SoftBank launches $5 billion Latin America tech fund

SoftBank launches $5 billion Latin America tech fund

7 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/07/softbank-launches-5-billion-latin-america-tech-fund.html

SoftBank is launching of a $5 billion fund that will invest in technology start-ups across Latin America, the company announced Thursday.

The new fund, named the SoftBank Innovation Fund, will be run by former Sprint CEO and Bolivian native Marcelo Claure. SoftBank has already committed $2 billion to the fund, though no decision has been made yet on where its headquarters will be.