Synopsis
SoftBank s Vision Fund has seen a number of recent changes among its senior roles after making a flurry of hires following its debut in 2017
ETtech
SoftBank Group Corp s Vision Fund is hiring the head of Microsoft Corp s venture capital business as managing partner, the first major addition to the investment arm following a spate of departures.
Nagraj Kashyap, the outgoing global head of Microsoft’s M12 fund, will join the Vision Fund in the U.S., according to a statement from SoftBank. Bloomberg reported the move earlier on Monday.
The Vision Fund has seen a number of recent changes among its senior roles after making a flurry of hires following its debut in 2017. Managing partner Colin Fan is leaving his role to become an adviser to SoftBank Investment Advisers and Jeff Housenbold, the managing partner involved in bets on startups including DoorDash Inc. and dog-walking app Wag, is also leaving.
Press release content from Business Wire. The AP news staff was not involved in its creation.
LottieFiles Raises $9 Million in Series A Round Led by Microsoft’s M12 Venture Fund
January 27, 2021 GMT
Kshitij Minglani, CEO (L) and Nattu Adnan, CTO (R) (Photo: Business Wire)
KUALA LUMPUR, Malaysia & SAN FRANCISCO (BUSINESS WIRE) Jan 27, 2021
LottieFiles, the leading community platform for designers and developers who create motion graphics using the new Lottie file format, announced a Series A investment of $9 million, led by M12, Microsoft’s Venture Fund, with participation from existing investor 500 Startups. Other investors in the company include Adobe.
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