When SoftBank announced in 2019 that it had allocated $5 billion to investing in Latin American startups, it felt like an inflection point for the region.
And then when the Japanese investment conglomerate announced it had committed another $3 billion to startups there, it was only further validation that Latin America was home to a formidable startup system.
About $7.6 billion of that capital has been allocated across more than 80 investments, according to Juan Franck, managing partner of the SoftBank Latin America Funds. This means that SoftBank still has $400 million to back companies acros
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