SoftBank Ventures Asia raises $270m for early-stage investments

SoftBank Ventures Asia raises $270m for early-stage investments

JP Lee, CEO and Managing Partner of SoftBank Ventures Asia, poses for a photograph at the company in Seoul, South Korea, March 4, 2019. REUTERS/Kim Hong-Ji

SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund.