SoftBank's Vision Fund 2 invests $160m in babywear e-commerce platform PatPat

Photo by Jamie Coupaud on Unsplash

SoftBank’s Vision Fund 2 has invested $160 million in PatPat, a global e-commerce website that sells baby and matching family outfits, barely a month after the startup raised $510 million from Chinese investors.

The investment, which is a Series D2 round in PatPat, brought the firm’s total fundraising amount to over $700 million, Chinese investment firm Index Capital announced on Tuesday. Index Capital served as the exclusive financial advisor to the deal.

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