Cadre, the real estate technology startup co-founded by White House senior adviser Jared Kushner, is reportedly seeking an investment of at least $100m
SoftBank Vision Fund
Japanese entrepreneur
A $200bn question: can tech swallow another Son mega fund?
For the first Vision Fund, most contributions came from sovereign wealth funds in Saudi Arabia and the UAE
Masayoshi Son
SoftBank said to plan second $100bn tech fund
Planned fund would likely draw a wider pool of investors than the first one, in which most of the contributions came from sovereign wealth funds in Saudi Arabia and the UAE
clean energy
Video: A look at Saudi Arabia’s $200bn ambitions to develop the globe’s biggest solar power project
In a research lab, Saudi engineers whip up a simulated sandstorm to test a solar panel’s durability, part of the oil-rich kingdom’s multibillion dollar quest to be a renewable energy powerhouse.
Electricity
Saudi’s $200bn solar park to include largest utility-scale battery ever made
Project is 100 times larger than any other proposed in the world
Crown Prince Mohammed bin Salman
Saudi Arabia, Softbank, sign $200bn deal to build world’s largest solar park
Project will create as many as 100,000 jobs and shave $40 billion off power costs, according to SoftBank founder Masayoshi Son
Bitcoin
Crypto insiders sit out Telegram’s bid for record $2bn ICO
Dubai-based company’s ICO has attracted major investors with its $2 billion target
Auto1
Abu Dhabi, Saudi-backed Vision Fund said to invest in Germany’s Auto1
The online marketplace is the second most valued start-up in Europe
Anti-corruption
Saudi purge could mean more SoftBank investments
Saudi purge could mean more SoftBank investments
Khaldoon Al Mubarak
Mubadala seeks additional tech investment in Softbank Vision Fund
CEO Khaldoon Al Mubarak says Mubadala is looking into AI, ride-sharing and virtual reality investments
Crown Prince Mohammed bin Salman
SoftBank planning up to $25bn in Saudi investments
SoftBank will deploy $15 billion in the new Saudi city called Neom, and $10bn in state-controlled Saudi Electricity Co, according to sources
National Transformation Program
Saudi PIF, Softbank sign solar energy agreement
The MoU with the SoftBank Vision Fund will see the development of a 3-GW solar energy capacity in 2018