Energy Vault raises $110 million from SoftBank Vision Fund as energy storage grabs headlines

Imagine a moving tower made of huge cement bricks weighing 35 metric tons. The movement of these massive blocks is powered by wind or solar power plants and is a way to store the energy those plants generate. Software controls the movement of the blocks automatically, responding to changes in power availability across an electric […]

WeWork reveals IPO filing

WeWork, now known as The We Company, released its IPO prospectus Wednesday morning months after filing confidentially to go public. Backed by billions by SoftBank and its monstrous Vision Fund, the exit is expected as soon as next month. The New York-based company, valued at $47 billion earlier this year, has long been rumored to […]

WeWork reveals IPO filing

WeWork, now known as The We Company, released its IPO prospectus Wednesday morning months after filing confidentially to go public. Backed by billions by SoftBank and its monstrous Vision Fund, the exit is expected as soon as next month. The New York-based company, valued at $47 billion earlier this year, has long been rumored to […]

Last chance for early-bird tickets to TC Sessions: Enterprise 2019

It’s down to the wire folks. Today’s the last day you can save $100 on your ticket to TC Sessions: Enterprise 2019, which takes place on September 5 at the Yerba Buena Center in San Francisco. The deadline expires in mere hours — at 11:59 p.m. (PT). Get the best possible price and buy your early-bird ticket […]

SoftBank-backed Fair taps three executives to lead vehicle subscription app expansion

Fair, the vehicle subscription startup backed by SoftBank, is loading its executive team with veterans in the tech, venture and automotive industries as it seeks to build out its Uber leasing program and expand beyond North America. Fair.com today announced three key hires to lead the development of its car subscription app, financing department and […]

Microsoft and the second Softbank Vision Fund as another play for corporate cloud dominance

It looks like the return of Softbank’s Vision Fund may be less reliant on murder money and more reliant on Microsoft’s money-making machine for its backing. The rumored involvement of Microsoft in financing Softbank Vision Fund II (electric boogaloo?) is interesting for what it may indicate about how the relationship between venture investors, startups, and […]