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SoftBank launching $100 million fund investing ‘in companies led by founders and entrepreneurs of color’

June 3, 2020 /

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SoftBank

SoftBank has announced that it is launching a new $100 million fund called the Opportunity Growth Fund that SoftBank COO Marcelo Claure has confirmed “will only invest in companies led by founders and entrepreneurs of color,” reports Axios. The fund is the largest capital reserves ever dedicated to solely supporting businesses run by people of color.

By Michael Grothaus


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1 Comments

  1. Russ Fletcher on June 3, 2020 at 10:01 am

    I hope you will share this opportunity with all of Montana’s entrepreneurs of color, especially our First Peoples leaders.

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