SoftBank Vision Fund 2

Activity from announced rounds

Activity in this selectionOct 18, 2026 · Jul 21, 2026

SoftBank Vision Fund 2 is the specified fund explicitly named by Zenity and Encoded.

Recorded funding activity

Zenity secures enterprise agents. Encoded develops neurological gene therapies, while Emergent develops AI software-creation tools. The vehicle remains distinct from Vision Fund 1, SoftBank itself and fund advisers.

Sources
Rounds participated in
2
Confirmed lead rounds
0
1 roles undisclosed
New companies
2
First participation on record · 0 follow-on
Funding in participating rounds
$400M
2 disclosed · full round size, not this investor’s share

By stage

Series C+2

By primary sector

Biotech1
Cybersecurity1

By country

United States2

Rounds

2 in this selection
Encoded Therapeutics Inc.

Encoded develops precision gene therapies for neurological disorders, led by ETX101, a gene-regulation therapy for people with SCN1A-positive Dravet syndrome.

$275MSeries F
Participant
Zenity

AI security and governance platform purpose-built for enterprise AI agents

$125MSeries C
Role not disclosed