SoftBank is selling one of its venture capital arms, South Korea-based SoftBank Ventures Asia (SBVA), to The Edgeof, a Singaporean investment firm, according to the two companies. The deal’s financial terms have not been disclosed, but the Singaporean VC firm aims to complete the acquisition this year. Last month, SoftBank CEO Masayoshi Son’s younger brother […]
As tech slumps, SoftBank sells VC unit to Singapore-based firm led by Masayoshi Son’s brother by Kate Park originally published on TechCrunch...