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SoftBank s Vision Fund reports $2 billion profit in Q1

The Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such as Chinese ride-hailing firm Didi Global Inc and “Uber for trucks” startup Full Truck Alliance Co Ltd

Class Technologies raises $105m round led by SoftBank Vision Fund 2

Class Technologies raises $105m round led by SoftBank Vision Fund 2 REUTERS/Issei Kato July 29, 2021 Class Technologies Inc, which makes tools for Zoom Video Communications Inc’s platform to enhance online classes, said on Wednesday it raised $105 million in a funding round led by SoftBank Group Corp’s Vision Fund 2. The ed-tech start up was born during the pandemic as co-founder and CEO Michael Chasen saw the challenges of Zoom classes from his three children in public school. Chasen started his first education software business over 20 years ago called Blackboard, Inc. so was able to quickly get the company started with previous engineers he partnered with and big name investors.

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