Overstock’s headquarters is fitted with View’s smart glass View

Softbank Vision Fund has been reported to be gearing up to announce a $1.1 billion investment into Silicon Valley based smart glass manufacturer View which produces glass used in internet-connected windowpanes adopted by companies like Facebook, HPE, Overstock, FedEx and Delta Airlines in its buildings. This report comes from Bloomberg.

View’s dynamic glass improves space utilization and allows people to work more comfortably close to windows thanks to improved efficiency and the ability to control features like tint levels. The company has raised over $700 million till date in debt and equity financing and was valued at $1.1 billion from a round last year according to Pitchbook.

The Charlotte Douglas International Airport is also fitted with View’s smart glass technology View

Current investors include Bain Capital, BlackRock, Madrone Capital Partners, Khosla Ventures, GE Capital, NZ Super Fund and Sigma Ventures.

If announced, This would mark another major bet by Softbank in disruptive companies with other of its bets including the likes of satellite company OneWeb, construction tech company Katerra, AI & robotics firm Brain Corp, Indoor Farming startup Plenty, distributed simulation software maker Improbable and several others.

View CEO Rao Mulpuri View

It’s deployed over $35 billion of its capital so far amid being the subject of recent controversy following the recent assassination of journalist Jamal Khashoggi by Saudi Arabian agents sparking backlash for the Vision Fund of which the government of Saudi Arabia is a major backer.

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