Deals
SoftBank Said to Plan Investment in Horowitz-Backed Improbable
- Talks about London-based virtual reality startup in progress
- Deal comes as SoftBank finalizes $100 billion Vision Fund
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SoftBank Group Corp. is close to an investment in Improbable Worlds Ltd., a London-based virtual reality startup backed by U.S. venture capitalist Andreessen Horowitz, people familiar with the matter said.
An agreement may be reached as soon as this week, according to the people, who asked not to be identified because the discussions are private. It’s unclear how large a stake SoftBank would buy, and no final decisions have been made, they said.