SoftBank Vision Fund
The largest tech fund ever raised — and a market force.
Crossover & Growth Co-InvestorsFirmGlobal
Target market
Late-stage companies raising $100M+ rounds
Geography
Global
Overview
SoftBank's Vision Fund 1 raised $98.6 billion in 2017 — the largest technology fund in history, anchored by Saudi Arabia's PIF and Abu Dhabi's Mubadala — and was followed by Vision Fund 2, funded largely off SoftBank's own balance sheet. Its record spans Coupang and DoorDash wins alongside the WeWork writedown; when it leads a portfolio company's round, it moves the valuation, the competitive set and the exit math all at once.
Key facts
- Vision Fund 1 raised $98.6B in 2017 — the largest tech fund ever
- Anchored by Saudi Arabia's PIF ($45B) and Mubadala
- Vision Fund 2 funded largely by SoftBank's own capital
- Wins include Coupang and DoorDash alongside the WeWork writedown