The corporate has followed its $5bn first Latin America fund by channelling $3bn into a Fund II which may be boosted by external investment.

Japan-headquartered internet and telecommunications group SoftBank disclosed yesterday it has allocated $3bn to a second Latin America-focused fund. The corporate launched a $5bn first fund in early 2019 focused on the region, and the unit is headed by its chief operating officer, Marcelo Claure. The $3bn represents Fund II’s initial allocation, but SoftBank is exploring…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.