Spotlight on Latin America with Marcelo
Claure, CEO, SoftBank Group International
at #FII5
27 Oct 2021
Marcelo Claure, CEO of SoftBank Group International, highlighted the significant transformation and growth of Latin America's startup ecosystem at the Future Investment Initiative (FII5). SoftBank's investments totaling $8 billion have led to the emergence of 26 unicorns in the region, with a focus on disrupting sectors such as education, healthcare, transportation, logistics, and fintech. Claure emphasized the potential for disruption in various industries, driven by technology and changing consumer behaviors. SoftBank's investments have accelerated innovation and venture capital in Latin America, expected to reach about $25 billion. Additionally, the company has established an Opportunity Fund specifically for minority entrepreneurs, aiming to create both financial returns and social impact. Claure's insights underscore the immense potential and opportunities for growth and disruption in Latin America, positioning the region as an attractive landscape for investment and innovation.
Moderator: Elise Labott
Speakers: Marcelo Claure