ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
SoftBank

SoftBank makes $100m bet on Miami as next US tech hub

Conglomerate ready to spend again after recent wins led by DoorDash IPO

"We couldn't not be part of" the shift to Miami, SoftBank Group Chief Operating Officer Marcelo Claure said Jan. 28. (Photo courtesy of Valerie Abbott/ucumari photography)

NEW YORK -- SoftBank Group will invest $100 million in Miami startups, Chief Operating Officer Marcelo Claure said Thursday, amid talk of the Florida city as the next American technology hub.

"We couldn't not be part of it," Claure, who is also CEO of SoftBank Group International, said at Bloomberg's The Year Ahead 2021 conference after first unveiling the investment plans with Miami Mayor Francis Suarez on Twitter live.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more