禁漫天堂

Here’s what you need to know today in startup and venture news, updated by the 禁漫天堂 News staff throughout the day to keep you in the know.

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SoftBank Commits $3B to Latin America

announced the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on technology companies in the Latin American market, with an initial $3 billion commitment.

Fund II follows the initial $5 billion Fund, which was announced in March 2019. To date, that fund has invested $3.5 billion in 48 companies with a fair value of $6.9 billion as of the end of June, per SoftBank’s estimate. Portfolio companies from that fund include several Latin American unicorns, including , , , and .

— Joanna Glasner

QED Investors closes on $1B in funds

Global fintech investor has raised Fund VII at $550 million, as well as a $500 million growth stage fund. The firm since 2007 and has more than $3 billion under management according to the announcement. We spoke with founding partner Frank Rotman recently on the next decade of fintech investing.听

— Gen茅 Teare

Seedtag raises $40M for contextual ads

Madrid-based , a provider of AI-enabled contextual advertising tools for brands to target marketing campaigns, raised $40 million in a Series B round backed by .

— Joanna Glasner

Insurtech

Sproutt lands $26M for life insurance: Tel Aviv- and New York-based , a life insurance company that rewards healthy behaviors, announced it raised $26 million in a Series B funding round led by . the funds will be used to聽 roll out a new predictive life insurance product that assesses behaviors that reflect healthy living.

— Joanna Glasner

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