SoftBank fund invests US$50mil in Black and Latinx-led tech startups in a year
The Star Online - Tech·2021-06-08 11:00
SoftBank created the Opportunity Fund barely a week after the murder of George Floyd. The firm committed to invest US$100mil (RM412.80mil) in companies led by underrepresented racial minorities, establishing the largest fund of its kind. A year later, SoftBank has already allocated half the cash and anticipates creating a second fund by year-end.
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