July 19, 2019 / 8:22 AM / 2 months ago

CORRECTED-SoftBank Group raises $270 mln via Seoul unit for early stage startup investments

(Corrects figure in first paragraph to 317 billion won, not million)

TOKYO, July 19 (Reuters) - SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early stage investments has raised a 317 billion won ($270 million) fund.

SoftBank Ventures Asia’s new fund will invest in early stage startups globally with a focus on Asia, the tech conglomerate said. ($1 = 1,174.6800 won) (Reporting by Sam Nussey and Chris Gallagher; Editing by Muralikumar Anantharaman)

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