Latin America finds a champion in SoftBank Group International CEO Marcelo Claure
https://techcrunch.com/2021/09/23/latin-america-finds-a-champion-in-softbank-international-group-ceo-marcelo-claure/
SoftBank is gaga for startups in Latin America. Since first announcing it was planting a stake in the ground in the region in early 2019, the Japanese conglomerate — from its own balance sheet, it says — has plugged more than $5 billion into the region, and it expects that number to top $8 billion by year’s end.
Its capital contributions are meaningful, to say the least. In 2019, startups across Latin America raised $5.3 billion in funding, according to CB Insights. In 2020, they raised roughly the same amount.