Asset Management

Mubadala launches $400m European tech fund

Softbank has pledged to commit to the vehicle, which will invest in other venture funds as well as making direct investments

Mubadala launches $400m European tech fund

Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has launched a $400m fund to invest in European technology companies.

The sovereign wealth fund said on Wednesday that its new strategy will be managed by its venture arm.

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