The corporate's Latin America fund will transition to an independent vehicle called Upload Ventures which will invest approximately $100m each year.
Japan-headquartered internet and telecommunications group SoftBank is spinning off its Latin America Fund into an independent vehicle called Upload Ventures, it announced today. SoftBank initially launched the vehicle – also known as SoftBank Innovation Fund – under the auspices of group chief operating officer Marcelo Claure in 2019 with a $2bn capital allocation and a…
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