Benchmark’s $2B Growth Fund Pivot: A High-Stakes Bet on AI and Late-Stage Tech
Benchmark's first-ever growth fund marks a strategic shift in its investment strategy, signaling a focus on scaling companies and tech growth potential.
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SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo, that focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.
SoftBank has invested in OpenAI.
Masayoshi Son is the CEO of SoftBank.
Benchmark's first-ever growth fund marks a strategic shift in its investment strategy, signaling a focus on scaling companies and tech growth potential.
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