollar sale, several Australian raises, Tenacious Ventures' agritech fund close, Xero and Cochlear appointments, and global deals such as Etsy buying Depop.
Also SmartCompany
BigCommerce, a Sydney-founded e-commerce platform now based in Austin, listed on Nasdaq, raising US$216 million as its shares almost quadrupled on debut, valuing it near US$6.1 billion.
SoftBank-backed US online retailer Brandless shuts down. Also: IBM's big Slack deployment, an FBI supply-chain hacking alert, a journalist's Kindle data discovery, and NBN's half-year results.
Property platform Transactor raised a seed round, passed two billion dollars in transactions, and added Silicon Valley investors Adrian Salamunovic and Allan Cutler plus marketer Travis Lamont.
Tech roundup: Baron Cohen attacks social media platforms, Tesla's Cybertruck debut, cloud-kitchen startup Zoom's SoftBank backing, YBF's fintech diversity award winners, and Uber losing its London operating licence again.
Roundup covering SoftBank's takeover of WeWork, Facebook's misinformation labels, OpenLearning's planned ASX listing, Yume CEO Katy Barfield's award win, and new Australian space cooperation agreements.
Daily tech roundup covering WeWork's cash crisis, Airbnb handing host data to the tax office, an iPhone USB malware flaw, a government-funded RMIT research centre, and two fintechs entering Suncorp's incubator.
Tech roundup: WeWork pulls its US float, a listed VC writes down its Stackla stake, Investible closes its debut fund, NAB loses its cloud chief, and a payments firm's shares surge.
Analysis arguing WeWork's falling IPO valuation reflects SoftBank's preference-share protections, which its primary investment carried but its earlier secondary purchase of ordinary shares did not.
Indian hotel platform Oyo closed its Series E at $1.2 billion, with SoftBank leading, Didi Chuxing putting in $100 million and Grab just over US$100 million, valuing the company at $5 billion.
Parking app Kerb is wrapping up its seed round in late January 2019 and has begun a Maltese joint venture with Debono Group; the piece also recalls Softbank's ParkJockey and Amazon's ParkWhiz investments.