- SoftBank added $1.4 billion since Latam Fund inception in October 2019;
- According to SoftBank, six out of the top ten unicorns in Latin America are SoftBank’s backed firms.
SoftBank has already invested $2.6 billion in Latin America‘s startups through its Latin American fund, and these investments are valued at $4 billion.
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According to data released by the Japanese conglomerate in earnings results for the fiscal year ended March 31, 2021 presentation, SoftBank added $1.4 billion since Latam Fund inception in October 2019 to March 2021.
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According to SoftBank, six out of the top ten unicorns in Latin America (according to CB Insights and LAVCA’s valuation reports) are SoftBank‘s backed firms, including Kavak, Rappi, Loft, Loggi, Creditas, and VTEX. The fund’s net equity IRR, so far, is 62%.