SoftBank Vision Fund 2 led a series C-1 round for the irregular produce marketplace that lifted its overall funding to nearly $527m and valued it at $2bn.

US-based online supermarket operator Misfits Market secured $225m yesterday in a series C-1 round led by SoftBank Vision Fund 2, a corporate venturing vehicle for internet and telecommunications group SoftBank.

Venture capital firm Accel also took part in the round, which valued the company at $2bn, briinging its total funding to almost $527m. Lydia Jett, founding partner of the SoftBank’s Investment Advisers subsidiary that oversees the Vision Funds, will join Misfits Market’s board of directors.

Founded in 2018, Misfits Market…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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