Investments · Construction technology
SoftBank Vision Fund leads $865 million round in construction startup Katerra
- Investor
- SoftBank Group (via SoftBank Vision Fund) (Tokyo)
- In
- Katerra, Menlo Park, California
- Value
- $865M Series D
- Status
- Completed (first close) in January 2018.
- Date
- 2018-01-24
SoftBank Group's Vision Fund led an $865 million Series D round in Katerra, a Menlo Park, California-based construction technology company. The round valued Katerra at more than $3 billion.
Why it matters
The round showed the Vision Fund putting large sums into US companies seeking to change traditional industries such as construction.
Sources
Kakehashi M&A News home
