#SoftBank

Saudi’s Unifonic closes $125m Series B round to drive expansion

This funding marks SoftBank’s first direct investment in a Saudi-based company

Dubai cloud kitchen Kitopi becomes a unicorn after new $415m funding led by SoftBank

The deal marks one of the largest funding rounds for a Middle East technology company

Abu Dhabi’s wealth fund invests in SoftBank-backed tech startup

It invested in Reef Technology, a startup that manages hubs in parking lots used for food delivery and other services

NVIDIA ARM

NVIDIA touted to take over chip manufacturing giant ARM – reports

SoftBank had acquired ARM in 2016 in a deal worth $32bn

Saudi wealth fund said to be seeking $10bn margin loan

PIF is in need of capital as it embarks on an investment spree that has seen it build stakes in some of the world’s largest companies since the start of the coronavirus pandemic