SoftBank’s running list of deals show it’s the biggest, craziest investor in tech right now

SoftBank Pepper robot

Japanese tech giant SoftBank is announcing funding rounds in the hundreds of millions on an almost daily basis at the moment. 

The company — led by Masayoshi Son, Japan’s richest man — is making investments through the SoftBank Group and the $93 billion (£71 billion) SoftBank Vision Fund.

It has backed or bought a host of established tech firms such as Nvidia, WeWork, and ARM. It’s also backed less well-known startups like satellite internet firm OneWeb and farming startup Plenty. Most of the money has gone to companies in Europe, Asia, and North America. 

Here’s a running list of SoftBank’s investments, in chronological order:

Snapdeal – August 2015

Snapdeal is one of India’s biggest online shopping sites. It started as an online deals site but evolved into a wider marketplace, with thousands of sellers offering their wares to shoppers.

Founded: 2010

Founders: Kunal Bahl, Rohit Bansal

Size of SoftBank’s investment: $627 million (£478 million), participated in a later $500 million (£381 million) round

Total amount raised: $1.7 billion (£1.3 billion)

OneWeb – December 2016

OneWeb offers low-latency, high-speed broadband through a constellation of satellites. It promises to cut latency from 500 milliseconds to 20 milliseconds, similar to a fibre connection.

Founded: 2012

Founders: Greg Wyler

Size of Softbank’s investment: $1 billion (£760 million)

Total amount raised: $1.7 billion (£1.3 billion)

SoFi – February 2017

So-Fi is a US-based “alt-lender,” which started out in student refinancing loands and branched out into mortgage products in 2013. It’s also taking steps to becoming a fully fledged bank.

Founded: 2011

Founders: Michael Cagney, Ian Brady, Daniel Macklin, James Finnigan

Size of SoftBank’s investment: $1 billion (£760 million)

Total raised: $2.08 billion (£1.6 billion)

See the rest of the story at Business Insider

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