European venture capital firm Balderton Capital launches $400M tech startup fund

On Tuesday, Balderton Capital, an European venture capital firm stated, it is launching a $400 million fund to invest in technology start-ups; its total funds under management now totals to $3 billion. In a statement, Balderton said, the total venture capital funding in European start-ups hit a record high of $27.11 billion (24.6 billion euros)…

SoftBank Group invests $400 million in Abu Dhabi’s Mubadala Investment Co

Abu Dhabi’s state-owned Mubadala Investment Co is aiming to invest between $5 million and $30 million in European startups. On Monday, as per a report from the Financial Times, Japan’s SoftBank Group has provided nearly 50% of the cash for the new $400 million fund by Abu Dhabi’s state-owned Mubadala Investment Co. Mubadala Investment Co,…