SoftBank turns fund for diverse entrepreneurs into an ‘evergreen’ opportunity

SoftBank, a Japanese conglomerate, announced today that it has an uncapped, evergreen fund made explicitly to back Black, Latinx and Native American entrepreneurs within the United States. The commitment is a continuation of SoftBank’s $100 million Opportunity Growth Fund for underrepresented founders, which first launched in June 2020 in the “wake of increased racial justice.” […]