Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes

After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, Softbank announced this month that it would add an additional $1 billion into the fund to continue supporting tech startups across the region. While the Japanese investor faces the challenge of raising a second global fund after its Vision Fund, Softbank is still investing heavily in Latin America. One of its early Latin American investments - and the first in Colombia - Ayenda Rooms, is performing particularly well, raising $8.7 million from Kaszek Ventures this month.

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