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SoftBank-backed Volpe Capital raises $80M to invest in LatAm

Technology

In recent years, the tech and venture scene in Latin America has been growing at an accelerated pace. More global investors are backing startups in the region and certain sectors in particular, such as fintech, are exploding.Global investors are not only pouring money into companies. They’re also investing in funds.Today,

Volpe Capital  announced the $80 million first close of its fund

targeting high growth technology investments in Latin America. Notably,

Japanese investment conglomerate SoftBank, BTG and Banco Inter

affiliates are anchor investors in the new fund, which is targeting

aggregate commitments of $100 million with a hard cap of $150 million.

Volpe also received a “large anchor investment” from its management

team.

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