Economic

Softbank Capital Announces New $250M Princeville Growth Fund To Help Startups Expand Into Asia

“Softbank Capital, the venture arm of Japan’s massive Softbank Corp, has just announced a brand new growth fund of $250 million that the firm is calling ‘the Princeville fund.’

Thus far, Softbank has focused more predominantly on seed-stage funding, and would like to expand that focus toward more mature companies looking to push into Asia, particularly Japan, China and Korea. Because of Softbank’s extensive network in Asia through Softbank Corp, Japan’s largest wireless carrier, Softbank claims to be the best possible VC firm for Asia-enticed companies to work with.”

Source:Softbank Capital Announces New $250M Princeville Growth Fund To Help Startups Expand Into Asia | TechCrunch

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