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Predictions for 2019 #3: Semicorns?

$500 million+ rounds become a thing

Softbank Vision Fund has mostly set its eyes on the US, but it has also been active in Europe, leading giant $500 million+ rounds into Improbable and Auto1. As Europe produces more multibillion dollar companies to go with the 12 $5 billion+ companies that have been founded in the past 15 years and as more growth stage capital lines up to capture the European tech opportunity, we should expect $500 million+ rounds to become more common.