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Companies

Japan's SBI plans $920m venture capital fund

Led by ex-SoftBank exec, group seeks investors with focus on 5G, robotics and IoT

SBI Holdings owns Japan's largest online brokerage.

TOKYO -- Japanese financial group SBI Holdings on Friday said it planned to raise up to 100 billion yen ($920 million) for a new venture capital fund, in what will be the biggest active investment vehicle in Japan focused on startups.

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