Softbank Ventures Asia

Founded 2000

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 131
Average round size
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The average size of a deal this fund participated in
$18M
Portfolio companies 110
Rounds per year 6.24
Lead investments 30
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.28
Exits 21
Key employees 3
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity
Seed

Areas of investment

  • Software
  • Artificial Intelligence
  • Information Technology
  • Internet
  • Machine Learning
Summary

Softbank Ventures Asia appeared to be the VC, which was created in 2000. The company was established in Asia in South Korea. The main office of represented VC is situated in the Seoul.

Among the various public portfolio startups of the fund, we may underline Tokopedia, Socar, Sendo The fund has no exact preference in some founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - South Korea. We can highlight the next thriving fund investment areas, such as Apps, Gaming. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Softbank Ventures Asia, startups are often financed by Golden Gate Ventures, East Ventures, Samsung Ventures. The meaningful sponsors for the fund in investment in the same round are Stonebridge Capital, Samsung Ventures, Golden Gate Ventures. In the next rounds fund is usually obtained by Mirae Asset Venture Investment, Golden Gate Ventures, Formation 8.

The fund is generally included in 2-6 deals every year. This Softbank Ventures Asia works on 21 percentage points less the average amount of lead investments comparing to the other organizations. The usual things for fund are deals in the range of 10 - 50 millions dollars. The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. The increased amount of exits for fund were in 2017. The average startup value when the investment from Softbank Ventures Asia is 100-500 millions dollars. Considering the real fund results, this VC is 26 percentage points more often commits exit comparing to other organizations.

The overall number of key employees were 3.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Softbank Ventures Asia:
Typical Co-investors
Softbank Ventures Asia is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Softbank Ventures Asia:

Funds with similar focus

Funds from South Korea, Seoul
Funds with similar focus located in South Korea, Seoul:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

OPay

Financial Services
FinTech
Mobile Apps
Mobile Payments
Payments
1
$400M23 Aug 2021 Ikeja Lagos Nigeria

Neolix

Information Technology
Manufacturing
Mobile Devices
1
18 Aug 2021 Beijing China Dongcheng District

Karrot Market

Communities
Local Advertising
Marketplace
Social Network
1
$162M17 Aug 2021 South Korea, " South Korea"}

Mabang ERP

Enterprise Resource Planning (ERP)
Information Technology
Software
1
$30M11 Aug 2021 China, Minhang District

SODA

E-Commerce
Marketplace
Retail
1
$56M29 Jul 2021 Japan, Chiyoda

VoyagerX

Artificial Intelligence
Software
1
$26M23 Jun 2021 South Korea, Seocho

Mathpresso

Artificial Intelligence
EdTech
Education
Information Technology
Machine Learning
Q&A
1
$50M21 Jun 2021 Gyeonggi-do South Korea

Youibot

Autonomous Vehicles
Big Data
Information Technology
Mobile
Robotics
n/a
$15M06 May 2021 China Futian District Guangdong Province

Battery
Electronics
1
$8M14 Apr 2021 Gyeonggi-do South Korea
News
June Homes Raises $50M in Funding

– June Homes from New York is a proptech company.
– The company raised $50M in funding.
– The round was led by SoftBank Ventures Asia with participation from TQ Ventures, FJ Labs, K50, Reshape, Quiet Capital, Demi Lovato and Scott Belsky.
– The company intends to use the funds to accelerate expansion to other U.S. markets.

African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding

– Chinese-backed and Africa-focused fintech company OPay raised $400m funding.
– The round was led by SoftBank Vision Fund 2 and joined by existing investors Sequoia Capital China, Redpoint China, Source Code Capital and SoftBank Ventures Asia.
– Other investors, including DragonBall Capital and 3W Capital, also took part in the new financing round.

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