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Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes

  • TechCrunch
  • 3 months ago

After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, SoftBank announced this month that it would add an additional $1 billion into the fund to continue supporting tech startups across the region.

While the Japanese investor faces the challenge of raising a second global fund after its Vision Fund, SoftBank is still investing heavily in Latin America.

Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes

Rachel Lauren

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Looking for something where I can get my hands dirty. Researcher, writer, builder.
Founder vidsta • Worked at @Bertelsmann Digital Media Investments

Brendan Brits

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- Digital media venture investing at BDMI