SoftBank renames early venture arm with focus on Asia
Japanese conglomerate SoftBank has renamed its early-stage venture investment arm from SoftBank Ventures Korea to SoftBank Ventures Asia. Established in 2000, SoftBank Ventures Korea had initially focused on the Korean market and had expanded to make investments in startups globally in 2011. With over $1.1 billion, it is searching for more AI-related startups to invest in, especially in Asia.