SoftBank Vision Fund 2 led a $225m Series D funding round in Paack.

SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $225m Series D funding round in Paack, a provider of e-commerce delivery services, with participation from Infravia Capital Partners, First Bridge Ventures, Endeavor Catalyst, Unbound, Kibo Ventures, Big Sur Ventures, RPS Ventures, Fuse Partners, Rider Global, Castel Capital and Iñaki Berenguer. “As the e-commerce sector continues to flourish and same-day delivery is increasingly the norm for consumers, we believe Paack is well-positioned to become the category leader both in terms of its technology and commitment to sustainability," Max Ohrstrand, SoftBank Investment Director.