User:Jeong Seo Yoon/sandbox

SoftBank Ventures Asia (SBVA) is the global early-stage venture capital arm of the SoftBank Group. SoftBank Ventures Asia focuses on early-stage ICT investments – including Artificial Intelligence (AI), the internet of things (IoT), and smart robotics. By October 2021, SoftBank Ventures Asia has backed more than 250 companies in 10 countries with US$1.3 billion fund under management.

History
SoftBank Ventures Asia (SBVA) was founded in 2000 as SoftBank Ventures Korea and began its focus on South Korean market and its early-stage ventures. SoftBank Ventures Asia's one of the early investments in South Korea includes Nexon Co, now a Korean-Japanese gaming publisher that was the largest IPO in Japan for 2011. SoftBank Ventures Asia (SBVA) expanded its focus beyond South Korea since 2011 and made several notable investments in Southeast Asia, such as Tokopedia, an Indonesian e-commerce platform, and Carro, Singapore's used-car platform. In 2018, SoftBank Ventures Asia launched a $300m venture fund ‘China Venture Fund I’, targeting Chinese start-ups, then immediately trailed by ‘SoftBank Acceleration Fund’ with $300M the following year. With continuous investment across Asia and beyond, the company renamed itself as SoftBank Ventures Asia to reflect its broadened focus on startups in the Asia-Pacific region beyond South Korea, and opened offices in Seoul, Singapore, and Beijing.

Business Overview
SoftBank Ventures Asia focuses on early-stage ICT investments – including Artificial Intelligence (AI), the internet of things (IoT), and smart robotics. With the company's extended expertise in ICT investment, SoftBank Ventures Asia is aiming towards two investment themes, which are ‘technology innovation’ in AI, Robotics, Semiconductor, Mobility, and AR/VR, and ‘market innovation’ in consumer, enterprise, shared economy, healthcare, etc. SoftBank Ventures Asia created $160M ‘future innovation fund’ in March 2021, focusing on AI start-up s and made investment in AI sector including VoyagerX, AI software developer, Upstage AI, AI solution provider, and MarqVision, AI-powered intellectual property (IP) protection platform.

Notable Investments
In 2021, number of SoftBank Ventures Asia's portfolios have newly acclaimed their unicorn status. These portfolios include, Carro,   Huice, Chinese ERP solution provider formerly known as ‘Wangdiantong’, Danggeun Market (Karrot), operator of hyperlocal e-commerce app, Opay, Nigerian Fintech platform, Ajaib, Indonesian fintech platform. Among them, Carro,   Huice, and Opay were able to secure investment by SoftBank Vision Fund 2 in the later rounds.

Other Investments

 * Radish Media, Inc
 * HyperConnect
 * IYUNO-SDI
 * ZEPETO
 * Soda
 * Kream
 * Energy Monster
 * Keenon Robotics
 * Funding Society
 * Tokopedia
 * Innoviz Technologies
 * Lunit