SoftBank deepens commitment to LatAm with two new partners focused on early-stage investing
In March 2019, SoftBank Group International made headlines when it announced the SoftBank Innovation Fund, which started out with a $2 billion commitment to invest in tech startups in Latin America.
SoftBank changed the name of the fund to the SoftBank Latin America Fund, or LatAm Fund for short.
As evidence of its continued commitment to the region, SoftBank Group announced today that it has added two new managing partners to its LatAm Fund team: Rodrigo Baer and Marco Camhaji.The two will focus on “identifying and supporting†early-stage companies across the Latin American region, SoftBank told TechCrunch exclusively.
In August, Shu Nyatta, a managing partner at SoftBank who co-leads its $5 billion Latin America Fund, pointed out a dynamic that might seem obvious but is rarely articulated: Technology in LatAm is often more about inclusion rather than disruption.Earlier this week, the firm also announced the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm, with an initial $3 billion commitment