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SoftBank Group Corp. started a $100 million (¥10.9 billion) fund that will exclusively invest in companies led by people of color, a group that’s historically been underrepresented in the venture capital industry.

Marcelo Claure, SoftBank’s chief operating officer, will lead the fund alongside Shu Nyatta, a managing partner who works on the company’s Innovation Fund, according to a statement from the company on Wednesday. The fund will specifically look to support founders from communities that face “systemic disadvantages in building and scaling their businesses,” it said.

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