Softbank makes its first foray into Chile in Betterfly's round of financing

Softbank Group Corp, the Japanese firm that has invested billions of dollars in Latin American startups in recent years, made its first foray into Chile by participating in a US$60 million financing round for Betterfly, a healthcare technology company.

Softbank joined DST Global Partners, QED Investors, Valor Capital and Endeavor Catalyst in the financing round that now values Santiago-based Betterfly at US$300 million, according to the company.

Author: Eduardo Thomson

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