The building services provider is lining up a $700m round that looks set to be led by SoftBank Vision Fund, valuing it at more than $4bn.

Vision Fund, the large-scale growth equity fund managed by telecommunications firm SoftBank, is set to lead a $700m funding round for US-based construction services provider Katerra, The Information reported yesterday.

The round would value Katerra at more than $4bn, up from a post-money valuation of more than $3bn in its last round, according to people familiar with the matter.

Katerra provides construction services ranging from architecture and building design to the supply of building materials, construction and engineering, renovation and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.