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SoftBank eyes $100 bn for new tech fund with Saudis

Japanese mobile carrier SoftBank said Friday it hoped to raise as much as $100 billion for a new technology investment fund it has set up in partnership with Saudi Arabia.
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SoftBank Group Launches Investment Fund

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SoftBank Group Corp. said it is planning to invest in the technology sector through a fund that the Japanese internet and telecommunications conglomerate aims to make among the largest of its kind in the world.

Softbank sets up technology fund with $100 billion potential

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TOKYO (AP) — Japanese telecommunications and internet company Softbank Group Corp. is setting up a $25 billion private fund for technology investments that has the potential of growing to $100 billion.

SoftBank and Saudi Arabia Partner to Form Giant Investment Fund

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The fund, worth possibly $100 billion, would seek out promising technology companies worldwide.

Softbank's New $100B Tech Fund Shows Exactly How It's Expanding Beyond Telco

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The revelation that Softbank is planning a $100 billion tech fund with the Saudi Arabian government is a big announcement in and of itself. It will be one of the biggest tech investment funds in existence.

Saudi Arabia and SoftBank plan $100 billion tech investment fund

Technology : Venture Beat

(Reuters) – Saudi Arabia and Japan’s SoftBank said they will create a technology investment fund that could grow as large as $100 billion, aiming to create one of the world’s largest private equity funds. The plan is part of a serie...


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