Where SoftBank has invested its money

It seems like each week brings new investments for SoftBank’s mammoth Vision Fund. We’re keeping track.

Led by Recode 100 honoree Masayoshi Son, the Japanese company has changed the landscape of venture capital, making it both a hero (to startups) and a villain (to other venture capitalists). Last year, SoftBank was involved in more than half of the top 10 biggest investments in VC-backed startups.

Longtime Silicon Valley hands are still aghast that an investing firm can find a way to pour $100 billion into technology companies like SoftBank’s Vision Fund hopes to do.

But the Japanese conglomerate disclosed late Tuesday that its giant investing fund had already invested just under 40 percent of its pool of cash. That should quiet some critics who say it is impossible to spend that much money that quickly.

The dog-walking company Wag is replacing its CEO as it prepares to accept an investment from SoftBank that would offer the Japanese investor substantial control in the startup.

Wag said on Tuesday that Hilary Schneider, an experienced executive who most recently led LifeLock, would replace the company’s co-founder, Josh Viner, as its CEO. Viner’s departure as CEO comes as Wag accepts $300 million in an unusual deal that is expected to give the SoftBank Vision Fund a 45 percent stake in the company.

Indian ride-hail player Ola is charting foreign waters for the first time since it was founded seven years ago. In a move signaling its intent to expand into Australia, Ola began recruiting drivers in Sydney, Melbourne and Perth today.

This will be the second market in which Ola will be going head to head against Uber. But in India, Ola has long touted its home-field advantage over its aggressive competitor, often attributing its ability to expand geographically and the services it offers to the company’s acute understanding of the nuances of the market. Japan’s SoftBank is an investor in both companies.

SoftBank is unexpectedly pumping a massive amount of money into Katerra, a U.S. company trying to improve the speed and lower the cost of construction projects.

SoftBank’s Vision Fund, the $100 billion technology investing vehicle, said it was leading a $865 million round into the company, which is now valued at over $3 billion including the new cash. It is another example of SoftBank pumping a company with way more money than it recently raised; the company’s last major financing round was less than a year ago when it took in $160 million.

SoftBank is reportedly looking into a plan that would use two of its assets — its ownership in British semiconductor company Arm Holdings and Uber — as collateral to take on loans that SoftBank could then use to invest more money in tech.

It’s a risky plan, since it depends on the value of the company’s holdings in Arm and Uber to not tank. But SoftBank’s chief executive Masayoshi Son has had no qualms about taking on mountains of debt in order to finance expansion. And he is nothing if not cocksure in his ability to see the future.

SoftBank and its co-investors have successfully acquired 18 percent of Uber, a major victory for Uber’s new CEO and one that will give billions of dollars in cash to some of the company’s earliest investors and employees.

SoftBank is slated to own 15 percent of Uber’s shares, according to a person with knowledge of the transaction, and SoftBank’s co-investors will own just under 3 percent of the company.

The Japanese giant SoftBank is preparing to invest around $300 million into the food delivery startup DoorDash, according to sources familiar with the deal.

The investment would be the latest big bet from SoftBank’s Vision Fund, a $98 billion pool of cash that is striking massive deals in some of Silicon Valley’s flashiest companies.

SoftBank — the Japanese conglomerate that is already upending Silicon Valley finance with its existing $93 billion Vision Fund — is in early planning discussions to raise a second and possibly larger fund, multiple sources tell Recode.

SoftBank CEO Masayoshi Son wants to raise a supplemental technology investing pool that would compliment the massive Vision Fund, according to these sources, which has made bold and sometimes controversial investments across the tech sector over the last year.