Mubadala's venture capital unit to launch $400 mln European fund -executive

SB Technology

13/02/2019 10:23

ABU DHABI, Feb 13 (Reuters) - Mubadala Ventures, the venture
capital arm of Abu Dhabi’s state-owned Mubadala Investment
Company, plans to launch a $400 million European fund this year,
a company executive said on Wednesday.
    The venture capital unit is also working with international
venture capital funds to invest in Abu Dhabi, Ibrahim Ajami,
head of Mubadala Ventures, told a conference in Abu Dhabi.

 (Reporting by Stanley Carvalho; writing by Davide Barbuscia;
editing by Jason Neely)
 ((Davide.Barbuscia@thomsonreuters.com; +971522604297; Reuters
Messaging: davide.barbuscia.reuters.com@reuters.net))