SoftBank Ventures Korea has relaunched as SoftBank Ventures Asia with an expanded remit that will take in the US and Europe as well as the whole of Asia.
Japan-based telecommunications and internet group SoftBank rebranded its SoftBank Ventures Korea unit to SoftBank Ventures Asia on Wednesday to reflect a wider geographical focus.
Founded in 2000, SoftBank Ventures Korea initially formed part of a network of corporate venturing vehicles that included SoftBank China Venture Capital, otherwise known as SBCVC, the New York-based SoftBank Capital – since spun out into a firm known as SBNY – and Softbank UK Ventures.
The unit initially focused on South Korea-based investments but expanded…