SoftBank Launches Second Vision Fund With $2.5 Billion Investment: Report

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SoftBank Launches Second Vision Fund With $2.5 Billion Investment: Report
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The world’s biggest technology investor is struggling to attract investors for its second Vision Fund.

... [+]In a bid to win more backers for its second Vision Fund, SoftBank has pumped $2.5 billion of its own cash into new investments, as it hopes to restore its money-making track record amid lower-than-expected investor interest, ReutersThe Japanese technology conglomerate has since October poured $2.5 billion of its own capital into start-ups, and is also considering investing another $2.

The latest investment comes as SoftBank struggles to attract new backing for the launch of its Vision Fund II, which last week wasSoftBank’s first Vision Fund took a

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