Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in equity from new and existing investors, a process led by Mubadala Investment Company; $10 million venture debt from funds and accounts managed...
Mubadala Investment Co. has put more cash into Reliance Retail Ventures Ltd, a division of Reliance Industries Ltd. in India. Reliance Industries, the global conglomerate whose businesses include retail, energy, textiles, natural resources and telecommunications, announced on Thursday (Oct. 1) that the Abu Dhabi, United...
SoftBank Group has been spending time in talks with investment firms Elliott Management and Mubadala over the possibility of taking its Japanese tech conglomerate private, the Financial Times (FT) reported, but the strategy has ultimately been scrapped. After a stock market slump as of late due to...
September 22, 2024
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are turning to AI projects as a way to diversify their economies, CNBC reported Sunday (Sept. 22). In the last year, funding for AI firms from these oil-rich […]
August 10, 2023
Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in equity from new and existing...
October 01, 2020
Mubadala Investment Co. has put more cash into Reliance Retail Ventures Ltd, a division of Reliance Industries Ltd. in India. Reliance Industries, the global conglomerate whose businesses include retail, energy,...
March 24, 2020
SoftBank Group has been spending time in talks with investment firms Elliott Management and Mubadala over the possibility of taking its Japanese tech conglomerate private, the Financial Times (FT) reported, but the...
