SoftBank was behind four of the five biggest venture capital deals globally in the third quarter of 2017, according to a new report by PwC and CB Insights.
SoftBank, both with other investors and with its $100 billion Vision Fund, invested $6.2 billion last quarter in Grab, WeWork, Flipkart and Roivant. The Japanese investment firm has been raising the stakes in Silicon Valley with its enormous infusions of cash.
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In general, venture capitalists are spending more money on fewer deals, as companies stay private longer and need more late-stage funding.
This article originally appeared on Recode.net.
