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General

SoftBank establishes Korean growth fund for startups

Monday 22 July 2019 | 10:03 CET | News
SoftBank Group has established the 'Growth Acceleration Fund' and completed its first closing with committed capital of KRW 317.38 billion (approximately USD 269 million). SoftBank Ventures Asia, an overseas subsidiary of SoftBank Group, works as a general partner for the Fund. The Fund will invest in early stage startups globally with a particular focus on Asia.

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Categories: General
Companies: Softbank
Countries: Asia / World
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