<article>Japan’s <a href="https://www.dealstreetasia.com/?s=SoftBank Corp" target="_blank" rel="noopener">SoftBank Corp</a> plans to lead another investment round in <a href="https://www.dealstreetasia.com/?s=Katerra" target="_blank" rel="noopener">Katerra</a> that would value the California-based construction company at more than $4 billion, the Information reported on Monday.</article>

Japan’s <a href="https://www.dealstreetasia.com/?s=SoftBank Corp" target="_blank" rel="noopener">SoftBank Corp</a> plans to lead another investment round in <a href="https://www.dealstreetasia.com/?s=Katerra" target="_blank" rel="noopener">Katerra</a> that would value the California-based construction company at more than $4 billion, the Information reported on Monday.
The $700 million investment will be led by SoftBank’s Vision Fund and will pull Katerra’s total equity capital past $2 billion, the Information reported, citing people familiar with the matter.
Katerra declined to comment on the matter, while SoftBank was not immediately available to comment.
SoftBank’s technology-focused Vision Fund has multi-billion-dollar investments in U.S. companies, including WeWork and Uber.
Last year, SoftBank had also led Katerra’s $850 million Series D round of financing.
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Reuters

The $700 million investment will be led by SoftBank’s Vision Fund and will pull Katerra’s total equity capital past $2 billion.

Japan's SoftBank to lead $700m funding in Katerra, valuation to touch $4b

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Japan's SoftBank to lead $700m funding in Katerra, valuation to touch $4b

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