Tuesday, December 12, 2017

What You Need To Know About Softbank’s $100 Billion Vision Fund

The fund is backed by SoftBank and Saudi Arabia’s Public uInvestment Fund (PIF), the new fund’s investors include Abu Dhabi’s Mubadala Investment, which has committed $15 billion, Apple, Qualcomm, Taiwan’s Foxconn Technology and Japan’s Sharp Corp.

See: What You Need To Know About Softbank’s $100 Billion Vision Fund

Luggage Startup Away Raises $20 Million

Away, a luggage maker based in New York, has raised $20 million in Series B funding. Past investors participated again, including Forerunner Ventures, Accel Partners (who led Away’s Seed round), and Global Founders Capital (who led Away’s Series A), and Comcast Ventures.

See: Luggage Startup Away Raises $20 Million: Travel Startup Funding This Week – Skift