Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, announced that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023. The round will enable Moove to expand its…
Moove, the world’s first mobility fintech, announced that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve…
CBC Group (CBC), Asia’s largest healthcare-dedicated investment firm headquartered in Singapore, and Hasten Biopharmaceutic Company Limited (Hasten), jointly announced the completion of a US$315 million fundraising round for Hasten. Hasten is an innovation-driven pharmaceutical company backed by CBC, Hefei Industry Investment Group, and Feidong County of Hefei City. The fundraising round was co-led by CBC and Abu Dhabi sovereign wealth fund, Mubadala Investment Company,…
Tata Power and BlackRock Real Assets-led consortium, including Mubadala Investment Company (Mubadala), have entered into a binding agreement to invest in Tata Power’s renewable energy subsidiary, Tata Power Renewable Energy Limited (Tata Power Renewables). BlackRock Real Assets, together with Mubadala, shall invest ₹ 4,000 crore (~US$ 525 million) by way of equity / compulsorily convertible…
Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350M. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), also invested in this round, with the total exceeding half a billion dollars. Established in 2017, PDG is a leading…
Reliance Industries Limited and Jio Platforms Limited, a digital services platform, announced that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest ₹ 9,093.60 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. With this investment, Jio Platforms has raised ₹…
Innovaccer, a Healthtech startup, announced it has raised $70 million in a Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge Capital, Mubadala, and M12. Till now, the company has managed to raise a total capital of $120 million. The company will utilise the funds to improve existing processes that digitise healthcare for…