SoftBank Ventures Korea Launches $300M China-Focused Fund

SoftBank Ventures Korea, a Seoul-based venture capital arm of Japanese internet giant SoftBank Group Corp., has launched a US$300 million new fund targeting at investment opportunities in China. The website of SoftBank Ventures Korea did not reveal detailed information of the new fund. But South Korean online news portal The Investor said that the China-focused new fund, namely China Ventures Fund I, was raised in partnership with San Francisco-based private equity company TPG Growth. TPG Growth is widely known for its …

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