Home Tech/AITech news Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

by aya salah

Abu Dhabi’s state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

Mubadala has committed $15 billion to Japan’s SoftBank’s $93 billion private equity fund that has also raised money from Saudi Arabia’s main sovereign fund and other technology firms.

source: Reuters

You may also like

Leave a Comment