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Today: May 11, 2024
December 19, 2023
1 min read

Marcelo Claure teams up with Paul Judge: Fueling Open Opportunity Fund!

Marcelo Claure, founder and CEO of the Claure Group, has returned to the Open Opportunity Fund as Vice Chairman and General Partner. The Open Opportunity Fund is a venture capital fund that focuses on funding technology companies founded by Black and Latino entrepreneurs. Claure was a founding member of the fund while he was the CEO of SoftBank Group International and helped launch the SB Opportunity Fund, which invested $100 million in underrepresented founders. Claure will be joining Paul Judge, Chairman of the Open Opportunity Fund, in acquiring an ownership stake in the $100 million Opportunity Fund 1 portfolio from SoftBank. The fund aims to double in size with the launch of Fund 2, which will be a $200 million fund that continues to support and back exceptional tech founders from diverse backgrounds.

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