The corporate has already backed Kaszek Ventures and Valor Capital, but plans to supply cash for up to 10 venture firms in connection with its $5bn Latin America fund.

Japan-headquartered telecommunications group SoftBank has entered discussions to provide roughly $500m of capital for Latin America-based investment vehicles in the form of limited partner contributions, Reuters reported yesterday. The move is linked to the $5bn Latin America-focused investment fund SoftBank launched in March this year. The vehicle has since made several large investments, most recently…

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