Vision Fund, the venture arm of the Japanese SoftBank, has turned into one of the biggest players in tech investing worldwide. Backed up by a Saudi main sovereign wealth fund, Vision Fund, invested over USD 93 billion in technology sectors such as artificial intelligence and robotics in the past year.
The last biggest investment included additional USD 3 billion in the shared working space provider WeWork. Earlier this year, the Vision Fund injected USD 114 million in Brain Corp., a startup working on technology to assist robots in navigating around obstacles.
The indoor farming company Plenty is also part of the Saudi backed Vision Fund. It received USD 200 in funding in what they called the largest agriculture technology investment in history.
Vision Fund also turned into the biggest investor in the Indian e-commerce giant Flipkart. In addition to that Vision Fund has also acquired some of the SoftBank investments as well. For instance, it recently got a USD 5 billion stake in the chip maker Nvidia. Further to that, the acquired a USD 8 billion share in the British chip maker ARM, which SoftBank acquired last year.