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Business, Company News, Economy

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mubadala invests $200m in Bicycle Capital

In 2022, Mubadala Capital launched the Solutions platform, consisting of three fully integrated businesses.
By TRENDS Desk
June 16, 2023 10:58 pm
  • Bicycle Capital has received $440 million commitments so far.
  • Mubadala's $284 billion portfolio is spread across the globe.

ABU DHABI, UAE – Abu Dhabi-based sovereign wealth fund Mubadala is investing $200 million in a venture firm Bicycle Capital.

Bicycle Capital, a new growth equity firm with its focus on startups in Latin America, is led by Marcelo Claure, the former chief operating officer of SoftBank Group.

Claure is the Executive Chairman and Managing Partner in Bicycle Capital.

The firm has received $440 million commitments so far, Bloomberg reported. Mubadala is investing $200 million, and Claure Group is also investing $200 million, the report said.

Mubadala’s $284 billion portfolio is spread across the globe.

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