signal/raiseTrack rounds

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SoftBank Vision Fund 2

Focus: Mobility & logistics, Healthtech & bio

SoftBank Vision Fund 2 took part in 2 of the startup funding rounds we tracked in 2026, leading or co-leading 1 worth $1.2bn. By money raised, its biggest sectors were Mobility & logistics and Healthtech & bio. The largest was Wayve's $1.2bn Series D+ round. The most recent was Encoded Therapeutics's Series D+ round in September 2026.

Deployed as lead$1.2bn

Rounds led1

Rounds joined2

Largest round$1.2bn

Rounds led (1)

WayveSeries D+ · Mobility & logistics · London · 25 Feb$1.2bn

Also invested (1)

Encoded TherapeuticsSeries D+ · Healthtech & bio · South San Francisco · 9 Sep$275m

By sector

Mobility & logistics$1.2bn Healthtech & bio$275m

By stage

Series D+$1.48bn

Co-investors

GV1 round ARCH Venture Partners1 round Invus1 round Janus Henderson Investors1 round RTW Investments1 round Eclipse1 round Balderton1 round Ontario Teachers' Pension Plan1 round Baillie Gifford1 round British Business Bank1 round