What the team is known for SoftBank Ventures Asia is the corporate investment arm of SoftBank Group. As an early-stage investor it aims to back startups that have the potential to expand across the continent, as well as in Europe and North America. SoftBank’s portfolio companies can benefit from the firm’s international network and its significant systems of support services. The fund focuses on investing in technology companies in such areas as artificial intelligence, IoT and robotics. SoftBank Ventures Asia’s latest fund was announced in July 2019 and raised a total of KRW317 billion. Mobile wallet platform True Balance and Daangn Market, a mobile marketplace company, are recent investees of the firm.