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SoftBank invests in Abu Dhabi's Mubadala's $400 mn European tech fund - FT
18-Feb-2019

Japan's SoftBank Group has provided nearly half the cash for the new $400 million fund by Abu Dhabi's state-owned Mubadala Investment Co that aims to back European start-ups, the Financial Times reported on Monday. Mubadala, which is a big investor in SoftBank's Vision Fund, will use the fund to invest between $5 million and $30 million in European start-ups, FT reported, citing people with direct knowledge of the matter. A company executive said last week Mubadala Ventures was planning to launch a technology-focused, $400 million European fund this year.

News Source:- https://www.business-standard.com/article/reuters/softbank-invests-in-mubadala-s-new-400-million-european-tech-fund-ft-119021800182_1.html