Honor Ventures aims to raise between $500m and $600m for investments in consumer tech startups.

SoftBank’s second, $30bn Vision Fund reportedly plans to invest $100m in a new fund started by Jeffrey Housenbold, former managing partner at telecommunications and internet group SoftBank’s first, near-$100bn Vision Fund, according to the Financial Times.

Honor Ventures aims to raise between $500m and $600m for investments in consumer tech startups, according to a presentation viewed by the Financial Times. This would make it one of the largest first-time venture funds at its targeted size.

Honor would look to…

James Mawson

James Mawson is founder and chief executive of Global Venturing.