Vision Fund

Founded

2017

Founder

Masayoshi Son

Key Sectors

Artificial Intelligence, Robotics, Frontier Tech, Consumer, Financial

Investment Strategy

Power law investing

Parent Organization

SoftBank Group

Vision Fund 1 Capital

$93 billion

Vision Fund 2 Capital

$56 billion

Assets Under Management

$166 billion (as of 2025)

2017-01-01

2019-02-01

2019-01-01

2020-05-01

2022-03-31

2024-02-15

The SoftBank Vision Fund, founded in 2017 by Masayoshi Son, is one of the world’s largest technology investment funds. With $166 billion in assets under management as of 2025, it has invested in 332 companies across AI, robotics, and other advanced technologies. While performance has been mixed, recent quarters have shown positive results, and the fund is pivoting towards major AI investments. Notably, the fund’s strategic shift towards AI is driven by the increasing market potential and [...] The SoftBank Vision Fund, founded by Masayoshi Son, the CEO of SoftBank Group, in 2017, is one of the largest technology investment funds globally. The fund was established with the goal of investing in technology companies, particularly those in artificial intelligence, robotics, and other advanced fields. Initially, the Vision Fund raised $93 billion, with significant contributions from investors such as Saudi Arabia’s Public Investment Fund, Mubadala Investment Company of the UAE, Apple, [...] Vision Fund 2 (SVF2), established in 2019, has approximately $56 billion in committed capital, with SoftBank Group being the primary investor alongside contributions from the company’s management. This fund focuses on AI-driven companies and later-stage technology investments. The sector allocation for SVF2 includes 50% in technology, 25% in consumer, 10% in financial, 10% in healthcare, and 5% in other sectors. The evaluation criteria for AI-driven companies by Vision Fund 2 include market

SoftBank Vision Fund is managed by SoftBank Investment Advisers and SoftBank Vision Fund 2 is managed by SoftBank Global Advisors. Both are subsidiaries of the SoftBank Group. The firm has an investment team that will evaluate and select companies for the funds to invest in. Investments made mostly are either venture capital or private equity type ones. Most of the investments in Silicon Valley companies have been more than $100 million. [...] price. At the time, the Vision Fund recorded a $3.3 billion return on its Nvidia investment. The fund's February 2019 closeout of its Nvidia position preceded the AI boom and Nvidia's rapid transformation into one of the world's most valuable companies. By June 2024, the market value of those shares had exceeded $150 billion, causing Son to publicly remark that "the fish that got away was big". [...] confidence in the Vision Fund fell. In May 2020, Softbank announced the Vision Fund lost $18 billion leading to 15% of the fund's 500 staff being laid off. As a result, the Vision Fund 2 raised less than half of its $108 billion goal with all of it being funded by Softbank itself after failure to secure commitments from external investors.

In the fiscal first quarter, SoftBank said the value of its Vision Funds rose $4.8 billion. It is the biggest gain in value for the Vision Fund since the June quarter of 2021. Profit for the Vision Funds segment, which takes into account other factors like expenses, hit 451.4 billion yen in the quarter, versus a loss in the same period last year. [...] SoftBank said that the rise of the value of the Vision Fund was helped by gains at public companies such as ride-hailing firm Grab, as well as Indian food delivery firm Swiggy. The performance was also aided by private investments in some of firms in India in which the fund has a position. [...] The Vision Fund performance will be welcomed by investors hoping to see those big AI bets start to pay off. watch now VIDEO0:5500:55 SoftBank posts a $4.8 billion gain on its Vision Fund Squawk Box Europe

SoftBank Vision Fund 2 has continued to make strong progress. With 208 new investments in fiscal 2021, SoftBank Vision Fund 2 now has more than 250 portfolio companies. At $56.0 billion in commitments, it is now the second largest technology fund in the world. Our focus on making smaller investments, partnering at earlier stages, and ensuring geographic and sector diversification should serve shareholders well. [...] With the subsequent launch and expansion of SoftBank Vision Fund 2 and the integration of SoftBank Latin America Funds, our global capabilities have substantially expanded. Today, the platform oversees $175 billion in assets via a team of seasoned investment and functional experts working in 14 key geographies around the world. [...] March 31, 2022, 58% of SoftBank Vision Fund 1’s assets were in exited or publicly listed positions. This has enabled our capital markets team to continue to monetize these positions, and we have now distributed $38.7 billion to our LPs, a remarkable feat within five years of the fund’s launch.