SoftBank eyeing cultured meat as part of its Vision Fund 2
According to insider intel, Japanese multinational conglomerate SoftBank Group Corp. is teeing up investments for the successor to its Vision Fund—the world’s biggest technology investment fund, including potentially in lab-grown meat (and Blue Horizon portfolio) company Memphis Meats.
The next iteration of SoftBank’s first $100 billion fund, is called Vision Fund 2. SoftBank is still in the process of raising money for the new fund, and has said it expects it to be even larger than the first. It’s in talks also to back a pharmaceutical delivery startup and a company focused on robotic burger-making.