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SoftBank, Saudi Arabia announce 1st round of capital commitments for record tech investment fund

Monday, May 22, 2017 - 05:50

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"SoftBank has long made bold investments in transformative technologies and supported disruptive entrepreneurs. The SoftBank Vision Fund is consistent with this strategy..." - SoftBank Group Corp founder Masayoshi Son

Tokyo

SOFTBANK Group Corp and Saudi Arabia formally announced the first round of capital commitments for the largest-ever technology investment fund, as founder Masayoshi Son seeks to accelerate his financing of cutting-edge technologies and startups.

More than US$93 billion has

sentifi.com

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