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SoftBank was behind four of the five biggest venture capital deals last quarter

It’s raising the stakes in Silicon Valley.

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.

Chart: Top five biggest venture capital deals in Q3 2017

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.