SoftBank Group backs Mubadala Ventures’ new $400m European tech fund

An employee stands in front of a Formula One race photograph at the Mubadala stand outside the Ferrari store in Marina Mall in Abu Dhabi, September 23, 2008. REUTERS/Morteza Nikoubazl

Abu Dhabi’s Mubadala Investment Company said on Wednesday it plans to launch a $400 million fund to invest in leading European technology companies.

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